Mounting public attention on the struggle millions of Americans face affording food, housing and other daily necessities has largely centered on what can be done to quash inflation. Yet some economists say the discussion is incomplete without addressing another major reason life has become unaffordable for so many people: their meager paychecks .

"It's not just about how much things cost. Affordability is truly about, 'Does an individual have enough money to buy the things they want?' So it's not about making things cheaper, but making it so you earn more so that the stuff you need is affordable," Heidi Shierholz, president of the Economic Policy Institute, a nonpartisan think tank, told CBS News.

President Trump on Tuesday evening is expected to address cost-of-living concerns and

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