The cost of living just got Starbucked, and the economy is showing it

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For your info sipping, here are two reasons my “consumer spending,” one culprit in the economy’s poor performance, is dropping:

  • The cost of a tall, plain cup of coffee at Starbucks in New York went up 8.2% on Tuesday. It comes in at $2.12. Used to be $1.96.
  • My rent is going up 10% starting in July.

And here’s one more:

Oh my. Who is this economy designed for? Because those lines aren't accidents.
Oh my. Who is this economy designed for? Because those lines aren’t accidents. Source

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