A Boring Dystopia

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High inflation made finances worse for 65% of Americans last year (www.cnn.com)

submitted 1 year ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[–] goferking0@lemmy.sdf.org 9 points 1 year ago

Incomes grew healthily in 2023, but so did spending, the Fed report showed. Monthly budgets remained tight and more than half of adults didn’t have money left over after paying their expenses.

This was especially true for lower-income adults, who reported higher instances of not having enough to eat, not being able to cover bills in full and skipping medical care.

Good thing this country cares about its citizens :/