Can Life Resume Back to Normal in California?

Gas prices in California have hit record highs in the past few weeks. In Mendocino, California, some people pay close to 10 dollars a gallon. Many are left to ask did the stimulus money come with a price. Food prices have risen nearly 10 percent in the last year and 6 percent since March 2022. In April, real estate research firm CoStar Group stated rents had increased 11 percent in the past year.

The IRS issued three Economic Impact Payments during the coronavirus pandemic for eligible people: $1,200 in April 2020. $600 in December 2020/January 2021. $1,400 in March 2021. In homes with children, the government also issued 3600 dollars per child for taxes. The government gave all this money with the promise that it wouldn't have to be paid back, but once again, many are left wondering if this increase in everything is the price to be paid for all the "free" money. Any time you increase the money supply but don't increase production, massive inflation is the result.

In 2021, the retail price for a dozen eggs in the United States was 1.79 U.S. dollars. In California, the cost of eggs in some places is over 4 U.S Dollars a dozen as of June 1st, 2022. The homeless community is also affected by the increase. Some of them have vehicles, and they have already struggled to put gas in them as it is.

The less fortunate community receives monthly aid from the county for food and hygiene basics. This will only worsen the situation with the less fortunate community due to a lack of resources and overpriced food and gas. The price of everything has gone up, yet the money received has not increased. For all the programs that help the less fortunate, the cost of living has not increased for the help to be increased.

California will have a surplus of 97.5 billion U.S. dollars this year. Half of it is set to be used for education and other purposes. This is the second year in a row that California will have an excess due mainly to the income tax revenue from the state's wealthiest earners. Governor Newsom is already talking about passing out stimulus checks for the increased gas prices but will these gas stimulus checks come with a price just as all these other stimulus checks have now come with a price. What needs to be done for California to resume back to normal?