Suppose you get a job right out of school making $65,000 per year...yay! Now what does 9% inflation do?

Let's say you're a college student who just graduaated, and you got a job making $65,000 per year.  Nice!  That's just a bit under the U.S. median income of $67,500, but for your first job that's really fine!

Or suppose you're an entry-level skilled tradesman--plumbing, electrical, construction and so on.  You may be in the same position as the recent college grad..

Suppose the total of your food, rent or mortgage, utilities, gasoline, kids school, TAXES and so on was $60K a year, you spend $3,000 on "entertainment" and a vacation, and invest the remaining $2,000.  Good job! 

Now, what happens to the cost of "essentials" if inflation causes prices to rise 9.1 percent in the next 12 months?

You'll spend 9.1 percent more per year.  Based on the numbers above, you'd be having to spend an extra $5,500 to keep the same lifestyle you had before.  So you just went from saving $2,000 a year to spending $500 more than you earned.

And sure enough, analysts at Moody’s Analytics say the typical American household will spend $5,915 more this year than in 2021, with inflation running at a 40-year high and stinging prices at gas pumps and the grocery store.

Consumers across the U.S. tell the DailyMail how they're struggling to put food on the table after inflation reached 9.1 percent last month — the highest rate in over 40 years.  That means having to cut back on spending.  Problem is, what do you give up?  Most Americans stop being able to save money for emergencies or retirement.  Others load up their credit cards, at ruinous interest raes.

If you're a college student or college-age American you should recognize what's happening, and vote accordingly.  Most 20-year-olds have been getting at least some help from parents, but at some point soon you're gonna be paying your own bills.

Unless you love high inflation, vote like your future depends on that vote.  Or you can join the hordes of people who depend on government handouts to live.