Americans fight with rising cost of living | Morning in America
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- Опубликовано: 14 май 2024
- From the grocery store to the gas station, budgets are getting tighter across America as inflation cools ever so slowly. The new Consumer Price Index report for April will be released Wednesday, which many analysts believe could come in hotter than expected - even though inflation has fallen since its peak of 9.1 percent in June of 2022.
#CPIReport #Inflation #Groceries
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America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned 180k savings to turn to dust
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This administration is putting many families in difficult situations. A lot of people are financially struggling to live, put a roof over their head and put food on the table. Things are getting worse these days, if you don't find means of multiplying your money you might wake up a day to realise you didn't plan well for yourself and family.
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I keep wondering how people earn money in financial markets, i tried trading on my own made a huge loss and now I'm scared of investing more.
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@@Aimee966 I get guidance from *Susan Tori Davis* Most likely, the internet should have her basic info..
EVERYTHING IS EXPENSIVE, taxes, insurance, food,etc.
Our country is in trouble!😢
My overall grocery bills are down. I made choices to make it happen. I buy sales, buy clearance, and refuse to buy overpriced items.
Do you guys have the OLIO app in the US? We have it here in UK. It's really useful.
I just use family land and grow food to cut costs plus it tastes better.
u can cut back with g4oceries first, then start cooking from scratch more, then start growing some of your own food
*clap**clap**clap* next on the list is planting a sustainable self growing food garden for consumption call it "eden" before any other retail outlet steals the brand name
Me 2😅😅😅😅 we are also the fattest nation so maybe cutting back on food is good.
Who the hell can afford to travel these days?
Right? But i know so many people that are still going on tons of expensive vacactions. How??
Take your vacations in south east asia... Many westeners and digital nomads prefer south east asia ... also a retirement haven ... their money Will Go a long way and live like a king!
You must be refering to the Philippines. Cos Malaysia and Singapore prefer short term tourist rather then long stay.
I don’t travel at all I’m holding on to all of my money
Travel??? what's that😮
Corporate profit from 2020 to 2023 has almost tripled to 1.5X in only three years, but from 2012 to 2019 it grew only by half of a percent. There is no longer a supply chain issue, yet they keep increasing prices.
This is just Greedflation
35 trillion in debt and endless money printing, make believe money.
Rising cost of living?
Maybe the industry doesn't want us living.
Yep too much eater
I'm homeless in an old Toyota Sienna minivan now.
Skipping meals just to have enough for our families . Inflation is getting tougher
the industry is the people, the people is the industry. don't make humans sound so self destructive
It’s beyond a rising cost of living. The cost of of everything is so ridiculous I’d rather unalive myself but who cares cause I’m not important
You are important to me 😊
You matter
❤
You are very!! important!! 😉
Eight billion people on the planet. Only the wealthy ones truly matter. Only they have a voice and can cause changes (or not). That's reality. For the most part, if anyone who reads this message decides to stay or go... it wouldn't matter. It is what it is.
Bidenomics work? no
Everything goes is going up, up and up !
Biden and Trump don't set prices of goods, but companies do.
Corporate profit from 2020 to 2023 has almost tripled to 1.5X in only three years, but from 2012 to 2019 it grew only by half of a percent. There is no longer a supply chain issue, yet they keep increasing prices.
Not everything is about politics. This is not inflation it's Greedflation
@@passerau so what is the point of having a president when he can't do anything? Their job is to create policies to control prices
@passerau actually they DO control prices by telling the fed to print money, by printing money your money is worth less which is what inflation reflects. during 2020 and 2021 the US printed $16 trillion dollars into existence qhen we only had $4 trillion before.
Inflation is sticking bc of bad policy and gov spending. We need new leadership, so vote correctly this time…
lmfao. They are all the same. You think you have options but it is just an illusion
Facts
@@johntheman9842Trump and Biden are the not same. We didn’t have this under Trump
voting got you in the mess in the first place
@@Insideoutcest you know this persons personal voting history?
Thanks Joe Biden!
Biden and Trump don't set prices of goods, but companies do.
