Americans spend more money eating at restaurants than on groceries, all the while complaining about inflation. Hey guys, if you are just going to borrow more to keep buying the same amount of good, inflation will NEVER come down. The logical thing is to refuse to pay the higher price, buy and spend less, that's how you bring down the inflation. But hey, Americans have always been known to spend irresponsibly and don't even save for their own retirement, so why change now?
The key to knowing the state of the economy. Question: Can I afford in the Biden administration what I could afford in the last administration? And the answer is: NO, you cannot. Question: Is the 125% price increase of everything I need to buy and pay equal to the 17% salary increase I got; the answer is: NO, it is not. Question Analysis: Is the Biden administration taking money from doctors, school principals, Engineers, factory workers and transferring that money to the Billionaires “by ways of price increase”. The answer is YES.
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Stagflation is here
Stagflation
Socialism in a nutshell.
Hang in there, folks! You know you can always count on Democrats and Republicans to work to together to send money to... other countries.
But But But AI...NVDA....LOL
We need massive layoffs. Start with those making 20 per hour for min wage work.
Americans spend more money eating at restaurants than on groceries, all the while complaining about inflation. Hey guys, if you are just going to borrow more to keep buying the same amount of good, inflation will NEVER come down. The logical thing is to refuse to pay the higher price, buy and spend less, that's how you bring down the inflation. But hey, Americans have always been known to spend irresponsibly and don't even save for their own retirement, so why change now?
Lmao okay boomer, as if I'm not paying 35% more on groceries than I did before.
The key to knowing the state of the economy. Question: Can I afford in the Biden administration what I could afford in the last administration? And the answer is: NO, you cannot. Question: Is the 125% price increase of everything I need to buy and pay equal to the 17% salary increase I got; the answer is: NO, it is not. Question Analysis: Is the Biden administration taking money from doctors, school principals, Engineers, factory workers and transferring that money to the Billionaires “by ways of price increase”. The answer is YES.
Numbers look good on a computer, but the value doesn’t go as far. There’s no economic growth, else wages would have increased. And they haven’t.