Americans paying the price for rising inflation from the grocery store to housing market
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- Опубліковано 5 вер 2024
- Grocery prices are getting even more expensive, as inflation appears to be worse than expected. ABC News’ Lionel Moise takes a closer look.
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#inflation #economy #groceries #news #abcnews
When I was a little kid, you could fill an entire grocery cart for $100 and nowadays, a small bag of groceries is $50!!!
True. I just did. It wasn't even a bag and that from a discount store.
In 2019 I could fill a cart of groceries and have 4 to 5 bags at Walmart Neighborhood market for around $120 by 2024 I can get 2 bags for about $120? I no longer get the carts. I get what I need and go.
Your gonna have to start shopping smart. Shop S Mart.
yeah but your income also increased
@@Sikyu-ye4ns Not enough to keep up but good point they like to ignore
Remember how they told us the past few months that inflation was over damn near
No, actually, I don't. Find a better source for your news.
I do but now its rearing its ugly head yet again!
The wonder why everyone at the supermarket's look so grouchy. 🤣🤣🤣
3.1% is a joke.
Democrats are a joke. Men can be women and feelings of facts
Whats the joke?
@@theflowpowa42oshow blacks are the reason
Everything is more expensive! It's ridiculous!
Time to evolve. I've stopped eating and taught myself to photosynthesis. Much more cost effective way of meeting my energy needs.
How can this be ?
Biden assured us it was much better.
it is better if you have stock in the large corporations. Setting records
@@elmosweed4985
The stock market and inflation are two different things.
....and the stock market lost half of it's fiscal year 2024 gains yesterday not to mention if the economy was doing well the feds would be cutting the prime rate.
@@deadname... So setting records in the stock market are bad and prove the Country is in decline ?
It IS better. They've called out only a few items that are higher. He even said, "While it shows improvement, it's not nearly as good as anticipated." Prices for SODA are up -- quit drinking that garbage! Meanwhile, Biden has nothing to do with the increases from the pandemic (when TFG was in charge but did nothing, and they've never come back down), bad weather, or feed costs.
Biden is a clown. Hopefully all the young people paid attention to the difference between the difference of a Trump presidency compared to a Biden presidency. Democrats will always cost you more. I’ve been around long enough to realize that.
Lets send 100 billion to ukraine and everything will be better... Also vote Democrat down the line.
The ultrarich are greedy, they plunder their population then send them to kill other poor people in foreign land.
Biden 2024!!!!!
Only $100,000,000,000.00 ? You must be a Putin puppet. We need to send them $500,000,000,000.00, or you hate democracy.
I don't expect the government to do anything only fill there own pockets.
I just walked down the Pain Relief isle shaking my head at the prices 🤦🏽♀️ When did store brand aspirin become so expensive?
drugs
I can't believe the selling prices of homes now. Paid 135K in 2016 for my home and now it's worth 250K.
And now you're paying taxes on a $250k home...
@@ianbattles7290 that's zillow's estimate I live in a rural area of the mountains so taxes are low. $800 a year but you are right going up next year to $1,000. Still low compared to other places.
That is nothing......try cali
those are great prices in todays world. if thats your goal stay focused on it and you will achieve GL !
An old wood frame house on the street next to mine built in 1920 in what was a farm sold for $200,000 . Lol! It's one story on a busy street and has one bath.
Not sure how this is news, as if we don't know how bad it is. We all see our grocery bills.
They have high res graphics and a narrator with a good microphone.
But Biden says there is no issue!!! 😂😂😂
"The stock market has been blasting through record after record. The S&P 500 recently crossed a new threshold, the 5,000 mark, for the first time ever. "
* The rich seem to be doing okay
@@elmosweed4985 - The ignorance level is high - liberals 😂
@@elmosweed4985 - You don’t know what inflation is, do you? 3 years of it under Biden and NO signs of letting up.
@@KevinStDenis1 I am trying to follow how quoting something about the stock market setting records is ignorant.
You cannot say what I quoted is fake.
I guess the part when I use actual facts is the part that thru you off-
Sorry about that, I can make something up if that makes you feel better-
@@KevinStDenis1
Article :
The stock market sets new records as Wall Street's confidence in the economy grows
By: David Gura
FEBRUARY 12, 2024
"The stock market has been blasting through record after record. The S&P 500 recently crossed a new threshold, the 5,000 mark, for the first time ever. NPR's David Gura explains what's driving this record-setting run.
DAVID GURA, BYLINE: We're still early in 2024, but the S&P 500 has kept climbing, building on last year, when it rose by an eye-popping 24%. The index includes many of the largest and best-known companies in the world.
LEE FERRIDGE: It's happened because U.S. data has been so strong."
life in canada is tough
Enjoy Trudeau, loser
But it's beautiful place to live god bless this country
there going to starve out the elders if they dont raise SSI they dont seem to see that for every ten dollors things go up we have to make choices food meds bills car,,,,somthing has gotta give...
