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Home World News

Inflation shock hits Americans hard

ABC News by ABC News
July 21, 2022
in World News
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Inflation shock hits Americans hard
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Many families have been forced to cut back on everything, including summer vacations.

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Comments 29

  1. Don Summers says:
    3 years ago

    Hold on America president Biden is working on it 🇺🇸

  2. HilarityBribo says:
    3 years ago

    Obidenflation

  3. Jacob says:
    3 years ago

    Bro a bag of hot Cheetos cost 2.50 now. Use to be a 1.25

  4. Godfrey Percy says:
    3 years ago

    Many people are making profits weekly and many are withdrawing their profits daily, weekly and even monthly. What are you waiting for? Contact  Mr Williams  today to give you free masterclass strategy also help you recover your lost funds with the help of her experience and technology, contact him on my channel to become a successful investor,,

  5. Edwin Rodriguez Jr says:
    3 years ago

    Where's the stimulus check what happened to America first

  6. Funcentric says:
    3 years ago

    Let's not mistake the greed for inflation. Companies are just raising their prices to make up for the amounts they "lost" during the height of the pandemic. In no way is any of this natural inflation. Media is just hoping everyone falls for it thinking it's anything other than greed.

  7. Alex Rios says:
    3 years ago

    Small solutions:
    Dump the gas guzzling V8 , cook at home, buy second hand stuff, eat left overs for dinner.
    CHEER UP
    LIFE IS ABOUT UPS AND DOWNS !!

  8. Phuong Le says:
    3 years ago

    I used to get most my item for under $100 sometimes under $120 now it’s $150-$180 for the same thing. Terrible.

  9. Stranded Deep says:
    3 years ago

    Yep that wallstreet bailout of 2020 sure caused inflation to skyrocket didnt it. Oh I know you would have us believe the stimulus did but the 4.6 trillion to wallstreet and greedy rich corporations are the bill of inflation get over it!

  10. S Q says:
    3 years ago

    Many employers have not increased salaries. The funny thing is, employers rates to their customers have increased to reflect inflation…

  11. Kevin is Nice says:
    3 years ago

    Dems will be voted out

  12. Kevin is Nice says:
    3 years ago

    Dumb Biden voters

  13. paula pancake says:
    3 years ago

    Thank biden. Demoncrats are loving it

  14. Loren Shorty says:
    3 years ago

    F joe biden never thought ill say this ill vote for the trader D. TRUMP

  15. Jaim Diojtar says:
    3 years ago

    9% not taht much here in argentina we have 90% and food over 120%

  16. Mr. Smith says:
    3 years ago

    Inflation is fabricated by greedy corporate america. With the threat of being taxed, higher wages, payed time off, corporate america saw the light toilet paper hoarding.
    Corporations attempt to cut out the middle men, or "scalpers", the corporations are artificially raising prices. But, aforementioned "scalpers" are still at work.
    There you go. That is the artifitial inflation driven by corporate, wallstreet, an exorbinant amount of insider trading, makes artificial inflation.
    Now pay me for your lesson.

  17. David Bedwell says:
    3 years ago

    but inflation is only 9.1% smh

  18. Tun. says:
    3 years ago

    Oh no. Not the summer vacation 😮‍💨 what would we ever do without it..

  19. Steve Vail says:
    3 years ago

    Citizens,who has caused this inflation,??
    Biden!!! Not any one else..under President Trump we had very little inflation.. remember??? You can spend like a drunken salior and expect inflation to go thru the roof…they sit up in the Whitehouse and act as they are innocent! They are the cause of this and they like it and want more for us!!!!!

  20. Lord Kefka says:
    3 years ago

    You can all thank Brandon and that cackling witch for all this!!

  21. Peggy Jimenez says:
    3 years ago

    And China is only 3 percent. We are paying over 9.1 percent. Biden is ruining America every day he is in office. Not doing anything about inflation at all. Open Keystone now and close are Damm borders now .

  22. Jake Arsenta says:
    3 years ago

    Stop complaining guys. We have it way worse in Canada.

  23. Brazzers Premium says:
    3 years ago

    Don’t forget college debt. If you are in college with debt, hope and pray you get forgiveness

  24. Corey Andrew says:
    3 years ago

    In the current case, a significant portion of the inflation is caused by supply chain disruptions. To reduce current inflation the government should be using tax incentives to compensate consumers for delaying their purchase of homes and other high priced items until next year and the following years, when the supply chains should be more stable, and our productive capacity will be restored. This would allow people to save more money, while demand is reduced, instead of the Fed taking away their money to reduce demand.

  25. Beautiful Dream says:
    3 years ago

    Everyone seems happy with everything, no strike and no citizens demands

  26. Jonathan 1992 says:
    3 years ago

    When I was a kid I was like "hell yea, I'm going to live the American dream"…..welp… that's a ducking joke. The older you get. The shittier you see how america is truly is. My neighbor just recently lost her husband and she dreads living in that house but she told me if she sells it. She's going to be paying more money. No wonder boomers aren't selling their homes and millennial are fk'd because nobody wants to sell their home. WELCOME TO MASSACHUSETTS!!!!!

  27. មាស​ហេង​ says:
    3 years ago

    The poor keep paying more and rich keep getting richer

  28. Lori B says:
    3 years ago

    Every vote for a democart did this!!!!!!!!

  29. alld33z says:
    3 years ago

    Thank you biden and kamala!! And all the idiots who voted for them off emotion 🙏🏽🙏🏽

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