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Economic Collapse

20 Facts That Prove American Families Are Being Completely Crushed by Rising Prices

by Epic Economist
May 16, 2023
in Curated, Videos
Discern Report

Higher mortgages, rents, car payments, grocery bills, and monthly expenses are financially draining U.S. households at a breathtaking pace. The cost of living continues to rise much faster than our salaries, and our purchasing power isn’t the same as it used to be just a few years back.

Today we’re paying more for everything and consuming way less than we have historically. At this point, the overwhelming majority of Americans are stressed about money, and that may not change anytime soon. We’re coping with increasing responsibilities at work but we’re not being compensated accordingly.

Adding all that to a scenario of inflation and the threat of another severe recession and we understand why even middle-and-upper-income earners are going broke, while low-income families are buried up to their heads in debt. This is America today, and we’re being warned that many more challenges are still ahead.

In March, a new NPR and Marist poll revealed that 38% of Americans say their personal finances have gotten worse over the past 12 months. That’s an 8-point jump since February. The findings reflect the rapid pace at which conditions are deteriorating for U.S. families. Although officials say economic fundamentals are improving, the public isn’t seeing that being reflected on their grocery bills or at the pump.

A growing number of Americans say they can’t pay their bills in full every month, according to the Census Bureau’s most recent Household Pulse survey. About 36% of consumers say it has been “very difficult” for them to pay their usual bills in the last month. That represents a 14% increase compared with a year earlier, and is higher than even in the early months of the pandemic, the data shows. As a result, they are taking on more and more debt to cover their bare necessities.

Meanwhile, the Working Poor Families Project reports that in America today over 53 million people, including 24 million children, are living in a low-income family. From 2020 to 2023, the share of working families who became low-income (below 200 percent of the official poverty threshold) increased from 28 percent to 31 percent. While there was an increase of 2.2 million people since 2020, the number of children in low-income working families rose by more than 500,000 in just one year.


  • Why We Sell Gold and Silver by Weight, NOT Based on “Rarity” or “Collectability”


All of these numbers are proof that living conditions in America have never been so complicated. We have actually gotten poorer than our parents and grandparents as our opportunities for growth shrank in the face of fewer middle-class jobs, inflation, rising interest rates, stock market volatility, and the housing bubble. It’s hard to see how we climb out of the hole we’re shoved into, but Americans have proven to be one of the most resilient people in the world.

Hopefully, our nation finds its strength back to start turning things around before it’s too late. In today’s video, we decided to compile several numbers that reveal just how much economic suffering is happening out there.

Here are the facts for those who don’t want to watch the video:

  1. Americans Are Paying More and Getting Less
  2. Almost 40% Say Their Financial Health Declined in the Past Year
  3. Nearly 1 in 3 Working Families Can’t Meet Their Basic Needs Every Month
  4. Almost a Third of U.S. Mothers Struggled to Feed Their Children Over the Past Year
  5. The Number of Low-Income Families has Soared in Recent Years
  6. 70% of All Americans Say They’re Now Stressed About Money
  7. The Majority of People in the U.S. Are Living Paycheck-to-Paycheck
  8. Upper-Income Earners Aren’t Immune
  9. Credit Card Debt Is Exploding and So Are Delinquency Rates
  10. People’s Sense of Financial Security Is Eroding
  11. Workers’ Ability to Recover From Financial Losses Is Compromised
  12. Most Middle-Class Americans Can’t Support Their Middle Class
  13. Skyrocketing Health Care Costs Are Americans’ Biggest Concern
  14. Medical Debt Continues to Soar
  15. More People Are Skipping Doctor Visits Due to Economic Distress
  16. Only 17% of U.S. Workers Can Afford the Average-Priced Home
  17. Nearly 1 Million Will Soon Need to Leave Their Home Due to Foreclosure
  18. At the Same Time, the Rate of Americans Falling Behind on Rent Is Rapidly Climbing
  19. Meanwhile, Auto Loan Debt, Delinquencies, and Defaults Are Reaching New Highs
  20. More Workers Worry They Can’t Afford to Retire

For help with that last one in particular, we recommend selecting on of our four America First precious metals sponsors to help you with wealth and retirement investing.

Video and article via Epic Economist.

Discern Report





Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas

Promised Grounds Gift Pack

When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.

This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.

1. It’s Truly Delicious Coffee

Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.

Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.

Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.

2. It Spreads the Word While Serving a Real Purpose

There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.

Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.

It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.

3. It’s Affordable, Valuable, and Elegantly Presented

Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.

The packaging is classy, clean, and gift-ready, making it ideal for:

  • Family members of all ages
  • Co-workers or employees
  • Church friends or small-group leaders
  • Hosts, neighbors, and last-minute gift needs

It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.

The Perfect Blend of Faith, Flavor, and Christmas Cheer

A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.

If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.

Tags: Economic CollapseEconomyEpic EconomistLedeMoneyTop StoryVideo
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