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US Sees Highest Ever Increase in Poverty
(consortiumnews.com)
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this post was submitted on 25 Sep 2023
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I'm making way more money than I ever have in my life and I can barely save anything lol
Dude. Same. I finally started making a 6 figure salary, and I feel just as broke as I did before. It sucks.
25% raise a year ago. The most I have ever made in my life. I used coinstar to buy groceries last week.
Nailed it. I’m doing better than I ever have, and I think I should dump more into my 401k! Nope. Groceries feel like they’ve almost doubled in cost. Fucking unbundling of so much , data, or travel costs an arm and a leg in additional fees. Simple repairs to my car or parts for a mower are crazy expensive. As soon as I feel like I’ve gotten ahead, they jack up the prices to eat up my gains.
Is the cost of living crisis that crazy?
I left the US in 2017 tired of a decade of stagnant wages.
Of course in 2018 the wages started spiking. But is all of it eaten by cost of living increases?
Yes. A congressional report found that nearly 50% of inflation went straight into corporate coffers. Record profits across the board. They turned the dial up until our wage gains were all gone.
I’m making more than I think anyone else has ever made in my family’s history before and I feel like I’m headed for collapse.
The wheels on the bus are about to come off, about to come off, about to come off. The wheels on the bus are about to come off all through the town.
the bus went over the cliff a while back. left and right are arguing if the wheels are going round and round and we've jumped right past the guard rails and are sailing into oblivion.
Welcome to adulthood.
I'm 31 my dude, been adulting for a while.
It's worse now
Same here , the other day I thought to myself "how the fuck did I get poor again??!!" Two years ago I was feeling pretty proud! I'm deep in the letter writing currently, one I'll give to my employer.