How does inflation affect my standard of living?American home prices are up 20% over the past year. Prices of food eaten outside the home were up more than 4% in June over the past year, and apparel prices rose nearly 5% over the same time period. That's not all. Virtually every aspect of American life is getting pricier -- a key measure of inflation just hit a 13-year high. Here's a look at three ways everyone is paying more.Buying a carRead MoreCar prices are through the roof.
Average gas prices are expected to rise to well over $3.25 by the end of the summer.AAA reported travel over July 4 weekend that surpassed even pre-pandemic records. High demand for gas and low supply resulting from a shortage of truck drivers and oil will continue to drive prices up.If you can get past the high price of a rental car and the cost of gas, you'll need to figure out a hotel, too. Over the last four weeks, the average daily rate for hotels has hit $130.90, up from $95.
It is but for te betterment of the nation growth now!!
Every action has a reaction and only constant in life is change … Biden controllers feel this is the right move for recovery , if your working and a valued push for more money thats why unions work and biden gets it . This is price we pay for no Trump and what America voted for
Gee, why is that?
Capitalism at its finest ….
“No escaping it” and I’m sure CNN has gone through some extremely asinine mental gymnastics to try and escape saying, essentially, “Inflation is on the rise under Biden.”
Pop 🥤
CHINA CHINA CHINA
This is what happens when corporations borrow from the FED at 0%, buy back stock instead of investing in the economt, The rich hoard cash, then all spend the cash at once buying real estate average Americans are defaulting on cheap. Now too much cash in economy causing inflation
Most of the population doesn’t care. They have their pot, porn, pop culture, facebook, entertainment and most media coverage to distract them. Surprising that NBC would showcase this and not another transgender athlete story for the 1000th time.
True that. Biden needs to focus on that. And the cost of gasoline!
Socialism at work 3
Well - more expensive, maybe, but better nonetheless- thank you potus and at kamalapotus for your leadership!
They had no choice but to finally admit it. Gas is insane
Chuck roast was $23.00 a pound today. 😵 Canned tuna was $2.99. On aside, canned cat food is still just 45cents. Can you guess what's in the Tuna Casserole that I'm taking to the Pot Luck picnic? 😂😂😂
It is horrible pain in my life, they let me signature paper to avoid their responsibility, not signature to lessen my pain and stress, I was suffered like in hell in 2015-2020, I was so regretted to not pay more money and take the medicine, I lost almost everything in these years
I went to private hospital in Taipei near church, because my but pain, Doctor said take medicine and pay in private and you will be good, I disagree and choose to use public health insurance with surgery to save money, because I lose my job, then Doctor tell me I pain.
Thanks Biden
Biden is doing such a horrendous job. He is taking the entire country into the crapper
The single item to cause that was the cancelation of the keystone pipeline it signaled to the futures market that US will in near future become importer of oil at mercy of Russia in OPEC +, now as economy recovers oil will rise higher from demand strangling future recovery
There no escaping it…but there’s lots of blame to go around. And very targets for CNN now that orange man is gone. 🤔🤔
Good thing you’ve pushed for higher min wage to inflate the cost of goods to cover the increase 👍🏻
That's what CAPITALISM will do for you. Make the shareholders happy boys!
Like the pandemic wasn't bad enuf, now rising prices on everything. Who wants us dead
Thank you Joe! It’s only been 7 months. Hold on everyone. And CNN is reporting it.
I wonder why it doesnt make any sense........ 6% unemployment will be the norm for the best 4 years also.
This was a huge scam! Biden said that he wouldn't raise taxes. Everyone was happy. Then the administration printed tons of money and now the prices are rising. This is a hidden tax!
J😴E: “Come on man! Who said anything inflation? No one said anything inflation, not a word. What I said was prices are only higher for people that cannot afford higher prices. That’s got nothing to do with inflation. And if you think there is inflation then you ain’t Black.”
HOT DOGS ARE DOWN SIXTEEN FUCKING CENTS
Thanks, joe
Thanks Biden.
No shit Sherlock
Thanks to Biden
'Merica.
