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The struggle to accumulate wealth in tandem with meeting day-to-day expenses can be overbearing, presenting formidable barriers to social mobility. However, intervention from the U.S.
The struggle to accumulate wealth in tandem with meeting day-to-day expenses can be overbearing, presenting formidable barriers to social mobility. However, intervention from the U.S. government could potentially eradicate poverty by stabilizing the ballooning costs associated with living expenses, production, and education. A decline in these expenses would likely trigger a reduction in state and local housing costs, thereby making homeownership more accessible to individuals without the need for a six-figure salary. The perpetuation of high prices is further fueled by consumer patronage of luxury brands like Gucci, Dior, and Chanel; their demand underpins high inflation rates. Should the allure of these brands diminish, resulting in decreased sales, we might see a consequent decline in inflation rates. This shift could significantly ease the financial burden on middle and working-class families, making essential commodities more affordable
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