Over population. Biggest global problem.
Bwahahahaha!
Are you sure about that?
@@theflowpowa42oshow I do take the advice and viewpoints of the more than ten thousand scientist world wide that have identified it as such from 1961 to 1987 when the 7 global studies were published.
blah blah blah what about over population is causing inflation lil man?@@ronaldcole7415
the senate just voted to borrow another 90 billion and send it overseas, that should help
I am dying of laughter.
🤣🤣🤣🤣🤣🤣☝️
🤣🤣🤣🤣🤣🤣☝️
hahgahahahaha
I guess we should eat cake.
Learning to cut your own hair is actually pretty fun.
And endless do-overs!
$40 is expensive...i was a generous tipper...
I spent about $30 on a trimmer set 10+ years ago and never looked back
not when you buzz lil man @@leavingitblank9363
None of this matters since the stock market is up… right? 🙄
Uber, Lyft, Doordash demanding higher pay. Never have any never will use any of these services. My legs still work.
You mean greed more than expected.
No really?
Beverages are not needed. Water is free.
Thanks Biden
How about you find out why the prices are higher instead of just blaming Biden ?
Are you aware the Mexico wall cost America a massive amount of our food supply ?
During the tariff war we witnessed a record number of farmer bankruptcies and farmer suicides'.
My CEO in a townhall a few weeks ago said we need to be weary of a deflationary environment. Get real, buddy.
I think he meant 2025 when Trump will be back in the WH
I said it once and I'll say it agian. Pump those rates baby!!!! No pain noo gain!!!
Anybody who is keeping up with everything and is also aware of our past iinvolving inflation trends, the way it is now was not unexpected. Some of us can look at our past and learn from it and see what's going on. But our governments don't seem to be able to do so.
gov caused it , they know whats going on
Hey! At least no more mean tweets! Democrats🤡🤡🤡
You’re just as dumb as Democrats if you think the Republicans are going to do any better.
Stop calling “Price Gouging” Inflation…
weird how there was no price gouging when trump was in office - I thought he was a puppet to the rich?
It is like watching an entire circus with clowns. This is so entertaining and funny to watch. 💩🤡
Thanks Biden!
As if he has power over these mega corporations. Politicians are puppets for these corps
@@LoreEclectic funny how your president has no power at all over the economy. I bet you blamed trump for everything
weird how there was no price gouging when trump was in office - I thought he was a puppet to the rich?
Its so much bullshit nonsense in these prices going up. I'm cutting down on buying items especially going out to eat. I feel sorry for the dealership because nobody is going to pay a car that is close to the cost of rent.
…….it’ll just mean MORE people stealing from grocery stores. 🤔🤔🤷🏼♂️🤷🏼♂️
and more people in jail. LOL
Are we now dealing with inflation while in a ressession?
and no one is going to do a damn thing about it
Every time the price of gas goes up, the trucking and shipping companies raise their shipping costs and the stores raise prices to compensate for the increased transportation costs. Groceries, lumber, everything. When gas prices go down, the prices at the store do not and we see these big corporations pocketing all the extra. After doing this several times over the past 10 years, inflation is through the roof! This causes a snowball inflation effect across the economy!
THANK YOU
democrats
Record inflation
Open borders
High Crime
War
American dream dead
You want too big to fail HERE IT IS
Oh no! 3.1%! Be grateful, other countries would be lucky to have a below 5% inflation rate.
"WE" are paying for the minimum wage increases and the reduction of incentives for the rich man. Trickle Down only applies to the burdens, profits never follow the same laws of gravity!
Rich people play games where they can afford to lose more money than we will ever own in order to drive small businesses outta town, and then they're free to charge whatever they want.
Groceries Up 20%
And who profits from the rise in costs.
Since BEFORE the pandemic... when everything got more expensive and stayed that way. Who was in charge then? Oh, yeah... THAT guy.
deal with it
Build Back Better!
I've never really bought groceries, coffee, sugar,rice and flour mostly.We hunt, fish, shrimp, raise cattle,a hog or two sometimes,chickens, my whole family farms and has vegetable gardens I can all the veggies I want pretty much, aunts always make jelly and pickles and canned snap beans and stuff and I keep them all supplied with deer meat and process my own deer and have a smokehouse for deer sausage and anything I want to smoke.I personally kinda hope the price of beef keeps going up! haul a few cows to the stockyard and buy a new truck or whatever.and I get a tax deduction for feed and all of I don't.
Jus print more $$ and pass 'em round.😊
They either need to raise wages or lower prices.
@@ianbattles7290 Wages are prices, lol.
Business loves this. They can raise prices, make more money and everyone will blame Biden then when we get a Republican president he will lower their taxes. Three cheers for conservatives.
When you ask a Republican about the large corporations shattering profit margins they reply " what about hunters laptop"
Biden doesn't get a pass. Nice try.
This is because Democrats are inept.
