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To: AFB-XYZ

That’s a good question. But if you worked anywhere over the last 4 years, your wages have gone up, at least somewhat, due to inflation. Problem is, those on a fixed income have not gotten much of a raise. So food prices have run away from them.

I mean, you can’t just order wages in the food industry be cut - that won’t work. The inflation, government-spending induced, raised everything, but to have too drastic a drop would be deflation and that is basically a crashing economy.

Biden and the Rats did the unthinkable with government spending. The inflation reduction act was the complete opposite of what its name implied. I don’t think that genie can be put back in the bottle easily.

Reduced energy costs, and perhaps reduced government intrusions (regulations) will help, but I don’t see things going back to 2020. What the left did to our economy, and they do it all the time, was an attack. A financial attack.


2,964 posted on 01/15/2025 7:56:41 PM PST by meyer ("When, in the course of human events,....")
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To: meyer

Eliminating the income tax and replacing it with tariffs is the best thing Trump can do for deflation or inflation.


3,001 posted on 01/15/2025 11:49:38 PM PST by Farcesensitive (K is coming)
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To: meyer; AFB-XYZ

“So food prices have run away from them”

I think that what might help the folks struggling with food and energy costs will be the reduction in taxes.
Paying less taxes will help fill the grocery cart.


3,044 posted on 01/16/2025 8:18:00 AM PST by RS_Rider (I hate Illinois Nazis)
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To: meyer
But if you worked anywhere over the last 4 years, your wages have gone up, at least somewhat, due to inflation.

Forget food for a minute. How do my wages go up because of inflation?
My current salary is constant.
It seems if inflation runs @ 2% a month and I just received a 10% raise for last years effort,(putting me in a higher tax bracket)
my current year salary is already behind and I am already behind on the following year.
3,120 posted on 01/16/2025 12:35:26 PM PST by stylin19a ("If You Can Read This, Thank a Teacher. If You Can Read It In English, Thank a Veteran" )
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