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ck4829

(34,977 posts)
Mon Aug 15, 2022, 11:18 AM Aug 2022

How Swelling Grocery Bills Are Crushing the Poorest

The cost of eggs and bread is soaring – a trend that’s particularly punishing for the poorest Americans.

Average food prices climbed an annualized rate of 10.4% in June, the Bureau of Labor Statistics reported on July 13, 2022. The gains were driven primarily by the cost of groceries, which jumped the most since the 1970s, by 12.2%. Overall inflation was up 9.1% from a year earlier.

These sharp increases have startled consumers, in large part because food costs had been rising moderately for decades.

While all Americans have seen their grocery bills swell, many may not fully appreciate the enormous burden that rising food costs pose for low-income households. The reason is simple: Poor families spend a much larger share of their income on food than the median household.

https://flaglerlive.com/178606/poverty-groceries/

Meanwhile...

7 replies = new reply since forum marked as read
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How Swelling Grocery Bills Are Crushing the Poorest (Original Post) ck4829 Aug 2022 OP
there should be no tax on food samnsara Aug 2022 #1
In most states there isn't Sanity Claws Aug 2022 #3
It's crazy. CrispyQ Aug 2022 #2
First step is to cut out junk food Ritabert Aug 2022 #4
First step is to cut the profiteering ck4829 Aug 2022 #5
That depends on Congressional cooperation Ritabert Aug 2022 #6
These are Trump's buddies GreenWave Aug 2022 #7

CrispyQ

(36,231 posts)
2. It's crazy.
Mon Aug 15, 2022, 11:35 AM
Aug 2022

Things don't go up by a dime or two, they go up fifty cents. Then fifty cents again in another three weeks. Even more for more expensive items.

Ritabert

(644 posts)
4. First step is to cut out junk food
Mon Aug 15, 2022, 12:05 PM
Aug 2022

No chips, cookies or soft drinks. I make my own pizza crust which is much cheaper. Start using online coupons and stock up when stuff you need is on sale. Stop buying overpriced processed food as well.

GreenWave

(6,494 posts)
7. These are Trump's buddies
Mon Aug 15, 2022, 01:20 PM
Aug 2022

Jacking up the prices to alienate the poor to vote against their best interests.

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