Sunday, December 15, 2024

Tag: 532/yr

Checkbook Economics, Household Expenses Rise $961 Per Month, $11,532/yr, While Incomes Remain Flat

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    from The Conservative Treehouse:

    With most financial media being intentionally obtuse with the Biden economic impact upon Main Street, it is refreshing to see analysis that cuts to the heart of the matter.  HatTip to ZeroHedge who provides a link to a great article outlining reality for blue and white-collar working families.

    The folks at NerdWallet have taken the inflation date from the Bureau of Labor and Statistics (BLS) and applied the math to real life.  The result is a good encapsulation of checkbook economics and how the Biden economy is painful for the working class.