Consumers are increasingly pushing back against price increases

Re:Consumers are increasingly pushing back against price inc... by FireBeyond on Monday February 26, 2024 @02:57PM (#39516084)

> another group said “its the stimulus money in everyone’s hands, exclusively!”

I mean even as recently as last month you have politicians on the right saying that people are even now "hoarding" stimulus checks, or are still living large on them.

$3,600. In 2020. That's a generous definition of hoarding. And an extremely generous definition of "living large".

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Re:Consumers are increasingly pushing back against price inc... by yieldcrv on Tuesday February 27, 2024 @01:22AM (#39520742)

the checks from the Presidents weren't the only program

the PPP loans along side amplified unemployment benefits were far longer running

in California, Covid unemployment was $450/week with an additional $600/week on top, and it lasted 18 months statewide

the reality isn't as political as it masquerades as, there are and were capital misallocations as a result of these broad programs

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