Inflation is cooling, but most Americans say they haven't noticed
Inflation is cooling, but most Americans say they haven't noticed
www.cbsnews.com Inflation is cooling, but most Americans say they haven't noticed
About 60% of American workers say their income has lagged inflation over the past 12 months, survey shows.
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We haven't noticed because prices are still high. Cooling inflation, is just a decrease in the rate of rise. That's not something most people are going to intuit. Especially when most people would interpret that phrase to mean a return to pre-inflation prices.
5Wake me up when my pay has caught up to the last few decades of inflation.
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Thanks corporate greed!
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