For anyone bearish on the progress made by the U.S. economy, consider this: Computers are now one-1,100th of their price 35 years ago.
Innovation makes things cheaper, which frees up cash for consumers to buy other things. That drives the virtuous cycle of economic growth. We dug into the inflation data, more formally known as the personal consumption expenditures price index, to highlight some of the items that have seen the biggest discounts.