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Wages Versus Inflation
The government says inflation is 10%. The government are liars. Have you noticed the cost of goods at the local grocery store. A 12 pack of soda cost $3.99 just a year ago. Cost of a 12 pack of soda is now over $10.00. That’s a 300% increase in price. I remember buying a two liter plastic bottle of RC for 0.99 cents. Now any two litter soda is $3.50 to $4.00. I can go on and on. A fully decked out brand new pick up truck or SUV can cost $100,000. With skyrocketing inflation numbers, Mortgage rates surpassing 8%, wages remain the same. I remember not to long ago a $100,000 annual salary was considered high income and wealthy. $100,000 with the inflation rates today is lower middle class. If you work for the government, you will get raises because the government print dollars through their printing press. There needs to be a change and people need to wake up and stop being in a state of denial
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8 Replies
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This is so true. Our gas prices in WA are almost $5.00. I was going to buy fruit gushers for the kids $10.00. It feels like it literally happened over night! It’s kind of scary that the people running our country can’t do simple math😉 either that or they believe that we can’t!
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This is no longer funny. This is nationwide and people on social security are getting crushed. Another means of depopulating the world by Biden, Gates, Fauci, Soros, the Rothchilds, Kamala Harris, Obama, and the globalists.
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It is honestly sad and very scary times we are living in. I don’t know how people on social security especially can get by right now…
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Just went grocery shopping today
$489.00 check out. Unbelievable. Pretty soon consumers will not be able to afford groceries. 12 pack of soda $9.99.
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I know I have four kids at home. And we’ve honestly had to cut back on groceries. We were spending over $2,000 a month we used to dish’s $750 not to long ago. It really hurt us the inflation because we’re self employed our wages didn’t increase at all, so we had to cut certain things. Sad
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Amanda, this so called inflation is out of control. You don’t need to be an economist to figure out the Fake President Joe Biden Administration is manipulating the market. The Dumbocrats want to destroy the market. The Feds are printing money like crazy and are out of control. The Feds need to be eliminated and we need a new currency system backed by precious metal.
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The good guys always win, Amanda. The Globalist want to destroy the economy and depopulate human beings. Ww will prevail. Things will stabilize and God is on our side. Let’s stay together and not compromise with Satan. Positive energy and never forget great people and leaders exists. I am a firm believer and living the experience.
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Wages pitted against inflation and making sense of the matter at hand.
The link between wages and inflation is an important subject that concerns every individual’s economic status. Let’s assess the present case and determine its meaning in a broader context.
Current scenario regarding inflation
Reports on Inflation: The reports submitted by the government could indicate an inflation rate of ten percent. However, many consumers believe the prices have gone much higher. A case in point is the inflation of basic amenities such as groceries.
Grocery Prices: People who frequent grocery stores have remarked on the noticeable price changes over the years.
Soda, which used to be available for $3.99 a dozen, is now sold for over 10 dollars, a steep price rise.
Also, two-liter Coke bottle prices have steadily increased from about 0.99 cents to three to even four dollars.
Wages versus Inflation
Stagnant Wages: Many workers still see the same amount on their paychecks due to rising costs and inflation. In today’s day and age, a hundred thousand a year salary would be considered lower middle class at best.
Housing and Vehicle Prices: The purchasing costs of big items like houses and cars have increased significantly. It is now common to see trucks and SUVs priced north of a hundred grand.
The Economic Disparity
Purchasing Power—Because of inflation, we can only buy fewer goods and/or services regardless of how much our salary remains constant. This variance signifies many ominous signs for many households as far as their financial security in the future is concerned.
Government Employment – They might get raises appropriately as the inflation rate does due to government budgetary allowances. Hence, such a situation creates a rift between public and private workers.
The Call for Awareness and Change
Public Awareness: People who buy things must begin appreciating the ongoing economic changes. Knowing the effects of inflation on economic activity, for example, on spending, would assist people in making accurate economic decisions.
Advocacy for Change—Most people think structural reforms are needed to eradicate the wage freeze and rising cost of living. Policy discourse around the economy, pay, and government spending practices is relevant.
The headlines are unique and, simultaneously, the harshest truth: Rising inflation and freezing economies are rising. Staying updated and participating in the required changes will enable a person to work around the rules of this new world order. It is important to stop pretending inflation doesn’t affect financial conditions in the real world to create an economically fair world for all.