cross-posted from: https://ibbit.at/post/107526

Democrats on the congressional Joint Economic Committee released a report Thursday detailing how much more the average American family in every US state is having to spend monthly to cover the rising costs of food, shelter, energy, and other necessities under the leadership of President Donald Trump. The panel released its report on the same day the Trump administration was supposed to…

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  • worhui@lemmy.world
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    9 minutes ago

    That’s a lot of money.

    I mean that’s about 12k pre tax to afford the 8.4k increase in costs. 18% of the median income in just increases, not total costs!

    How are most people able to swing that if the median income is 66k ?

  • Gammelfisch@lemmy.world
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    23 minutes ago

    Invading Venezuela, giving cash to Argentina and golfing are the top priorities. I hope the Red Oblasts get hit the hardest.

  • tym@lemmy.world
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    3 hours ago

    let’s play a game: which will come first? civil unrest, 2% interest rates or midterm elections?

    we’re not the only ones playing that game.

  • n7gifmdn@lemmy.ca
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    5 hours ago

    I’m surprised how big the difference between states, $269 in OK to $1,030 in UT

    • Xella@lemmy.world
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      5 hours ago

      I’m in UT and I felt like I’ve just been fucking up my finances… I didn’t realize it’s an actual thing happening to me.

      • n7gifmdn@lemmy.ca
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        3 hours ago

        oh, you are probably fucking up your finances too, but capitalism is f’n it up more than you are ;-)

  • Lemminary@lemmy.world
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    10 hours ago

    I wonder what my distant uncle who said Trump made him richer would think about this. I think he was referring to the three tiny stimulus checks he got during the pandemic. Oh well, he voted for this.

  • shawn1122@sh.itjust.works
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    1 day ago

    Deploying the same methodology that Republicans used to track cost increases under former President Joe Biden, JEC Democrats found that the average US family is spending roughly $700 more per month on basic items since Trump took office in January, pledging to bring prices “way down.”

    Smart to use their methodology. That way they can’t call it flawed. Well they can but they’ll sound stupid

    • n7gifmdn@lemmy.ca
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      5 hours ago

      na, Democrats always lie, even they use the same methodology, if a Democrat said it is automatically a lie /s

  • CharlesDarwin@lemmy.world
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    22 hours ago

    Yah, but Biden had the worst economy ever, and Pedonald is just trying to dig out from all the terribleness.

    🙄

  • mrgoosmoos@lemmy.ca
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    22 hours ago

    sure but they’re paying it to the big corps who need profits, so like, it’s all good, right?