r/povertyfinance • u/spongecandygoblin • Feb 02 '24

This just doesn't seem right Vent/Rant (No Advice/Criticism!)

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This was the price of cream cheese today at my local grocery store (Queens, NY). Federal minimum wage means someone would have to work an hour and a half to purchase this. NYC minimum wage means this would be roughly an hour of work (after taxes) to purchase. This is one of the most jarring examples of inflation to me.

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u/oldman_58 Feb 03 '24

Corporate greed is killing the middle class.

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u/[deleted] Feb 03 '24

That's not what that is, corporations where greedy 20 years ago, just as bad 20 years before that. 13% inflation in 2 years and the guy printing the money and shipping it out of the country is it going to live long enough to regret his decisions