Inflation Forcing Americans into 'Downsized' Lifestyles, Says Shark Tank's O'Leary
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Inflation is creating a "downsized America" according to Shark Tank's Kevin O'Leary, forcing people to buy smaller homes and cars.
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Inflation remains high even after recent Fed interest rate hikes, staying well above the 2% target.
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Rate hikes are impacting everyday choices like where to work and how much to drive due to high gas prices.
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O'Leary predicts inflation won't cool down soon, calling it a "nasty" and "hot political potato."
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A Fox News poll found 80% say the economy is in bad shape, with 52% feeling the White House has made things worse.