3 ms·
The cpi is not the price of groceries, that's literally its definition.
by llm_trw 2y ago
The 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.