Quote:
Originally Posted by Robbie
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You don't seem to understand..
Wages are up 2.9%
Inflation is up 2.8%
People lucky enough to get a 2.9% raise are paying 2.8% more for gas, food, rent, etc.
If you weren't lucky enough to see a raise increase you are still paying 2.8% more for goods and services.
Do you understand now?
US Inflation Rate at Over 6-Year High
Also, the story you linked to was back in May. It's now July.
July 1st the tarriffs went into effect raising the price of thousands of imported goods by 25%
In August & September inflation reports will be higher as they will reflect the increases cost of goods starting this month.
Layoffs will begin around the holidays
