By Brian O’Connell Americans believe they’re paychecks aren’t cutting it in a high inflation environment. The U.S. inflation rate rose 0.1% in August compared to July as measured by the U.S. Labor Department’s monthly Consumer Price Index. The index settles at 8.3% on a year-over-year basis, keeping the pressure firmly on consumers and businesses to absorb higher prices on everything from food prices to medical costs. A tightening employer payroll environment isn’t helping. Seemingly endless waves of high CPI numbers have caught up with consumers where it matters most – in their paychecks, whi…