ST Alpha - "Affordability crisis. Insurance, healthcare, childcare, education, housing, etc are all squeezing people hard so inflation has an outsized impact on " (Reading a Post)

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In response to "That's really not true. It's a "vibe" thing. As pixie says, wages are outpacing inflation, but that doesn't stop people from reacting to higher " by pmb

Affordability crisis. Insurance, healthcare, childcare, education, housing, etc are all squeezing people hard so inflation has an outsized impact on

Posted by oblique (aka kkuphal) Oct 23 '24, 09:08

people's perceptions of their finances even if "the economy" is strong

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But again, for the most part wage increases are outpacing inflation (which includes all of these elements). People aren't seeing as much benefit from - pmb Oct 23, 09:23 2
- Prices went up under his administration because of his tariffs back then and we lost jobs as a result. - . Oct 23, 10:16 1
  - He's saying much higher tariffs and notwithstanding all economists saying it will blow up inflation, people just ignore the realities. -- nm - pmb Oct 23, 10:32

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