Inflation is your fault

[Anonymous]

I live in a very blue collar neighborhood and everyone has shiny new vehicles in the driveway and home improvement projects galore.

[Anonymous]

Anonymous wrote:I’m doing my part. I buy nothing unless I actually need it. Wages have not kept up for us. No increase for my husband and I’m in a field where most people will price shop and try to negotiate lower prices with me. Many of my peers are closing their businesses.

Our wages are not up either.

[Anonymous]

Anonymous wrote:

Anonymous wrote:There are two economies. The rich have gotten richer, thanks to the Federal Reserve inflating asset values for over a decade.

UMC and UC are spending from their generous portfolio and RE gains.

Everyone else is struggling to get by.

Except wages at the lower end are way up and it is a buyers market in terms of job searches, so many people have been able to upgrade their situations post-covid. So I wouldn't say "everyone else" - yes there are still a lot of people struggling. They were struggling before and are struggling now. The GOP expects them to pull themselves up by their bootstraps.

At least the dems are trying to help.

How is bringing in new, low paid workers helping to raise wages?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There are two economies. The rich have gotten richer, thanks to the Federal Reserve inflating asset values for over a decade.

UMC and UC are spending from their generous portfolio and RE gains.

Everyone else is struggling to get by.

Except wages at the lower end are way up and it is a buyers market in terms of job searches, so many people have been able to upgrade their situations post-covid. So I wouldn't say "everyone else" - yes there are still a lot of people struggling. They were struggling before and are struggling now. The GOP expects them to pull themselves up by their bootstraps.

At least the dems are trying to help.

How is bringing in new, low paid workers helping to raise wages?

Where are these workers?
Everywhere around me has help wanted signs and is understaffed.

[Anonymous]

Reckless government spending is the reason for inflation.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There are two economies. The rich have gotten richer, thanks to the Federal Reserve inflating asset values for over a decade.

UMC and UC are spending from their generous portfolio and RE gains.

Everyone else is struggling to get by.

Except wages at the lower end are way up and it is a buyers market in terms of job searches, so many people have been able to upgrade their situations post-covid. So I wouldn't say "everyone else" - yes there are still a lot of people struggling. They were struggling before and are struggling now. The GOP expects them to pull themselves up by their bootstraps.

At least the dems are trying to help.

How is bringing in new, low paid workers helping to raise wages?

Where are these workers?
Everywhere around me has help wanted signs and is understaffed.

NYC issued worker permits for illegal immigrants. Didn't work though, the immigrants prefer the free money.

[Anonymous]

Anonymous wrote:Reckless government spending is the reason for inflation.

Price gouging is the reason for inflation.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Reckless government spending is the reason for inflation.

Price gouging is the reason for inflation.

If there wasn’t gobs of money printed there wouldn’t be any to gouge. The government is in a spending spree and borrowing like a drunken sailor spewing money everywhere from illegal housing to Ukraine to Israel ..

[Anonymous]

Anonymous wrote:

Anonymous wrote:I’m doing my part. I buy nothing unless I actually need it. Wages have not kept up for us. No increase for my husband and I’m in a field where most people will price shop and try to negotiate lower prices with me. Many of my peers are closing their businesses.

Our wages are not up either.

Whose wages ARE up?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm puzzled by this too OP; we've cut back eating out to almost zero, are more careful with groceries, and while I'm still buying gifts I've really cut back on shopping as well overall.

Who are all these people complaining but spending money they don't have? They are why interest rates and prices keep going up! Companies have realized they can just price gouge people.

We really need a spending boycott. The gouging is sick.

You know what's worse than inflation? Stagflation. That's where prices go up and gdp goes down.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m doing my part. I buy nothing unless I actually need it. Wages have not kept up for us. No increase for my husband and I’m in a field where most people will price shop and try to negotiate lower prices with me. Many of my peers are closing their businesses.

Our wages are not up either.

Whose wages ARE up?

Umm, we just had what they were calling the great resignation. People were quitting jobs at historically high rates for better and higher paying jobs.

Almost everyone I know changed jobs at least once in the last 2 years. I got a 25% increase, and an even bigger increase in bonus. I have a few friends that changed jobs twice for increases. It was a historic time to make a job move for more $$ and a higher title, similar or even better than the late 90s .com boom.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There are two economies. The rich have gotten richer, thanks to the Federal Reserve inflating asset values for over a decade.

UMC and UC are spending from their generous portfolio and RE gains.

Everyone else is struggling to get by.

Except wages at the lower end are way up and it is a buyers market in terms of job searches, so many people have been able to upgrade their situations post-covid. So I wouldn't say "everyone else" - yes there are still a lot of people struggling. They were struggling before and are struggling now. The GOP expects them to pull themselves up by their bootstraps.

At least the dems are trying to help.

How is bringing in new, low paid workers helping to raise wages?

Where are these workers?
Everywhere around me has help wanted signs and is understaffed.

NYC issued worker permits for illegal immigrants. Didn't work though, the immigrants prefer the free money.

I don’t live in NYC. Most Americans don’t live in NYC. There aren’t a flood of immigrants in my community, but we could probably use some. We have lots of openings.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Reckless government spending is the reason for inflation.

Price gouging is the reason for inflation.

If you gouge, then demand for the product or service goes down. Explain that.

[Anonymous]

Prices go up 30% . Purchases go down 20%. Overall amount spent is up 4%.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m doing my part. I buy nothing unless I actually need it. Wages have not kept up for us. No increase for my husband and I’m in a field where most people will price shop and try to negotiate lower prices with me. Many of my peers are closing their businesses.

Our wages are not up either.

Whose wages ARE up?

I changed jobs twice in the past year. Now making 50% more than I made in December 2022. First job change was for 10% bump, lateral move. Second job change was a huge promotion into an executive position with a big salary increase.