fast food prices

Americans are spending the biggest share of their income on food in 3 decades

Americans are spending the biggest share of their income on food in three decades, and it’s a concerning trend that’s affecting households across the nation. The cost of living continues to rise, and food prices are no exception. It’s not just about the price of raw ingredients; convenience and choice also play a significant role in the increasing expenses at the grocery store.

The rise in food prices is hitting families hard, with some struggling to keep up with the rising costs. Decent, healthy food is becoming increasingly expensive, while the cheaper options often lack nutritional value. The quality of fresh produce has declined over the years, leaving consumers craving the taste of truly fresh and flavorful ingredients.… Continue reading

Biden Takes Aim at Grocery Chains Over Food Prices

Biden Takes Aim at Grocery Chains Over Food Prices

Food prices have been skyrocketing in recent years, causing significant financial strain on American families. And now, President Biden is turning his attention towards grocery chains, aiming to address this pressing issue. The rising prices have hit low-income families the hardest, especially those who don’t qualify for government assistance programs like SNAP. These families are paying an astonishing 25% more for groceries, which is simply unsustainable.

A new analysis from the White House Council of Economic Advisers suggests that large grocery retailers have been increasing their profit margins, contributing to the persistently high prices.… Continue reading