Natalia Marques responds to a property developer's recent call for more "pain" in the U.S. economy by highlighting what happened after pandemic-era aid ended.
By Natalia Marques
Peoples Dispatch
Millionaire real estate company head Tim Gurner went viral (not for the first time) for his ba
I’m making way more money than I ever have in my life and I can barely save anything lol
Nailed it. I’m doing better than I ever have, and I think I should dump more into my 401k! Nope. Groceries feel like they’ve almost doubled in cost. Fucking unbundling of so much , data, or travel costs an arm and a leg in additional fees. Simple repairs to my car or parts for a mower are crazy expensive. As soon as I feel like I’ve gotten ahead, they jack up the prices to eat up my gains.
Is the cost of living crisis that crazy?
I left the US in 2017 tired of a decade of stagnant wages.
Of course in 2018 the wages started spiking. But is all of it eaten by cost of living increases?
Yes. A congressional report found that nearly 50% of inflation went straight into corporate coffers. Record profits across the board. They turned the dial up until our wage gains were all gone.
Dude. Same. I finally started making a 6 figure salary, and I feel just as broke as I did before. It sucks.
25% raise a year ago. The most I have ever made in my life. I used coinstar to buy groceries last week.
Switched jobs, got a 50% raise. Can’t afford food till second pay of next month. Going to wipe out my canned food collection.