Everything is becoming more money and paychecks are still the same?

Question

Such as food, gas, clothers, insurance.

How do you feel about this and what do you think the future concludes of?

Answer 1

Personal consumption will probably continue to decline throughout 2008 (see article below). What happens to the overall economy is every bodies guess.

Answer 2

In Australia the average household spends 28% of its annual budget on morgage repayments. Prices are definately increasing relative to wages.