https://www.nbcrightnow.com/national/poll-63-of-americans-sa…
“Poll: 63% of Americans say they are falling behind the cost of living”
Let us hope this feeling is transitory. And odds are it’s probably more than just a feeling, it’s probably based on people’s real life situations.
Sorry, this was posted - I just saw.
I got tele’d. (Tele how’s that for an oldie but a goodie)
Real Median Personal Income in the United States
https://fred.stlouisfed.org/series/MEPAINUSA672N
Real Disposable Personal Income: Per Capita
https://fred.stlouisfed.org/series/MEPAINUSA672N
The Covid-related expanded Child Tax Credit made significant payments to families with children in 2021 that ended in 2022. Although those payments were temporary, it’s not surprising that families are feeling as though they are falling behind, even though real disposable income (inflation-adjusted) is not lower than 2019.
Seeing prices rise in the stores is making everyone feel poorer.
Wendy