Inflation Joe
I prefer Joe Garbanzo now
Thanks California
The worst yet to come we have to go back holding days 2:17
And yet we are also paying for people that are "looking for a better life." 🙄
Really? How so? Written any checks to them lately?
We need to send Ukraine 1 trillion dollars right this second. Its the only hope to saving the economy.
It's because there know covid food stamp money
Okay does everyone remember the < > = signs in school ? because I do. They say the economy is doing better right? Wages have gone up, jobs have been created, unemployment has gone down? and the economy is doing good. My response is this, If wages have gone up and prices have gone up, how is it working, they increase one and then increase the other so are higher wages really higher wages? Higher wages are actually hurting us because companies are going to just up prices so they can pay those higher wages, end of story. Jobs are being created, unemployment rate is decreased and the economy is doing great, really where here in the United States? Where is the economy doing great or even better? I have been buying food and gas, I have been paying electric, rent and insurance along with everything else, I don't see a decrease in prices if anything an increase. Not only that but food is a joke on a package it says family size but you buy it take it home it it is half empty and it will feed a family of one person and to top that off it has chemicals added to it. If you go to the store and you steal something or inject a chemical in to lets say an orange your butt is going to jail, end of story but yet that is what they are doing because these family packages that feed a single person is false advertisement on the packaging and they steal your money saying you get something but it is not what you bought, that is stealing. The chemicals or the perseveres that is what they call it is being put in our foods that we pay high dollar for but yet they are not being arrested and people are getting sick and even dying because of the foods they eat but they won't say that. I just wonder when will people stop being played and everyone will come together and say NO MORE. To stop all this craziness it will take a whole nation of people our nation to rise up as a whole. The first words of the Constitution say, "We the people in order to" we have to stop being a part of parties and start being a part of a nation one nation we the people. Ya we have differences, view issues but we all can agree on one thing " Things have to change and we all need to stand as a nation together and say enough is enough." We can vote RED or BLUE but it will be like wages and prices in the end it will be just the same, no president is going to change it and if you think so you are kidding yourself. People will say, " Trump will change it he is for the people." "Look what he did when he was president." I looked didn't see much. Some will say, " Biden has done a good job as the economy is so much better than it was when Trump was in there, " No it is not better and it wasn't better with Trump either." They say stuff but we all know it lies, all of it. The food industry are getting ready for immigrants to leave the United States who work the fields for cheap if Trump gets in there, who is going to do those jobs for cheap, so they are raising prices too? _________ you got it. This is just one thing. if this term Biden gets in and raises taxes on the billionaires, the billionaires are raising prices to line their pockets because they are not ready to lose money on taxes, so they raise prices now. Just one thing. = not < or > than. Why does some people see it and others don't? I ask myself aren't we all living it?
Gas is holding stable. But no one talks about that.
Lets push up gas prices!!!
@@ToddTinley As long as people are still sitting in their cars running the engine while they scroll their phone or eat lunch, gas prices aren't high enough.
@@leavingitblank9363 I think that might be somewhere around $8 to $10 a gallon
Raise Waged +houses taxes +gaz high+job concerned secure ,pension ,low expensive bedding healthcare ,high homeless .etc.thia soft power of crisis and slowly depression
Didn't your birthing person tell you we're not supposed to talk about inflation, immigration, energy, crime, and education? If you do, you can be accused of some sort of "-ism" or believing in a conspiracy theory or promoting misinformation.
Bidenomics 🤡
tRump 🤡
Inflation is fine
Everyone who is striking with Uber and lyft it makes no sense because everyone is struggling to pay for everyday needs.
Your better off taking a local taxi service than them. Because they charge too much. I like Uber but I know it's too expensive. It's only if I have no real cash that I take Uber. Especially if I'm in a rush.
It's not inflation, call it what it is, price gouging.
weird how there was no price gouging when trump was in office - I thought he was a puppet to the rich?
It is called inflation. Read a book.
@Ultimate-Guardian. This level of inflation is artificially made. Inflation is at a 30 year high while corporate profit is at a 70 year high. It isn't an accident nor is this inflation natural by any means. It is intentional price gouging so corporations can turn a bigger profit
Haha move to you home country or get a real job building houses
But we were told it wasn’t this way. 🤔
Bidenomics
OH NOOOOOOOOOOOOOOOOOOOOOOOO!
THIS IS REALLY BAD!!
THIS YEAR FEELS LIKE THE APOCALYPSE!
The story is rather disingenuous; everyone knows rates are up since their peak in mid 2022, that's not news. What they aren't saying is how the rates have come down since then, yes there was a slight bump in December, but rates are still trending down. It's not below 2% and it still needs to be worked on, I just think it's dishonest to report it as such. We still to work on wages.
I thought the whole story was disingenuous. Very weird twisting of the information. Not false, just misleading.
Higher wages will just lead to more inflation and higher pricez...
Wages are prices, lol.
bullshit
@@michaelandrews4783 what about this basic economic fact is bullshit?