6 Comments

As always, inflation is blamed on the working class, on people who do not have capital.

In the UK, at the moment, there is a vilification of the workers who are apparently asking for more, while companies record all-time-highs profits, such as it is the case with oil and gas and companies.

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Jul 6, 2022Liked by Claudia Sahm

I'm always dismayed by the callous cutting that happens to those least able to speak for themselves, or most in need of the support.

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What will you say to the elderly and the retired folks on fixed incomes that are experiencing 9% inflation and possibly even higher inflation on their rents and transportation cost?

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Jul 6, 2022Liked by Claudia Sahm

I'm one Bob, I say feed the children. Yes, inflation has been a shock, in particular for food, which children need critically. And if you actually read the article, you'd know those payments are a trivial amount.

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They on Social Security are the only group in the county who has a cost of living adjustment. I know that’s not enough for many but it’s far more than poor children get.

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If we’re discussing sharing, children would come first - according to the congressional research service, children had a poverty rate of 14.4% (and it’s gone up since then), compared to 8.9% among seniors, the lowest of any age group.

https://sgp.fas.org/crs/misc/R45791.pdf

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