Higher prices have proved to be
one shock too many for the #poor, while
the #affluent grumble and go about their lives.
The end of pandemic-era benefits, including the expanded child tax credit, which expired in 2021, pushed an estimated 3 million children in the United States back into the poverty they had only recently escaped.
Median household income, adjusted for inflation, fell in 2022 for the third consecutive year, according to the Census Bureau.
“We talk about being more divided than ever. I don’t know if it’s a Republican or a Democrat divide.
It’s a class divide.
People are #desperate or they’re #inconvenienced.
You’re one or the other,” said Chris Groner, 51, the Erie PA director of development finance.
https://www.washingtonpost.com/business/2024/08/17/erie-politics-inflation-left-behind/