Americans fight with rising cost of living | Morning in America

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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[alexsteven.m]

I predict a housing crash due to people buying homes over asking price, lacking equity if prices decline further. Foreclosure becomes likely if they can't afford the house, and selling won't yield profits. With anticipated layoffs and rising living costs, many individuals may face this situation.

[shellylofgren]

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..

[divlweb]

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.

[susangetz]

EVERYTHING IS EXPENSIVE, taxes, insurance, food, etc.
Our country is in trouble!😢

[BrokenWill]

My overall grocery bills are down. I made choices to make it happen. I buy sales, buy clearance, and refuse to buy overpriced items.

[passerau]

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

[quinnmcdonald]

Rising cost of living?
Maybe the industry doesn't want us living.

[dia]

Who the hell can afford to travel these days?

[hollowedentity]

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

[caridadrevilla]

Of course travel has dropped. Thers no demand. People don't have the cash for travel. That's a luxury .

[Fat]

Every time i go, the store food 😩 goes up ! 😮

[jaysonj]

Voting Democrat leads to pain and misery and misery sure as hell loves company.

[UncleDavesKitchen]

The inflation is GLOBAL. not just the USA.

[Tonyinthephilippines]

But the customer with the EBT card has a full cart next to me at the grocery store.

[mariahsmom]

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.

[agl]

I moved abroad five years ago. I'd love to live back in the states by family and friends but I couldn't afford even a studio apt on my social security. One pro for me is not having to listen to the politics, shootings, racism, inflation etc that plagued the news in the states. I hope it gets sorted out. People shouldn't have to work themselves to death.

[AstrixMusic]

Greed.... this is what it looks like.... period.

[rueman]

Costs will never come back down. They’ll just go up slower over time. You can thank your current administration for this.

[maxangeles]

Reduced hotel 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!!

[MusicLover-uism]

This is greed
And price gouging
It’s against the law