dewdrops
@dewdrops36.bsky.social
Reposted by dewdrops
I decided to write an entire article on this topic. I think we are missing the bubble not talking about just being able to afford life. Even the number of Americans not taking summer vacations have increased because daily life is too expensive. open.substack.com/pub/fpwellma...
It's not the cost of eggs...or beef
Average wage earning Americans are falling further behind and focusing on the cost of a single item as a political talking point is short sighted and misses the point
open.substack.com
July 22, 2025 at 7:07 PM
I decided to write an entire article on this topic. I think we are missing the bubble not talking about just being able to afford life. Even the number of Americans not taking summer vacations have increased because daily life is too expensive. open.substack.com/pub/fpwellma...
Reposted by dewdrops
With wages failing to keep pace, researchers find that consumers’ real spending power decreased by 4%, on average. The rich are getting richer and wage earning average Americans can’t even go to the movies and dinner. Explain the big picture! www.cnbc.com/2025/06/13/m...
Americans are losing spending power, say researchers: Most can no longer afford a 'minimal quality of life'
The Ludwig Institute's Minimal Quality of Life Index found that, in 2023, only 40% of Americans earned enough money to get by in relative comfort.
www.cnbc.com
July 22, 2025 at 2:01 AM
With wages failing to keep pace, researchers find that consumers’ real spending power decreased by 4%, on average. The rich are getting richer and wage earning average Americans can’t even go to the movies and dinner. Explain the big picture! www.cnbc.com/2025/06/13/m...