Inflation may have slowed last year, but it continued to deal heavy blows — some devastating — on Americans’ livelihoods: Nearly two-thirds of US households were worse off because of it, and roughly 1 in 6 adults couldn’t pay all their monthly bills, new Federal Reserve data shows.
Yeah, 2022 was a shit show. That’s when all the Covid inflation hit, that ate up the gains in wages at the top of the scale and then some. The fact that even with that having happened, wages at the bottom have been beating inflation by quite a bit, is a damn miracle. But yeah I’m a little surprised it went down by only 6% in 2022.
Health care is a good one yeah - the number of uninsured people has been dropping steadily the last few years, to where now it’s lower than it’s ever been. Enrollment in ACA-sponsored plans shot up when Biden started unfucking some of the things that the Republicans had done to try to kill it. Idk how health care spending looks, but there’s like 20 million people who have health care now who didn’t before, I know.
Yeah, 2022 was a shit show. That’s when all the Covid inflation hit, that ate up the gains in wages at the top of the scale and then some. The fact that even with that having happened, wages at the bottom have been beating inflation by quite a bit, is a damn miracle. But yeah I’m a little surprised it went down by only 6% in 2022.
Health care is a good one yeah - the number of uninsured people has been dropping steadily the last few years, to where now it’s lower than it’s ever been. Enrollment in ACA-sponsored plans shot up when Biden started unfucking some of the things that the Republicans had done to try to kill it. Idk how health care spending looks, but there’s like 20 million people who have health care now who didn’t before, I know.