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Wages have 'outpaced' inflation by almost 4-5% in Trump's first 10 months: GOP lawmaker

Rep. Jason Smith, R-Mo., discusses the affordability issue Americans are facing on 'Fox Report.'

I’ve been practicing financial planning for more than 30 years and am now seeing a new financial phenomenon spread through America like a quiet cancer. It’s a rapidly growing population of Americans ages 30 to 50 who earn more than $100,000 per year, and yet they are living squarely paycheck to paycheck. I call them "lifestyle loopers" because even if they make $250,000, they’ve become irresistibly susceptible to perpetual lifestyle inflation.

Are these people undereducated? No.

No access to ChatGPT or the internet? No.

Having massive garnishments taken from their paychecks? No.

So how does a six-figure household fall so far behind while making so much money today in America?

HAMBURGER HELPER SALES SURGE AS AMERICANS TIGHTEN BUDGETS AND SEEK CHEAP, FILLING MEALS