Corporate profit from 2020 to 2023 has almost tripled to 1.5X in only three years, but from 2012 to 2019 it grew only by half of a percent. There is no longer a supply chain issue, yet they keep increasing prices.
Not everything is about politics. This is not inflation it's Greedflation
Trump tax cuts for rich.
@@passerauand what is Biden doing to combat inflation? NOTHING. That is why he has to go. Too many wars in his term. Because nobody respect him in world stage. Keep those diapers coming in WH till Nov.
@@passeraujo made it a lot worse it still would be hard if trump was in but not as bad.
@@aliceB357 personally, I focus solely on facts rather than 'shoulds', 'coulds', or 'maybes'. Despite supply the chain issue being resolved over a year ago, corporations persisted in maintaining high prices.
It's only now, as people revolt and begin to adopt new habits, that corporations are reluctantly reducing their prices. This undeniable shift exposes the truth: the price hikes weren't driven by inflation, but rather by sheer 'Greedflation.
Not everything is about politics.
Ty🙏
Of course travel has dropped. Thers no demand. People don't have the cash for travel. That's a luxury .
TSA said they checked in 30 million passengers at airports in memorial day weekend which is an all time record so you are wrong
Same in uk everything so expensive.
UK is doomed, run out as fast you can.
Everything in the uk has always been expensive, thats not news. British are known for there love of chocolates, and luxury items are not cheap
But aren't the UK the only nation in the world suffering and that they have brought it upon themselves because they voted for Brexit and subsequently Obama put them back of the que to teach them a lesson?
Costs will never come back down. They’ll just go up slower over time. You can thank your current administration for this.
All talk and no action. Bout time Americans start taking some action. America is doomed anyway.
Been doomed.
Same as in every other country!
But the customer with the EBT card has a full cart next to me at the grocery store.
EBT card has been more common lately. I saw some buy lobsters and crab legs.
I know I hate seeing that ish
Voting Democrat leads to pain and misery and misery sure as hell loves company.
Stop crying, four more years
When the Repubs are in control. we're in a recession recession recession for the past 40 years.
@@SSNESSthe White House better stock up on adult diapers.
The right wing brainwashing has worked well on you. Reality check: this inflation is the direct result of trump handing out trillions of dollars during Covid. Educated people understand that.
Inflation started during Covid.
Are you joking? I practically cry at the grocery store.. even a 5 dollar carton eggs is agonizing because I have to figure out how far I can stretch 12 eggs because i wont have the money to go again for atleast 2 weeks.
That’s cheap in my Country they are about 12 dollars
Same thing Europa
Biden has to go!
Going to get re-elected
I'm not voting for Trump. lol
Only trump can fix it 🤣😂🤣
Reduced hotel prices?????????? come to Maui and reserve their hotel rooms at $2700 per night!!! that's right!! Almost $3000 per night for a high end hotel room!!
Every time i go, the store food 😩 goes up ! 😮
Be rich and it won't be a problem.
My property taxes has been increasing like crazy every year....uncle sam has no mercy...i mean come on....let your people live...
💯
Greed.... this is what it looks like.... period.
Starting to grow veggies....
And geniuses keep birthing more kids…
Who? I'm 36, never married, homeless since the pandemic, and living in an old Toyota Sienna minivan now, despite working, and not addicted to drugs. Nobody will even date me.
Americans fight with fast food obesity and then americans fight with food shortages and high costs of rising supply and demand. There is a chart with futuristic predictions being made as we speak because human cosumption is so predictable.
Who cares if the prices of hotels and car rentals go down? There's folks out here who will not have any time or money to go on vacation because they are just trying to afford the cost of food, a necessity
Yes when it’s a choice to heat or eat. No cares about that other stuff.
It’s all about the 💰💰💰💰
All about Ben's
Exactly. If you ain't rich, you ain't nothin'. #copium
I have seen organic meat at $49.99 a pound. Unbelievable!
They should raise rates even more. The pain is not over.
