>
Israeli chief of staff officially approves plan to occupy Gaza City
Report From "Blueprint for Peace"
Are They Lying to Us About Inflation?
Chinese Scientists Produce 'Impossible' Steel to Line Nuclear Fusion Reactors in Major Break
1,000 miles: EV range world record demolished ... by a pickup truck
Fermented Stevia Extract Kills Pancreatic Cancer Cells In Lab Tests
3D printing set to slash nuclear plant build times & costs
You can design the wheels for NASA's next moon vehicle with the 'Rock and Roll Challenge
'Robot skin' beats human reflexes, transforms grip with fabric-powered touch
World's first nuclear fusion plant being built in US to power Microsoft data centers
The mitochondria are more than just the "powerhouse of the cell" – they initiate immune...
Historic Aviation Engine Advance to Unlock Hypersonic Mach 10 Planes
OpenAI CEO Sam Altman Pitches Eyeball-Scanning World ID to Bankers
So why do most of us believe that inflation – the waning buying power of the money we're forced to use by the government - is what it says it is?
Here's what I know and so can attest to:
When I was a high school kid back in the '80s, I worked part-time at McDonald's. The minimum wage back them was $3.35, which meant that an eight hours shift put just shy of $27 in my pocket. Actually, less – because that's gross. Even high school kids earning minimum wage get FICA (Social Security) and other federal taxes "withheld" as the government likes to style seizing some of the money you've earned before you even get to hold it in your hand for a moment.