Fed’s Economic Well-being US Household 2022: “fewer adults reported having money left over after paying their expenses. 54% of adults said that their budgets had been affected “a lot” by price increases.” “51% of adults reported that they reduced their savings in response to higher prices.” May 23, 2023 7:06 amMay 22, 2023 11:16 am
The minimum wage is $7.25 today. The average annual cost of public school tuition is $10,423. The median cost of houses sold is $437K, which is 4.9X the median household income. May 18, 2023 8:23 amMay 17, 2023 8:20 pm
Home prices are collapsing…US household wealth is evaporating…the Fed is increasing QT… Something is gonna break September 10, 2022 11:03 am
UK government freezes gas and electricity bills for the average household at £2,500 at year for the next 2 years September 8, 2022 1:35 pm
Global real household incomes are crashing… ‘We are in stagflation, short bonds, short equities. Simple.’ September 2, 2022 10:42 pmAugust 31, 2022 7:26 pm
Average annual UK household energy bill set to hit £6,600 in spring 2023… up +500% from last winter… for reference, the median full time salary in the UK is £31,000 per year before tax… August 27, 2022 9:15 pm
Gas prices in Germany for a household will increase (in this case) from 210€ a month to 1157€ per month. August 15, 2022 2:37 pm
New Hampshire Electric rates 112% increase, $70.00 per household Avg. 1 August 2022 July 26, 2022 8:46 am
BLOOMBERG: “Inflation will mean the average U.S. household has to spend an extra $5,200 this year ($433 per month) compared to last year…” Danielle DiMartino Booth: “Living on early withdrawal of social security wasn’t realistic before inflation took off. Now it’s impossible.” March 31, 2022 9:27 amMarch 30, 2022 10:17 am
Our much higher cost of living was helping the poor and solving global warming, until Putin ruined everything. March 12, 2022 6:37 pmMarch 11, 2022 2:56 pm
Thomas Massie with the truth bomb: “The federal government spent $58,000 per household on covid…. Where was all that money spent? What could your family have done with $58,000 ?” February 22, 2022 10:26 pm