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Marjorie Taylor Greene acknowledges that prices have not come down and wages have not gone up, highlighting the ongoing financial struggles of Americans.
The political economy often exacerbates issues like housing and healthcare costs by restricting supply and subsidizing demand, leading to price increases.
The cost of living remains a significant concern for Americans, comparable to the period of 9% inflation, indicating a sense of losing control.
Government restrictions on supply in housing, education, and healthcare lead to rising prices, exacerbating economic inequality.
The Trump administration's policies are leading to increased healthcare costs, which could force families to make significant sacrifices or lose coverage entirely.
Energy prices have actually never been higher, up like 50%, and they're only going to go higher because of the destruction of wind and solar energy.
The cost of living is rising, with fast fashion contributing to increased clothing prices due to global shipping and production practices.
During the 19th century, consumer prices decreased by more than half, allowing wage earners to buy more over time. This contrasts sharply with today's economy, where money buys less each year.
Government restrictions on supply in housing, education, and healthcare lead to rising prices, creating a cycle of subsidies and increased costs.
House prices have increased by three and a half times the rate of salary increases since 1970. In the 1970s, a single salary could afford a house, but now it requires two salaries and significant debt.