Americans have to spend 11, 400.00 more a year just for basics !

[Care4all]

Prove it is a lie.

Prove it is true! How did they come to their number? Let's see the numbers?

Are they comparing after covid vs during covid which is deceitful,

or after covid vs 2019, before covid?

 

[Independentthinker]

Show us the math.

Median consumer expenditures in 2020 were $61,334, or $5111 per month

Meidan consumer expenditures in 2022 were 72,972, or 6081 per month

That is a difference of $11,638 per year, or 19%.

Average annual expenditures	$60,060	$61,224	$63,036	$61,334	1.9	3.0	-2.7

Consumer expenditures in 2020 : BLS Reports: U.S. Bureau of Labor Statistics​

Consumer Expenditures in 2020 will highlight spending patterns and expenditure changes for 2020, the most recent data processed by the U.S. Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CE). Consumer expenditures were noticeably affected by the COVID-19 pandemic, which began in...

www.bls.gov

And for the year 2022:

https://www.bls.gov/news.release/pdf/cesan.pdf

 

[SassyIrishLass]

Median consumer expenditures in 2020 were $61,334, or $5111 per month

Meidan consumer expenditures in 2022 were 72,972, or 6081 per month

That is a difference of $11,638 per year, or 19%.

Average annual expenditures	$60,060	$61,224	$63,036	$61,334	1.9	3.0	-2.7

Consumer expenditures in 2020 : BLS Reports: U.S. Bureau of Labor Statistics​

Consumer Expenditures in 2020 will highlight spending patterns and expenditure changes for 2020, the most recent data processed by the U.S. Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CE). Consumer expenditures were noticeably affected by the COVID-19 pandemic, which began in...

www.bls.gov

And for the year 2022:

https://www.bls.gov/news.release/pdf/cesan.pdf

They're so desperate

 

[Harpy Eagle]

You're wasting your time with left loons. Hell half of them are getting government benefits, it's not their money. It's yours

Does my military retirement count as a government benefit?

Does my wife's VA salary count as a government benefit?

 

[SassyIrishLass]

Does my military retirement count as a government benefit?

Does my wife's VA salary count as a government benefit?

You know exactly what I'm talking about... just go away. Damn fraud

 

[Harpy Eagle]

Median consumer expenditures in 2020 were $61,334, or $5111 per month

Meidan consumer expenditures in 2022 were 72,972, or 6081 per month

That is a difference of $11,638 per year, or 19%.

Actually the BLS gives the average, not the median.

 

[Harpy Eagle]

You know exactly what I'm talking about... just go away. Damn fraud

I never have any idea what you are talking about, I am pretty sure you do not either.

 

[SassyIrishLass]

I never have any idea what you are talking about, I am pretty sure you do not either.

That's nice, you "libertarians" are so far above us little people

Damn dumbass. You're a leftist loon

 

[Care4all]

Median consumer expenditures in 2020 were $61,334, or $5111 per month

Meidan consumer expenditures in 2022 were 72,972, or 6081 per month

That is a difference of $11,638 per year.

Average annual expenditures	$60,060	$61,224	$63,036	$61,334	1.9	3.0	-2.7

Consumer expenditures in 2020 : BLS Reports: U.S. Bureau of Labor Statistics

Consumer Expenditures in 2020 will highlight spending patterns and expenditure changes for 2020, the most recent data processed by the U.S. Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CE). Consumer expenditures were noticeably affected by the COVID-19 pandemic, which began in...

www.bls.gov

And for the year 2022:

https://www.bls.gov/news.release/pdf/cesan.pdf

I do not understand why they would be comparing the expenses and expenditures after covid to during the covid pandemic.... Few were driving to work so less gas bought, no one getting star bucks or Dunkin donuts coffee, no one was eating out at night or buying their lunch at work, no one getting face lifts or eye lifts, or traveling or taking vacations, or getting hair cuts or bar hopping, gas prices fell also, due to low demand during covid etc etc etc etc...

It is so DECEIVING to compare what we are spending now, to COVID19 2020 lockdown situation prices???

 

[Independentthinker]

Actually the BLS gives the average, not the median.

LOL. So what? The average us household expenses are up over 11K since Biden took office.

 

[Independentthinker]

I do not understand why they would be comparing the expenses and expenditures after covid to during the covid pandemic.... Few were driving to work so less gas bought, no one getting star bucks or Dunkin donuts coffee, no one was eating out at night or buying their lunch at work, no one getting face lifts or eye lifts, or traveling or taking vacations, or getting hair cuts or bar hopping, gas prices fell also, due to low demand during covid etc etc etc etc...

