Food, rent, gas, insurance, repairs, clothes, school supplies, etc., etc. Everything’s gone up except income (for most people).
A man leaving the grocery store today complained about the high cost for the few food items he purchased. Felt so sorry for him. He was obviously a worker, driving a company truck with gas cylinders. Looked tired. Guess he had to go home then and cook his supper after a long day at work.
Cost of living is too high. I wish people were not under quite as much stress as they are now. Progress has not been progress in many ways.
Many wages, like public union contracts, Social Security and other government contracts, are pegged to the rate of inflation. The lower it is calculated, the less the government has to pay out.
The reality is that if they were to add all those mostly expenses of the consumer back into the formula, inflation would be much higher.
Funny how the government deceives us right before our eyes.