2025-11-23 16:55:09
Economy
Inflation

How Are Rising Costs Transforming Daily Life for Americans?

The affordability crisis has become a pressing concern for millions of Americans, impacting their everyday lives and financial stability. Individuals like Cat Hill, a New Yorker, illustrate the struggles faced as grocery prices and living costs continue to rise.

Despite promises from political leaders to lower expenses, many find their purchasing power diminished. Economists highlight the frustration stemming from stagnant wages and escalating prices, with some advocating for practical solutions such as job changes or reducing discretionary spending.

Furthermore, the government is urged to consider policy adjustments to alleviate financial burdens. The recent electoral outcomes reflect a growing public demand for effective measures addressing these economic challenges, as many Americans seek relief from the strain on their budgets.

New York Times - Politics
23. November 2025 um 10:01

Fact-Checking Trump’s Latest Claims on Affordability

President Trump claimed prices and costs are coming down, but data shows overall prices have increased by 3% since September last year. A fact-check revealed inaccuracies in his statements, including a claim that Walmart's Thanksgiving meal costs were reduced by 25%. White House spokesman Kush Desai defended the president's economic policies, saying he is 'just getting started' and Americans can expect more prosperity to come.
The Guardian
23. November 2025 um 13:00

Americans are feeling the pain of the affordability crisis: ‘There’s not any wiggle room’

This article discusses Americans feeling pain from affordability crisis. Cat Hill, a 43-year-old from Hornby, New York, is among millions struggling with high grocery prices and business costs under Donald Trump's administration. The US president promised to bring down prices 'starting on day one' but changed course after winning the election, remarking that 'our groceries are way down.' Republicans were blindsided by this month's elections when Democrats swept the board from New York to Virgi..
salisburypost
23. November 2025 um 05:00

You decide: How can you cope with the affordability crisis?

The 'affordability crisis' affects 52% of households, with many struggling to afford essential living costs due to stagnant wages and rising prices. To cope, experts recommend increasing earnings by taking a better-paying job or adding hours, reducing spending by cutting back on non-essentials like dining out and streaming services, and smart shopping by comparing prices and finding substitutes. The federal government can also help by adjusting interest rates and encouraging more supply to mod..
CW

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