Americans are more worried about inflation hurting their wallets than they should be – at least according to Washington Post personal finance columnist Michelle Singletary.
than they should be — and they should “calm down” and “stop complaining” about it, according to a Washington Post columnist.
Singletary downplayed concerns about the impact of rising prices after MSNBC anchor Chris Jansing pointed out a poll by Politico and Morning Consult which showed that 38% of Americans “say they would rather see a recession than the inflation we’re dealing with.” Singletary framed the debate in the context of wealth inequality within the United States – with half the country legitimately facing a financial crunch due to the higher cost of necessities and the other half irrationally concerned about inflation.“There are Americans who did extremely well in the last two years in the market,” Singletary said. “You still have your job.
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