cost of living

Under Biden, U.S. economic growth becomes the ‘envy of the world’

As an individual trying to navigate the complexities of the economy, it can be overwhelming to hear conflicting narratives about the state of the U.S. economic growth under President Biden. On one hand, there are reports and articles touting the success and prosperity of the current economy, painting a picture of unparalleled growth and stability that should make Americans proud. However, on the other hand, there are the stark realities faced by everyday people, struggling to make ends meet, dealing with rising costs of living, and feeling disconnected from the so-called economic boom.

It’s undeniable that the U.S. economy, under Biden’s leadership, has shown significant progress and resilience, especially in comparison to other countries grappling with the aftermath of the pandemic.… Continue reading

Jobs report blows past expectations, displaying resilient strength of US economy

The latest jobs report has left many perplexed and amazed at the same time. With hiring surpassing all expectations, it paints a picture of a resilient US economy, showcasing its strength and vigor. Yet, amidst this positive news, a lingering sense of complexity arises as the Federal Reserve contemplates its decision on a potential interest rate cut. It’s a strange juxtaposition, isn’t it? Just when we thought any rate cuts were a distant thought, the economy surprises us with a surge in job numbers and a promising outlook.

One cannot ignore the dichotomy of economic indicators that reflect the well-being of those who are thriving, while leaving behind those who are struggling.… Continue reading

France to offer all 18 to 25-year-olds free fertility checks to combat falling birth rates

As a young adult in today’s world, the idea of free fertility checks for 18 to 25-year-olds to combat falling birth rates in France seems somewhat misplaced. It’s an interesting approach by President Macron to address infertility concerns, but is that really the main issue at hand when it comes to declining birth rates? Looking at the bigger picture, it’s evident that there are more pressing factors influencing people’s decisions about starting a family.

One of the most significant contributors to declining birth rates is the rising cost of living, which includes expenses like childcare and housing. As a young person myself, I can attest to the challenges of making ends meet in a world where housing prices are skyrocketing, but wages remain stagnant.… Continue reading

California’s population grew in 2023, halting 3 years of decline

California’s population grew in 2023, halting 3 years of decline. This news might come as a surprise to many, especially considering the ongoing narratives about people fleeing the state in droves. But the data tells a different story. While more people did leave California in 2023 than moved here from other states, the numbers were significantly lower than in previous years. It seems that the exodus that some have been touting may not be as significant as they claim.

One of the factors that contributed to the population growth in California was the rebound in legal international immigration. For decades, this has been the state’s growth engine, and in 2023, there was a net gain of 114,200 people from international immigration.… Continue reading

US fertility rate dropped to lowest in a century as births dipped in 2023

The US fertility rate has dropped to the lowest level in a century, with births dipping in 2023. As someone living in this era of high costs and scarce resources, it’s not surprising to see these trends. Everything from groceries to housing to insurance has become exorbitantly expensive, making it nearly impossible for many to afford to start a family. Daycares are not only hard to find, but when you do find one, they come with a hefty price tag. How can anyone afford to have children when the basic necessities of life are already beyond reach?

The idea of starting a family becomes even more daunting when faced with the lack of maternity leave, inadequate healthcare, and the rising cost of living.… Continue reading

Swiss vote: ‘yes’ to higher pensions, ‘no’ to retiring later

I have always found the concept of pensions and retirement to be a fascinating topic. The recent Swiss vote, where they said ‘yes’ to higher pensions and ‘no’ to retiring later, has sparked a lot of debates and discussions. It is interesting to see how the Swiss voters have chosen to prioritize the well-being of pensioners over the idea of gradually raising the retirement age.

The initiative to provide an additional monthly pension payment to help pensioners struggling with the rising cost of living is commendable. It is heartening to see that the Swiss Trade Union Federation and left-of-centre parties have come together to support this cause.… Continue reading

Americans are spending the biggest share of their income on food in 3 decades

Americans are spending the biggest share of their income on food in three decades, and it’s a concerning trend that’s affecting households across the nation. The cost of living continues to rise, and food prices are no exception. It’s not just about the price of raw ingredients; convenience and choice also play a significant role in the increasing expenses at the grocery store.

The rise in food prices is hitting families hard, with some struggling to keep up with the rising costs. Decent, healthy food is becoming increasingly expensive, while the cheaper options often lack nutritional value. The quality of fresh produce has declined over the years, leaving consumers craving the taste of truly fresh and flavorful ingredients.… Continue reading

Suspicions …

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Dan Price @DanPrice Seattle Suspicious how everyone blames the rising cost of a burrito on workers getting a $1 raise but not the fact that CEO pay has gone up 1,322% in the last 43 years. Last year Chipotle gave its CEO a $24 million raise and paid him 2,898x more than their median employee. 3:25 PM · 2022-01-25 · Twitter Web App