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Just to drive anywhere or eat anything you have to pay an arm and a leg. I dont see companies rolling over backwards to help their employees out financially. They just assume keep the revolving door going and just hope they can find one eyed unicorns to work for the cheapest wage possible while stockpoling all the revenue for themselves. . . How does anyone afford themselves to live much less a family of 5-6 or more.
You will have to adapt to rising costs. People have done it in the past. High inflation may be new to you but the US has gone through this before.
What do you consider insane inflation? 300%, 200%? That will be difficult for most families outside the top 1-3%. I don’t think we will get there. We are no where near that now. Officially inflation is at 5.5%. Let’s say people are reporting a 10% overall inflation rate - which is probably an exaggeration but ok. I do think almost anyone can adjust their budgets to handle that. There was extra money last year from stimulus, ppe and this year from enhanced child tax credits coming in to most family bank accounts. Wages have gone up. Extra employment is available. Doesn’t feel dire at the current level. Shocking yes, but not dire.
The continuing demand for high priced consumer goods and leisure activities is telling a difference story. Plenty are still able to afford the “luxuries”.
The inflation figurethe gov't reports does NOT include food or energy.....2 things EVERYBODY must consume.
Please check on how much these 2 categories have risen, and are projected to rise over the next 6 months, & then post again, and you can tell us how bogus the 5.5% "official" figure really is.
~50% of Americans are living paycheck to paycheck, so they are getting pinched by real inflation (not the bogus gov't figure), especially by food & gas prices. As the inflation trend worsens, this will become a dire situation for ~1/2 of all Americans.
Just about everything now......it is starting to feel real price-gougey when I buy stuff.
Dollar Tree has these great serving-line, disposable-gloves that are great for doing
lightweight things like checking fluids in a vehicle without getting your hands oily. Well, the pack
was 100-count......but now it appears to be well less than 40, but the packaging still lists 100-count.
Those on the welfare train are getting a 25% increase in their food stamps. Not so for all the working class poor or middle class families who are just making it. They have to pay more or eat less.
That is false reporting. I went into a grocery store and many items are 33% more to buy. If it was $4 , it is now $6.
Some things are double the cost of what it used to be.
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