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Americans are right now at some of the best economic times, so that's surprising
There is a disconnect between the statistics and reality. I am not sure where, but I suspect inflation is not being calculated correctly. It may be that lower cost items rose at a higher rate, so even though it averages out, it's harder to reduce spending. 17% doesn't seem to match the numbers I've seen for take out and home prices for example.
At the end of the day, it doesn't matter what's on a chart it matters how many things people had to choose to not buy or do because they couldn't afford it.
Didn't they just adjust the whole inflation index again to not count a bunch of significant things? It's a joke.
Same with unemployment. It only counts "able individuals who are actively searching for a job". A lot of people aren't included in those numbers when they should be.
The inflation index is and has always been a metric for the rich.
The reason that most of the excluded things are not goods or services the wealthy use is so that those companies can profit more from the already economically burdened all while shaming those same burdened people by saying 'You can't be struggling, inflation has ONLY been 6%!
Sure for yachts and luxury cars the prices have barely changed but generic meat and fresh vegetables have literally doubled in price in 4 years while the high end offerings have gone up less than 20%.