International Analysis: Rising Christmas Tree Demonstrates 2021 US Economic turmoil

International Analysis: Rising Christmas Tree Demonstrates 2021 US Economic turmoil

International Analysis: Rising Christmas Tree Demonstrates 2021 US Economic turmoil
"Even the Christmas tree can not escape the economic turmoil of 2021." The Washington Post reported. According to estimates from the US Christmas tree community, Christmas tree prices have risen by 10 to 30 percent this year, with some celebrities advising Americans to "buy early, not wait." "Christmas" and "Do not choose too much, big or small, a little flexible."

 Rising Christmas tree prices are a phenomenon that could indicate that the cost of living in the United States continues to rise. In November, US inflation hit a new 39-year high of 6.8 percent. Inflation has "taken" the salaries of all Americans and is still not enough. Many people fall into slavery as wages continue to rise but goods are becoming less affordable.

 People without paychecks and low-income groups are living a harder life and it is getting harder and harder this Christmas. More than 21 million Americans were malnourished in early December, Bloomberg reported.

 The funny thing is that the stock market has risen and the prices of houses have risen, the wealthy who have been at the top of the list are getting richer. Forbes magazine recently selected 10 billionaires with a fortune of more than one hundred million US dollars, with the largest increase in wealth worldwide in 2021, including six billionaires from the United States. As of December 10, their total capital will increase by 3.4 billion US dollars by 2021, with an average per capita net profit of 51 percent.

 In the context of the spread of Kovid 19, the gap between rich and poor in the United States has widened rapidly.

On the surface, the reasons why Americans find it difficult to celebrate Christmas are related to factors such as rising commodity prices and the spread of Kovid 19, but in reality it is due to the incompetence of American politicians. The fight against Kovid 19 and the implementation of irresponsible monetary policy are the inevitable results of putting political interests above the interests of the people.

In the United States, in the context of Kovid 19, the social order in which capital is the priority and the wealthy have the highest rights is becoming more prevalent, so Americans are more anxious and depressed. These self-serving Washington politicians should be responsible for this year's Christmas, which is difficult for ordinary Americans.






 

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