The 260% Burden
By any honest measure, the average American has been dealt a brutal economic hand over the last five years. Prices have surged dramatically, cumulatively amounting to over 260% in monthly year-over-year inflation rates, while real wages have barely budged. In plain terms, American families are paying more for everything from groceries to rent, while their paychecks have remained stagnant. The result? A massive erosion of purchasing power and quality of life for millions, and still, our political leaders offer little more than finger-pointing and partisan posturing. We were told inflation was “transitory.” We were told help was coming. Instead, we’ve watched as the cost of essentials, food, gas, housing, and healthcare, has spiraled out of reach for the working and middle class. Yet the institutions charged with protecting economic stability, from the Federal Reserve to Congress, have responded with a mixture of delayed action, infighting, and blame games. Across the aisle, the politi...