As I have REPEATEDLY posted, the Healthcare Act passed by the Dems is largely responsible for this. It is sucking up the disposable income via healthcare premiums.
It's not just that. EVERY month the cost of something that can't be avoided goes up....taxes, utilities, fees. It's obliterating disposable income.
True that.
However economic sickness is far worse than we’re lied to by US Gov’t / Dept Labor.
Consumers only spend when they have sufficient earnings for purchases.
Savers make 0% interest.
Broad REAL measurement (U3/6/labor participation rate) of US unemployment is actually 22%.
Real CPI inflation rate is: 8%. (Ex: grocery store package sizes shrink while mfgrs continually raise prices)
For more information on how the US gov’t has manipulated these crucial economic numbers read the following and see the charts.
Indeed it has.
Yes I think so do.
The premiums and also the skyrocketing cost of health care itself ... and drugs.
I had prescription I used to get for $10 go to $165.
You get enough of those hits and you’re not going out to eat but maybe once a year.