"It's absolutely insane!"
Very Fake News

Insidious inflation

The Babylon Bee has competition: Inflation Stings Most If You Earn Less Than $300K. Here's How to Deal.

Perhaps, the economics professor who wrote the article above can help provide a few tips to this woman who feels the sting:

Kathleen Black is facing a 50% rent increase on the older three-bedroom central Scottsdale apartment she shares with her four kids and father.

“My apartment’s management is upping my rent by $800 a month,” said Black, who moved from Goodyear to Scottsdale in 2020 after a divorce so her children could go to school with their cousins.

“That will take almost 100% of my income, and my father is on a fixed income," she said. "Our apartment isn’t that nice.”

That's a rough $10,000 increase in rent for the next year. It's true that those making $300,000 won't sweat over it but those who earn around $30,000 will have harsh and ugly choices ahead.


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