Why You Are Feeling So Much Poorer, by Jeffrey A. Tucker

Inflation is a thief and you’re feeling poorer because you are poorer – inflation is robbing you. From Jeffrey A. Tucker at The Epoch Times via zerohedge.com:

We are living through the largest pillaging of the American middle class in a half-century. It’s not in the headlines. This is extremely strange. In fact, this might be the first and only article you have read about it. This could be for a reason. If people knew what was happening to them, they would begin to feel very restless, even furious. Some people among the ruling class do not want that.

The Biden administration trumpets its economic achievements. It’s mind-boggling. Call it trolling. Call it gaslighting. Call it whatever you want but you know it is untrue.

(SERSOLL/Shutterstock)

Let’s look at the facts.

What do you spend money on month-to-month? It’s rent or your mortgage, food at home or out, utilities, and gas. Those are the basic categories. The Consumer Price Index includes far more than that, some items you do not purchase and some that are going up far less than others. So let’s look at government numbers on what you actually purchase; that is, the items and services that you consume that dominate part of your income. And let’s stretch that back three years.

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One response to “Why You Are Feeling So Much Poorer, by Jeffrey A. Tucker

  1. Some things are on sale at the Pik-N-Pay but still not back to Trumpian 2020 level pricing.
    There is a line at the dumpsters for NIB sealed items that get tossed out behind the Megaplex, it is public domain and poleeces just roll right past.
    Gas is right around $4 and diesel about $5 per gallon, both more by the interstate.
    At least a certain crime slime family gets to live large with ten percent for the Beijing Guy and we’re all in this together, comrade.
    We finally achieved the precious indispensable equality as everyone suffers under Brandonomics.
    And the tweets aren’t mean at, Censorship Executive Officer, Leenda Yacca from enemedia, she cleans up our thought clouds with condoms.
    At last everything is done for you, how convenient!
    (s/)

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