Loading ...But we need PEOPLE to be doing great again.
I agree with you and the standard of living is falling. I blame this on the gov’t takeover of healthcare and extreme taxation.
The inflation numbers of course are a fraud. They never account for the increase in healthcare, and while gasoline, food and clothing have stayed steady, cost of housing has risen.
The Fed thinks they can counter this by elevating the SM. Maybe for some but not for all.
I do think wage inflation is coming but I don’t think it will be enough to cover the real inflation that we’re going to see when commodities finally bust loose