Comment on Inflation is slowing, but the Fed now faces a tough choice on when to cut rates

verdantbanana@lemmy.world ⁨4⁩ ⁨months⁩ ago

a lot of the jobs no one can afford to work

the monthly cost of just housing and food alone is instantly more than what employers are paying out

$7.25 an hour is still the federal minimum wage despite the fact that people voted for Biden

starting pay since the pandemic has dropped as well to $13 an hour or lower at most places

eventually no one will be able to afford to work grocery, restaurant, oil change places, or any vital one of the vital service industries

already the reality in most of the US

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