AMERICA'S overheated economy is in danger of meltdown as of control, food is becoming scarce and experts warn complete economic disaster is just around the corner!
After inflation hit a 40-year high of 8.5 percent in March, Republican National Committee Chairwoman Ronna McDaniel groused, “Prices are skyrocketing, families are struggling!"
Hard times are indeed here!
Common expenses are exploding with rents up 17 percent on average nationwide and gas at a staggering $5.98 a gallon in some California communities. But car prices have nearly doubled in two years — with no relief in sight!
It gets worse.
Americans are being particularly squeezed at the supermarket, where supply chain woes have left shelves empty and driven up the cost of everyday items by as much as 20 percent. A gallon of milk now exceeds $4 on average, and the price of a dozen eggs spiked above $3 for only the second time in history.
Families living on the edge have been hit especially hard.
Tammy Ferrell, a Durham, N.C., grandmother, is raising four kids by herself and says price hikes caused her to swap meat for noodles — and then to go hungry!
"No matter what, I'm the one who lacks," laments the 60-year-old. "Inflation has really killed me."
Rising food prices are also a huge problem for restaurants.
This story is from the May 02, 2022 edition of National Enquirer.
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This story is from the May 02, 2022 edition of National Enquirer.
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