It is so DECEIVING to compare what we are spending now, to COVID19 2020 lockdown situation.

Family expenses are up over 11K per year since Biden took office. One of those links goes back before Covid, so your point is moot.

 

[Harpy Eagle]

LOL. So what? The average us household expenses are up over 11K since Biden took office.

words have meanings, it is best to use the right one so you do not look like you are too stupid to know the difference.

 

[Care4all]

Family expenses are up over 11K per year since Biden took office. One of those links goes back before Covid, so your point is moot.

So expenditures in 2019, were the same as in 2020 during Covid?

 

[SassyIrishLass]

words have meanings, it is best to use the right one so you do not look like you are too stupid to know the difference.

You're full of word.... salad

Keep on pretending this economy is even remotely sustainable

 

[Care4all]

LOL. So what? The average us household expenses are up over 11K since Biden took office.

What is the difference between “Average” and “Median” figures?​

Average and median are both measures of “central tendency,” in that they are intended to provide some indication of a typical or middle value of a set of data. The average is calculated by adding up all of the individual values and dividing this total by the number of observations. The median is calculated by taking the “middle” value, the value for which half of the observations are larger and half are smaller.
When there is a possibility of extreme values, the median is generally the better measure to use. To see this, suppose that five homes sold in a market with the following prices: $80,000, $90,000, $100,000, $110,000 and $500,000. The median price is $100,000, while the average price is (80,000 + 90,000 + 100,000 + 110,000 + 500,000) / 5 = $176,000. In this instance, the single high-priced home pulled up the average price well above the prices of the more typical homes in the market. Thus, the median price provides a better measure of the typical value of a home.

 

[LeftofLeft]

Prove it is true! How did they come to their number? Let's see the numbers?

Are they comparing after covid vs during covid which is deceitful,

or after covid vs 2019, before covid?

It came from the Congressional Joint Economic Committee. CBS is reporting it. So prove Fox is lying.

Americans need an extra $11,400 today just to afford the basics, Republican analysis finds

Compared with 2021, the typical household must spend an additional $11,434 annually just to maintain their standard of living, analysis shows.

www.cbsnews.com

 

[Independentthinker]

What is the difference between “Average” and “Median” figures?​

Average and median are both measures of “central tendency,” in that they are intended to provide some indication of a typical or middle value of a set of data. The average is calculated by adding up all of the individual values and dividing this total by the number of observations. The median is calculated by taking the “middle” value, the value for which half of the observations are larger and half are smaller.
When there is a possibility of extreme values, the median is generally the better measure to use. To see this, suppose that five homes sold in a market with the following prices: $80,000, $90,000, $100,000, $110,000 and $500,000. The median price is $100,000, while the average price is (80,000 + 90,000 + 100,000 + 110,000 + 500,000) / 5 = $176,000. In this instance, the single high-priced home pulled up the average price well above the prices of the more typical homes in the market. Thus, the median price provides a better measure of the typical value of a home.

LOL. You can slice and dice the numbers and definitions all you want, it still comes up the same. The cost of living under Biden is up considerably since Biden took office. Are you a fact denier?

 

[Moonglow]

Median consumer expenditures in 2020 were $61,334, or $5111 per month

Meidan consumer expenditures in 2022 were 72,972, or 6081 per month

That is a difference of $11,638 per year, or 19%.

Average annual expenditures	$60,060	$61,224	$63,036	$61,334	1.9	3.0	-2.7

Consumer expenditures in 2020 : BLS Reports: U.S. Bureau of Labor Statistics​

Consumer Expenditures in 2020 will highlight spending patterns and expenditure changes for 2020, the most recent data processed by the U.S. Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CE). Consumer expenditures were noticeably affected by the COVID-19 pandemic, which began in...

www.bls.gov

And for the year 2022:

https://www.bls.gov/news.release/pdf/cesan.pdf

Then they are spending too much.

 

[Moonglow]

LOL. You can slice and dice the numbers and definitions all you want, it still comes up the same. The cost of living under Biden is up considerably since Biden took office. Are you a fact denier?

That is what happens when you shut down society and stop or greatly reduce the production of goods.

 

[Independentthinker]

Then they are spending too much.

LOL. They're spending too much due to Biden's inflation.