For the average worker, grocery prices are about as affordable as they were pre-pandemic. But the costs are still a sore spot for consumers — and a focus in the 2024 election.
MarketWatch isn’t MSM or RWM. Article seemed totally bogus at first – apparently because I am not a “worker” but a retiree. Most groceries I buy are higher than they were in 2019, but many are about the same. I stopped buying potato salad because it could almost be called potato soup – not the Deli potato salad, but that packaged stuff next to the Deli in Walmart. The price is about the same, but it seems they add more water to keep the weight the same. The sandwich meat I buy is about the same price it was in 2019—probably a few cents more tho. Chips & soda I like are waaaay higher. Used to be able to get out of Walmart w/ $25-30 of food stuff, but its more like $40-45 now…note that is after the first of the month big buy and stock up.
For more than two years now, higher prices have been pinching consumers’ wallets and testing their patience — but there’s at least one part of their monthly budget that has more breathing room these days: For the average U.S. worker, it now takes fewer hours of work to afford a week’s worth of groceries than it did five years ago, in August 2019.
That’s according to a MarketWatch analysis of wage and inflation data that shows how the price of food relative to wages has fluctuated in recent years.
Article seems to be correct – maybe even for retiree me, since my SS checks have gone up each year since 2019. Charts made sense to me…
Are Republicans trying to ‘Out Lie’ the Democrats this Year?!?
Groceries are more affordable now than in 2019. So why are prices still such a hot-button issue?
MarketWatch isn’t MSM or RWM. Article seemed totally bogus at first – apparently because I am not a “worker” but a retiree. Most groceries I buy are higher than they were in 2019, but many are about the same. I stopped buying potato salad because it could almost be called potato soup – not the Deli potato salad, but that packaged stuff next to the Deli in Walmart. The price is about the same, but it seems they add more water to keep the weight the same. The sandwich meat I buy is about the same price it was in 2019—probably a few cents more tho. Chips & soda I like are waaaay higher. Used to be able to get out of Walmart w/ $25-30 of food stuff, but its more like $40-45 now…note that is after the first of the month big buy and stock up.
Article seems to be correct – maybe even for retiree me, since my SS checks have gone up each year since 2019. Charts made sense to me…
WSJ vs Brandon Johnson
https://archive.md/IawkV