Thanks Joe! Keep printing that money
These companies are raising prices to make up for the months during the pandemic when they did not make money. We get the trouble end of the stick!
Housing is out of control everywhere too
If the government start locking up the greedy bastard you'll see how quickly prices goes back to normal! But as far as the government is concerned these are my people!
Prices are on the rise to make up for a year full of lost revenue
Thank you Biden administration.
And Democrats increasing taxes, go figure
Gotta catch up with the cost of living in Europe and around the world. Isn't that what some people want?
I thought everybody was unemployed how are people buying stuff 🤔
Welcome to JoeBiden America 🤦🏻♂️
The service Economy. Don’t point a finger at the pandemic while you hide your Investments /portfolio that includes Companies that search for the smell of blood . Printing free money for market gamblers , drives down the buying power the dollar.
Sitting idle off the coast 😉
Thanks to POTUS and his gang of corrupt puppeteers
It’s the same all over the world.
TwoTypes OfIdeaThinkers, One,Keep Inflation Down So Your Paycheck Goes Farther From A Moderate Wage Earned Or Two,Raise Inflation Rate So Product Cost More,Gov Gets More Of Your Money From Higher Cost Items Taxes.Same Wage Less Food.Higher Wage Earned Less Employees.
Joe Biden And Kamala Harris Only Roll In The Big Money.Our Less Than Half A Million Dollar Salaries Doesn't Count In His Inflation Orbit.Lack Of Caring Shows It's Ugly Face When Your Last Shopping Trip Was Half Of What It Is Now After Joe Occupies The Saddle.
The Young Turks Cenk Uyger Can't Help Himself and Launches Another Weak Attack On Kyle Kulinsky
Corporate greed corporate greed corporate greed They decided Theo profits shouldn’t make a sacrifice like the rest of us have during covid
There's no escaping it the middle class is going bye bye and the rich are rejoicing. Keep you scared while they double their net worth dance peasants dance
All thanks to Joe Biden.
l’offerta rarefatta per alcuni produttori si intreccia con difficoltà nella logistica delle merci (il blocco del Canale di Suez di fine marzo ed oggi la variante Delta del Covid che blocca tre porti cinesi con migliaia di container che non possono partire),
i fattori stanno sostenendo la fiammata dei prezzi delle commodities, in primis la ripresa della produzione mondiale. In parallelo, le catene produttive globali non sono riuscite a riorganizzarsi dopo lo shock Covid-19 segue.....
Biden's expensive plan devalued the $
A lot of these low wage paying businesses are going to close!
thank you Uncle Joe & all those that voted for you! FoxNews TuckerCarlson Hannity
Thanks, Joe!
Al these companies are going to raise prices regardless of what they are selling or doing, they have a year of business to make up for. What scary is when the rent and mortgage payments come die, and people can’t pay them…when does that moratorium end?
Bidenflation
This is what happens when the Democrats think you should be able support a family off of minimum wage! Democrat Socialist want you dependent on the govt for everything so they can control you!Look what they've done to the African Americans, thru didn't even want to end slavery!
According to Pew Research Center, the socioeconomic status of Black ppl is stagnant, & hasn't improved since 1951. Latinos & Asians started coming in 60's. They've advanced. But neither party has had the economic well-being of Black ppl at ❤️ & prices r rising again in America
The big guy says 'you're welcome'
At least I saved 16 cents this July 4th.
The after effects of the Trump regime. Same thing happened after Bush.
This is cooperation’s, banks and usurers greed to destroy middle class. People please look at corporations annual income.
Biden’s America sucks!!!
Oh, those fucking Capitalists, got to make a profit on the backs of the poor. Shareholders demand it. Jesus continues to weep.
Every aspect except wages
I'm retired and live on a budget, being disabled I can't get a job and so I have to choose between going to a doctor and getting my meds or eating. It hits seniors an poor people first so when it hits all of those who think it's a supply problem and they start feeling it. Oh well
You think prices are high now? Just wait until Joe Biden and the Democrats spend 6 Trillion dollars. Inflation will go through the roof.
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