Economists across the country are concerned that we may be heading towards the worst inflation crisis in modern history. “This is the big...
Economists across the country are concerned that we may be heading towards the worst inflation crisis in modern history. “This is the biggest emerging economic crisis for consumers for over a decade. The average cost of living for a family of four is up about $5,000 a year so now it’s a choice between heating homes, feeding families, or giving gifts.” said Burt Flickinger, managing director of the Strategic Resource Group. Despite a historic inflation crisis, the Department of Defense has cut cost of living allowances for thousands of troops. Stars and Stripes Reports–
“Thousands of U.S. troops will lose a monthly cost-of-living stipend beginning Jan. 1 because fewer locations across the lower 48 states — including the Washington, D.C., metro area — qualified as excessively expensive living areas, according to a Pentagon announcement Wednesday.
The Defense Department will pay out about $8.5 million to some 6,000 service members living in six metro areas and 20 non-metropolitan counties within the Continental United States in 2022, the Pentagon said Wednesday. Some 48,000 service members will drop from receiving the supplement after 15 metro areas and 21 non-metropolitan counties were removed from the list of qualifying locations.”
During the 2020 election, veterans supported Trump by a significant margin over Biden. A Military Times Poll of veterans released just over a week before the election showed that Trump was favored by a 10 percent margin, 52 to 42 percent to Biden.
Biden’s approval ratings among all Americans continue to plummet as well, with a recent NPR/PBS NewsHour/Marist College poll finding that 55% of Americans disapprove of his job performance. Another poll showed his approval rating among Independents going down by 8% over the course of one week.
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