FED Revisions

92% of Americans Can’t Afford Groceries: Poll
Here’s what the survey found.
The results of food affordability were alarming.

• 87% said grocery prices are too high
• 65.93% take fewer trips to the store due to inflation
• 82% dining out less for the same reason (so it’s not a swap of spending, money itself is the problem)
• 50-55% of people shop less, buy less stuff, and spend more time at home
• 57% have to stop buying organic or premium ingredients
• 74.60% would eat healthier if they could afford it
• 57.5% are buying less meat and poultry

https://www.lewrockwell.com/2023/02/daisy-luther/92-of-americans-cant-afford-groceries-poll/

Paycheck to paycheck isn’t working anymore.
More Americans than ever are living paycheck to paycheck, and as expenses rise while spending power decreases, even that is too much of a stretch for many. Obviously, we’ve always recommended emergency funds and not living by the skin of our teeth, but these days that’s easier said than done for many.
I’ve written before about how this is causing life-altering changes to occur.