Tackle Rising Inflation to Prevent Increased Poverty


Tackle Rising Inflation to Prevent Increased Poverty
The Issue
Alarmingly, inflation has become an ever-increasing concern in our society. This rate of inflation is disproportionately affecting those with lower incomes causing a rise in poverty levels. With the Consumer Price Index (CPI), an accepted measure of inflation, increasing approximately 5% in the last year (Source: Bureau of Labor Statistics), millions are facing financial strain. The Bureau also reports that the lowest 20% income-earners spend more than twice what they earn in a year, making inflation an even more severe threat to their livelihoods. This petition seeks urgent intervention from government bodies to establish measures controlling the spreading inflation. Sign this petition to add your voice to the call for tangible measures to safeguard the less privileged from escalating inflationary pressures.
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The Issue
Alarmingly, inflation has become an ever-increasing concern in our society. This rate of inflation is disproportionately affecting those with lower incomes causing a rise in poverty levels. With the Consumer Price Index (CPI), an accepted measure of inflation, increasing approximately 5% in the last year (Source: Bureau of Labor Statistics), millions are facing financial strain. The Bureau also reports that the lowest 20% income-earners spend more than twice what they earn in a year, making inflation an even more severe threat to their livelihoods. This petition seeks urgent intervention from government bodies to establish measures controlling the spreading inflation. Sign this petition to add your voice to the call for tangible measures to safeguard the less privileged from escalating inflationary pressures.
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Petition created on 1 February 2025