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Inflation is hitting people hard. And it's happening globally not just in the USA.
Last night I ordered some food and the delivery agent told me she is living in her car because people are not tipping well and she can't afford rent anymore. Paid for her stay in a motel for now.
Every year the value of our money goes down because the government keeps printing more of it like its a cocaine addiction (This is on top of prices going up for other reasons as well).
Unless you're getting huge raises every year you're never going to get ahead, and if you're getting nothing, you're actually losing money.
So it isn't just me. My spouse and I bring in together $250000 (before taxes), we own a house and we are living paycheck to paycheck. One factor of many why I chose to move to another country. The only good thing is that once I sell the house I will be able to pay off all my debts because of how much the price of the house gone up.
250k is a top 1% income level. There are some you problems in that math.
Have you tried skipping breakfast??? /s
It's as if workers can only improve their condition in a capitalist society when the pie grows exponentially, but continual exponential growth is an impossibility in a physical world.