No matter where you live in the U.S., you’ve probably heard stories — or have your own — about not being able to afford to live. The couple in their 30s that can’t buy a home. The 20-something who can’t afford rent without living with several roommates. The family of five who feel pinched every time they visit the grocery store. The retiree struggling to pay their health insurance premium.
Whatever the situation, these stories are becoming central to how Americans are experiencing the economy.
And this feeling is shaping politics.A CBS poll from October suggests inflation and the economy are now the top concern among Americans. According to the Urban Institute,
52 percent of U.S. families don’t have the resources to cover what it costs to live. The average monthly cost of groceries
has also risen 32 percent since 2019.What do when we mean when we say something is “affordable?” And how do we achieve that goal when the target keeps moving?
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