The worst of this is the cost of housing buying or renting and the price of autos. We may have to downsize houses in the future. As for autos the more technology on a car the price goes up. I remember in the mid 80s a ford ranger or Chevy s 10 would be advertised brand new, power steering, power brakes, air conditioning, bench seat, automatic transmission, thats it ! Most were 2 wheel dr. Price if i remember 8,500 dollars.
Corporations are price gouging us.
Let's just print more money! /sarcasm
The wealthy *DO*. But the poor aren't permitted to do that. Ultimately, ya gotta be RICH in order to win, so... become rich! Just do it. Get coin, and all will be good. 🙂
Novastar. funny not
Is happening all over the world,you guys should see the prices in romania,and the payments from work is a disgrace,the minimum wage in romania is 400 dollars
everything is expensive 🤑
It’s just such a shame that to get some fresh air. You end up spending a lot of money.
The inflation is GLOBAL. not just the USA.
I don’t care what happen in GLOBAL. FJB
@@aloy8927 you do when prices go up. Ukraine is the bread basket for Europe and Africa. so if they dont get it from Ukraine then they bid up our food on the open market and farmers will sell to the highest bidder.
We are all SICK and Tired of being Sick and Tired things were Better under President Trump.... TRUMP 2024
the CPI number is irrelevant. it does not include things that we actually use and buy like housing insurance food, energy. I don't understand ignoring that and gaslighting like we can't understand we are being lied to.
Elect a clown - expect a circus…….🤡
Hi-ho, hi-ho - Grandpa Joe has GOT to go……..!!!!!!!
The trillions sent to ungrateful panhandling foreign could help Americans but to politicians Americans don't count my opinion
And some stores are giving less but charging more
Last one to leave turn off the light.
And having dogs doesn’t make things easier.
Who forced you 😂
I feel that! Love my three resdues but they are costly. Still cheaper than kids, i guess.
@@azureavocado5195love. Love did
You need to vote for Trump in 2024
Hell no...send him to prison
Yeah vote for someone that's bankrupt. I'm sure that'll fix the issue.
Practice just eating once a day. Free weight loss.
😆 I been consuming Ramen cup noodles at work for the past 6 months. Somehow I'm still alive lol.
And helping the environment, saving the earth by eating once a day. 😊
Rising population means rising demand
I blame Putin .
You all can thank the Biden administration
It's a joke, gotta love greed...
Money makes the world go around 😮😮 !
This is greed
And price gouging
It’s against the law
Groceries are up 100 percent, not 9 percent or whatever they are saying. A pound of light brown sugar used to cost .79 cents, then it was up to 1.79 about a year ago. I just paid 2.69 for a pound of the same light brown sugar. That's horrible! Bread has not stayed the same. It was 1.19, it is now 1.99. Prices are crazy.
You can't force 370 million people to pay taxes and bills if they're angry and hungry, just giving some free advice to the media here.
Grow some of your own veggies
I grow my stuff but most people say they are too lazy to do it.
🤣🤣😂😂 You think it’s bad now, in the not too distant future, $20:00 won’t buy a loaf of bread. It’s too late to wake up now sorry to say, these events historically happen in the final days of a collapsing society. Ya’ll should have spent more time reading history than following the lead of Professional Politicians.
Yep I knew 10 year’s ago this was going to happen I was not in a financial position to get my own home so I still live with my mum and have helped her pay off her mortgage. People in my generation need to look at staying at home longer or move back in and help with the bills. Then both can afford to save.
@@aliceB357 Not a thing wrong with staying at home as long as one helps carry the freight, times like this it’s the wise approach. God Bless You.
The three things that I’ve had price drops in the last couple of years are completely unnecessary things: hotel rooms, rental cars, etc.
Thanks to Biden!!!
Biden and Trump don't set prices of goods, but companies do.
Corporate profit from 2020 to 2023 has almost tripled to 1.5X in only three years, but from 2012 to 2019 it grew only by half of a percent. There is no longer a supply chain issue, yet they keep increasing prices.
Not everything is about politics. This is not inflation it's Greedflation
@@passerau oh wow!! I have to school in economics. When there is so much printing out of thin air, you know that create inflation. Why you want to defend an incompetent president.
