From Food to Mortgages, Being American Is Very Expensive

Discussion on the increasing expenses in the US since 2020, including grocery bills, utilities, and credit card debt interest. Exploring the relationship between inflation and grocery prices, highlighting the ongoing effects of increased prices and the misconception that inflation slowing down will lead to pre-pandemic price levels. The rising costs of rent and homeownership in the United States, including rising rent prices, skyrocketing home values, higher mortgage rates, and increasing utility bills. The reasons behind the increasing car insurance premiums and borrowing costs, including supply chain issues, labor shortage, higher interest rates, and the impact on Americans' financial situation. An analysis of the state of American savings in late 2023, including the impact of inflation and the inequality in savings distribution. The mixed opinions on Bidenomics and its impact on the economy, considering factors such as the historic recovery, job growth, low unemployment, wage growth, and inflation.