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Three times? The CPI increased by 25% from 2019 to 2023. That's a lot but not three times. Major grocery retailers cut prices earlier this year as well. I have
by goosejuice 2y ago
Three times? The CPI increased by 25% from 2019 to 2023. That's a lot but not three times. Major grocery retailers cut prices earlier this year as well.
I have a feeling that increases like you describe are likely due to lack of competition and much exaggeration. When I lived in rural area my closest grocery was over 30 min away. Where I live now there's probably 50 within 30 minutes.
- llm_trw 2y agoThe cpi is not the price of groceries, that's literally its definition.
- xnx 2y agoIt seems like food prices are up 28% since 2019: https://www.nerdwallet.com/article/finance/price-of-food https://www.nerdwallet.com/article/finance/price-of-food
- goosejuice 2y agoIt's not clear what point you're trying to make here. The comment compared price increases in contrast to wages. Wage growth during Biden presidency was also pretty strong on the lower end of income. Middle class was probably hit the worst, but there's no way it's 3 times. Meanwhile American's are spending more on eating out then on groceries. It's mostly overblown in my opinion. Voters just aren't always that rational.