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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[–] 14 points 1 year ago (1 child)

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 ?

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