Bloomberg News Facing Backlash for Advice on Inflation

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Inflation is a crippling force in the lives of so many people throughout the nation.

It’s causing Americans to have to cut back on certain expenditures, including essentials like groceries and transportation. People are also having to reconsider their travel plans or seek out extra work.

As all this plays out, there’s not much help from the White House. Despite being the architect of this inflation crisis, Democrats in the federal government are aiming to make the problem even worse by working to get another COVID spending bill passed.

Things aren’t looking good for much of the middle-class and the working-class. Nevertheless, Bloomberg News has decided to chime in with some recommendations for Americans trying to weather the storm.

Needless to say, the person who greenlit the publication of these recommendations is likely now regretting it.

Bloomberg’s message to struggling Americans

Against the backdrop of inflation, Bloomberg News advised people earning below $300K to make some lifestyle changes.