BBC on Nostr: 'I had to downgrade my life' - US workers in debt to buy groceries ========== US ...
'I had to downgrade my life' - US workers in debt to buy groceries
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US workers are struggling with rising grocery prices, with a 25% surge since Joe Biden entered office in January 2021. Stacey Ellis, a nurse's assistant, has had to turn to risky payday loans to cope with the increased costs. The jump in food prices has hit younger, lower-income, and minority households hard. Dylan Garcia, a security guard, now stocks up on cheap food and uses 'buy now, pay later' schemes, leading to mounting debt. The issue of rising food prices presents a major challenge for President Biden, who is already facing doubts about his age and fitness for another term. Grocery prices have outpaced the historic rise in living costs following the pandemic. Despite efforts by the White House to address food affordability, opinion polls show that voters trust former President Trump more on economic issues. The economy is an important factor for voters, but it remains to be seen if it will be decisive in the upcoming election. Some analysts expect wages to catch up with prices this year, providing relief.
#UsWorkers #GroceryPrices #Inflation #JoeBiden #FoodAffordability #EconomicIssues #Election
https://www.bbc.com/news/articles/cx002795738o?xtor=AL-72-%5Bpartner%5D-%5Byahoo.north.america%5D-%5Bheadline%5D-%5Bnews%5D-%5Bbizdev%5D-%5Bisapi%5D
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US workers are struggling with rising grocery prices, with a 25% surge since Joe Biden entered office in January 2021. Stacey Ellis, a nurse's assistant, has had to turn to risky payday loans to cope with the increased costs. The jump in food prices has hit younger, lower-income, and minority households hard. Dylan Garcia, a security guard, now stocks up on cheap food and uses 'buy now, pay later' schemes, leading to mounting debt. The issue of rising food prices presents a major challenge for President Biden, who is already facing doubts about his age and fitness for another term. Grocery prices have outpaced the historic rise in living costs following the pandemic. Despite efforts by the White House to address food affordability, opinion polls show that voters trust former President Trump more on economic issues. The economy is an important factor for voters, but it remains to be seen if it will be decisive in the upcoming election. Some analysts expect wages to catch up with prices this year, providing relief.
#UsWorkers #GroceryPrices #Inflation #JoeBiden #FoodAffordability #EconomicIssues #Election
https://www.bbc.com/news/articles/cx002795738o?xtor=AL-72-%5Bpartner%5D-%5Byahoo.north.america%5D-%5Bheadline%5D-%5Bnews%5D-%5Bbizdev%5D-%5Bisapi%5D