A Boring Dystopia

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Inflation is cooling, yet many Americans say they're living paycheck to paycheck (www.cbsnews.com)

submitted 6 months ago by return2ozma to c/aboringdystopia

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cross-posted from: https://lemmy.world/post/17601144

Even as inflation continues to cool into the second half of 2024, many Americans say they're still struggling to make ends meet.

Roughly one-third of U.S. workers say they're living paycheck to paycheck and have nearly no money for savings after paying their monthly bills, according to a survey from personal finance website Bankrate.

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[–] [email protected] 38 points 6 months ago (2 children)

Ya. Cuz food and rent are still being usuriously price gouged, new jobs don’t pay well and you will probably be laid off in six months, and raises have been for shit if you even got any, so if banks can lend money at slightly better rates, it’s not really helping regular people in any appreciable way. The word “inflation” is rapidly losing any meaning.

[–] Yewb 10 points 6 months ago

They literally changed the calculations multiple times to soften the blow excluding many high inflation sectors.

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