Posted on 12/26/2023 10:02:48 AM PST by davikkm
This infuriating year, marred by relentless inflation, epitomizes the struggle of everyday Americans. Families, like Kyle Connolly’s, grapple with layoffs, escalating living costs, and diminished luxuries. The glaring disconnect between positive economic indicators and the grim reality faced by communities like Florida’s panhandle underscores the systemic issue. While the Federal Reserve boasts about curbing inflation, families bear the brunt, with the University of Michigan’s consumer sentiment index revealing a stark decline from pre-pandemic levels.
(Excerpt) Read more at citizenwatchreport.com ...
The only budget cuts are in the private sector.
Today reminds me of Jimmy Carter’s stagflation and the misery index.
I got laid off in October. “Budget cuts in anticipation of a recession in 2024” was what they told me.
L
I’m sorry to hear that. There’s a lot of that going on, from what I read.
Thanks. We will get by.
They cut a bunch of people the same week. The receptionist with 22 years of service got it the same day I did.
L
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