The article discusses the challenges that people are facing due to rising costs and stagnant income. It highlights how the cost of living has increased significantly making it difficult for individuals to maintain their standard of living. The rising prices of essential goods and services such as food housing and healthcare have put a strain on peoples finances. This is further compounded by the fact that income levels have remained relatively unchanged leading to a decrease in purchasing power. The article emphasizes the need for individuals and businesses to find ways to cope with these challenges such as cutting costs and increasing efficiency in order to maintain financial stability.

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