This is the Biden’s economy plenty and simple!!!
Things are going great everybody in 🤡🌎
same in morocco
These incompetent politicians that are in power are so lame, same here in Mexico.
Inflation is everywhere and is not going anywhere, it will be worse,God help us.
How can higher rates reduce double-digit inflation for Auto Insurance and Tolls which are largely controlled by crony fiscal policy?
Pass the anti gouging bill
California, our gas prices are rising more which impacts the supply chains, food prices are over the top too.
I live in St. Petersburg fl my rent went up $400 this is crazy
Now we need to add more debt by traveling . But we are unable to buy bread, butter, eggs and milk.
For comparison...
AU$10 will get you loaf of sliced bread and a block of butter. 2019 you could cook a meal.
AU$500+ a fortnight groceries for 3 people
People are leaving Sydney as it is simply not affordable.
Rent has gone up over 200%
Fuel: AU$2-2.40/litre
Hotels etc everything has gone up...
McDonalds Au$35 for 3x sausage and egg mcmuffin meals
AU$13.50 large Big Mac meal
Australia: the most unaffordable country.
I’m very concerned about food prices They have to come doen
That’s why people rob stores like there’s no owners. So sad everything increase over 40% like rents,foods,house insurance, car insurance and everything else.
Rent control is needed.
ECONOMY IS HORRIBLE EVERYONES GONNA BE THROWING THINGS OFF BUILDINGS IN THE NEXT COUPLE MONTH LOL
Every thing is expensive
Govt said food didn't go up last 3 months ?
Dump Biden and vote for Trump as a first step
Everything is up by double in Australia. It’s insane!!
Meat in New Zealand is getting ridiculous. For 1kg your paying anything between 12.00 - 15.00, cheese 1kg loke 16.00, eggs up to 10.00, yh expense here to
Where are all the “brave men/women”to do some thing about this? 😂
Trying to avoid prison if they did do something
If the food was transported and farmed via EV prices would stay stable...
It's all possible via wind and solar.
The US dollar inflation is is the problem too much printing and other countries leaving the dollar to BRICS currency ect look upon BRICS..
I understand peoples pain of not being able to afford groceries. I have been their too. Its the rising cost of fuel the grocery store has to pay the driver delivering the food and insurance. They have got to pay the electric bill and employees and last but not least there profit I hope this puts things in perspective.
The four horsemen of the apocalypse are upon us
The shopping carts used to be so heavy with all that food, Why you guys complaining in here?
Inflation prices coming down doesn't make sense. Thats not how inflation works.
NO NEWS BULL 💩
Fun Fact: The President does not set the price of a gallon of milk or a gallon of gas. You people that continue to blame the President for your checking account balance crack me up. EDUCATE YOURSELVES on how a global economy works.
Fun Fact: Congress made the laws that influenced the inflation. Of course the administration is to blame. They also conduct deals with China where Covid 19 originated. Think!
Well, he's letting all these people in the country... I'm an immigrant myself but never got anything for free.
It's his fault. As soon as that corpse took office, everything went up.
@@MBT372 you know food is put on the open market and farmers will sell to the highest bidder. so people outside of the usa can buy all the corn if they have the cash.
Thanks Joe
They can print money at will. Why worry?
War of attrition
I need the mawney
I get my household from dollar tree and I shop at Walmart I eliminated alot of things I didn't need .
Cool
Let's go Brandon!
This is the side effect of printing endless amount of money and spending like a drunken sailor. Surely, this will end badly and the future generations will be left to deal with the aftermath.
The Bible talks about a time to come, where the price of a loaf of bread will be a day's wages. Used to seem like that was an exaggeration of sorts. Sure looks possible now. Prepping on at least a basic level makes sense.
Don’t expect president to be able to do anything
Biden sucks
Biden is toast!
❤ I understand inflation.
CORPORATIONS ARE PRICING US OUT. Rent? Too high. Millions became homeless. Food? 120.00 for 1 bag? Eating my canned and looking at the emergency food I have...