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real inflation backlashVox
•83% Informative
Inflation is down to 2.4 percent from its post-pandemic high of 9.1 percent , but Americans are still hurting financially and psychologically.
The days of the pandemic-era “ Great Resignation ” are well and truly over.
Americans have less money and are taking on more debt after a brief spike in savings.
Americans are pulling from their now-depleted savings and amassing debt on credit cards and other revolving credit plans.
The total amount of credit card debt in the US reached an all-time high of $1.14 trillion as of October .
Young adults in particular, many of whom are also struggling with high student loan debt, are increasingly falling behind on their credit card payments.
VR Score
87
Informative language
87
Neutral language
47
Article tone
informal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
25
Source diversity
17
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