Americans Struggle to Make Ends Meet as Inflation Takes Its Toll

The Unfrozen Cave � � HARRIS/Xiden Administration � Americans Struggle to Make Ends Meet as Inflation Takes Its Toll

#1 | Americans Struggle to Make Ends Meet as Inflation Takes Its Toll datum

Mon May 27, 2024 6:11 pm

Americans Struggle to Make Ends Meet as Inflation Takes Its Toll
Eating out less often, taking from 401(k)s, buying medication overseas, choosing cheaper products�Americans say they are feeling the pain of inflation.
https://www.theepochtimes.com/article/be...tered&utm_term=
By Emel Akan
| May 18, 2024
Updated: May 23, 2024

Monica Lomax, a 59-year-old resident of Elkridge, Maryland, has been feeling the pinch of rising costs.

She�s had to tighten her budget, especially for groceries and clothing. Now, her shopping trips are primarily for essentials, a necessary adjustment in her life to manage the financial squeeze.

�I was thinking about purchasing or downsizing into another home. But because the interest rates are still high, I�ve put that off,� she told The Epoch Times.

Many Americans like Ms. Lomax are putting off major life plans due to high inflation. Moving to a new home, buying new furniture, or booking a vacation now seem like distant dreams.

While some cling to the hope that things will eventually go back to normal, others fear that high inflation is here to stay.

Susan Garland, 47, from Elkridge, Maryland, believes inflation remains one of the top issues facing the country.

�We are definitely feeling it. We�re a two-person family. Our grocery bill is now over $100 a week,� she told The Epoch Times.

For more than 10 years, the Garlands� grocery bills used to be roughly $70 per week�before high inflation hit, she noted. She and her husband have had to cut back on spending on everything, from vacations to eating out.-- excerpt, rest at link above --

"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."

- J. R. R. Tolkien

reply

#2 | RE: Americans Struggle to Make Ends Meet as Inflation Takes Its Toll datum

Mon May 27, 2024 7:59 pm (Last edited: Mon May 27, 2024 8:00 pm)

yes it is trying.

Most on in this blog community are retired I suspect so we spend less than average Americans on things like education, food, clothing, transportation, housing, dependents and the like and mostly worry more about medical instead.

At least for me, as a bonus, we have improved interest rates for our retirement income.

�I predict future happiness for Americans if they can prevent the
government from wasting the labors of the people under the pretense of taking care of them.� . ~ Thomas Jefferson

reply

#3 | RE: Americans Struggle to Make Ends Meet as Inflation Takes Its Toll datum

Wed May 29, 2024 8:42 am

The wife and I have a side hustle that in the past gave us extra fun money. Money to eat out, travel, go to different entertainment events. But the money from that has fallen off over 50% from last year. People are not spending on nonessential goods like before. This year we have had to use the "Fun" money to cover everyday expenses. That money hasn't been enough to cover the increases in food, gas, car insurance and home owners ins. As a result we have had to take dispersements from our retirement accounts. The bad thing is, it counts as added income and we will be taxed on it.

Joe Biden can kiss my old wrinkled white ass.

The road to Easy Street goes through the sewer.
-Ed Norton

Tinker said Thank You!

reply

#4 | RE: Americans Struggle to Make Ends Meet as Inflation Takes Its Toll datum

Wed May 29, 2024 9:52 am

Quote: Wingnut wrote in post #3
The wife and I have a side hustle that in the past gave us extra fun money. Money to eat out, travel, go to different entertainment events. But the money from that has fallen off over 50% from last year. People are not spending on nonessential goods like before. This year we have had to use the "Fun" money to cover everyday expenses. That money hasn't been enough to cover the increases in food, gas, car insurance and home owners ins. As a result we have had to take dispersements from our retirement accounts. The bad thing is, it counts as added income and we will be taxed on it.

Joe Biden can kiss my old wrinkled white ass.

I don't think the Democrats and their media lemmings are going to be able to paper that over.

Resistance to tyrants is obedience to God!

reply

#5 | RE: Americans Struggle to Make Ends Meet as Inflation Takes Its Toll datum

Wed May 29, 2024 6:22 pm

Quote: Wingnut wrote in post #3
The wife and I have a side hustle that in the past gave us extra fun money. Money to eat out, travel, go to different entertainment events. But the money from that has fallen off over 50% from last year. People are not spending on nonessential goods like before. This year we have had to use the "Fun" money to cover everyday expenses. That money hasn't been enough to cover the increases in food, gas, car insurance and home owners ins. As a result we have had to take dispersements from our retirement accounts. The bad thing is, it counts as added income and we will be taxed on it.

Joe Biden can kiss my old wrinkled white ass.

From your description, perhaps the two of you are guides for the declining numbers of attendees at Disney World? @Wingnut

I can tell you for a fact that is not the case at Universal as I just got back from three days of standing in long lines with son and grandsons and it is packed.

Also found out my aged body can no longer take excessive walking(each day we counted over 20,000 steps) and fast roller coasters that turn you sideways and upside down. Digestion issues, you see.

My wallet is a bit thinner too

�I predict future happiness for Americans if they can prevent the
government from wasting the labors of the people under the pretense of taking care of them.� . ~ Thomas Jefferson

Sanguine said LOL!

reply

The Cost of Joe Biden � � WAYNE ROOT: My CIA Sources Say Biden Administration Knows Waves of �Red Dawn� Terror Attacks Will Be Carried Out in USA Any Day. Yet They Refuse to Warn the American People. Why?