Lemmy Today
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 1 year ago

54% of young Americans say food costs are the biggest strain on their finances

www.cnbc.com

external-link
message-square
139
link
fedilink
  • cross-posted to:
  • misleadingthumbnails@lemmy.ca
  • aboringdystopia@lemmy.world
  • news@lemmy.world
  • usa@lemmy.ml
192
external-link

54% of young Americans say food costs are the biggest strain on their finances

www.cnbc.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 1 year ago
message-square
139
link
fedilink
  • cross-posted to:
  • misleadingthumbnails@lemmy.ca
  • aboringdystopia@lemmy.world
  • news@lemmy.world
  • usa@lemmy.ml
Over half of young Americans say that rising food prices are the most noticeable effect of inflation.
alert-triangle
You must log in or register to comment.
  • Alaskaball [comrade/them]@hexbear.netM
    link
    fedilink
    English
    arrow-up
    79
    ·
    1 year ago

    54% of young Americans are splurging on luxuries such as groceries and need to learn how to cut back of frivolous expenses

    • BakerBagel@midwest.social
      link
      fedilink
      English
      arrow-up
      53
      ·
      1 year ago

      But also, please do not stop buying frivolous items or else the entire economy will collapse.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      link
      fedilink
      English
      arrow-up
      41
      ·
      1 year ago

      One meal a day should be enough for everybody.

      • SSJ2Marx@hexbear.net
        link
        fedilink
        English
        arrow-up
        33
        ·
        1 year ago

        It’s not being broke, it’s intermittent fasting!

      • Alaskaball [comrade/them]@hexbear.netM
        link
        fedilink
        English
        arrow-up
        25
        ·
        edit-2
        1 year ago

        You only need one ration of Soylent to be a happy and productive associate of your loving company!

        Anything more than that is wasted money and time you can better use to invest in yourself!

      • CommunistBear [he/him]@hexbear.net
        link
        fedilink
        English
        arrow-up
        20
        ·
        1 year ago

        You joke but I’m already only eating 2 meals in a day

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
          link
          fedilink
          English
          arrow-up
          28
          ·
          1 year ago

          you and 39% of Americans apparently https://finance.yahoo.com/news/alarming-39-americans-skipped-meals-120000123.html

    • CoolerOpposide [none/use name]@hexbear.net
      link
      fedilink
      English
      arrow-up
      34
      ·
      1 year ago

      Millennials are killing the being alive industry

    • ColeSloth@discuss.tchncs.de
      link
      fedilink
      English
      arrow-up
      8
      ·
      1 year ago

      It’s only their biggest issue because they’ve all already had to move back in with their parents.

  • ta00000 [none/use name]@hexbear.net
    link
    fedilink
    English
    arrow-up
    61
    ·
    1 year ago

    I go to the grocery store and tomatoes will be randomly $7? And next week it’s something else. It’s like a rolling brownout for the economy.

    • Meh [comrade/them]@hexbear.net
      link
      fedilink
      English
      arrow-up
      62
      ·
      1 year ago

      I heard a great point recently about how the Soviet Union was just willing to accept shortages and not try to obfuscate them. The current model of distribution will not permit shortages to be obvious, so the failures of the supply chain will just take the form of things randomly being obscenely expensive

      • SSJ2Marx@hexbear.net
        link
        fedilink
        English
        arrow-up
        42
        ·
        edit-2
        1 year ago

        The way we stock our grocery stores with the expectation that a third of the food will just go to waste is unbelievably unsustainable, but it’s a hell of a marketing gimmick. Feasts and cornucopias and all of that used to be special because they were rare - but in America we show you that image over and over until it becomes your expectation, and not surprisingly Americans wind up consuming way more than other cultures do as a result.

      • SuperZutsuki [they/them]@hexbear.net
        link
        fedilink
        English
        arrow-up
        39
        ·
        1 year ago

        People need to stop expecting every fruit and vegetable to be available fresh year round. I shouldn’t be able to get fresh berries in the middle of winter.

        • CoolerOpposide [none/use name]@hexbear.net
          link
          fedilink
          English
          arrow-up
          20
          ·
          edit-2
          1 year ago

          Fresh fish too is such a killer. I’m sorry, but do not buy seafood if you live in the Midwestern United States, especially anything live or fresh. Frozen is slightly better, but even then think of what goes in to making that happen.

          • SpiderFarmer [he/him]@hexbear.net
            link
            fedilink
            English
            arrow-up
            13
            ·
            1 year ago

            The Midwest has the great lakes. Too bad we killed a lot of the stuff in there.

            • CoolerOpposide [none/use name]@hexbear.net
              link
              fedilink
              English
              arrow-up
              6
              ·
              1 year ago

              Local is always going to be the best option, so it is a shame we absolutely devastated local environments to ship food halfway across the world

          • ColeSloth@discuss.tchncs.de
            link
            fedilink
            English
            arrow-up
            7
            ·
            1 year ago

            All of the seafood in the Midwest has been frozen and thawed back out at the grocery store. Fresh fish in the Midwest and even near the coast is a lie. 85% of all us fish consumed is imported, and it was frozen before it ever got into US territory. Many fishing boats freeze them on ship, even. The only way you can chance upon “fresh” fish is if it’s in season and near the coast you’re buying in.

          • TheWolfOfSouthEnd@lemmygrad.ml
            link
            fedilink
            English
            arrow-up
            5
            ·
            1 year ago

            Isn’t most of Iceland’s diet fish?

            • CoolerOpposide [none/use name]@hexbear.net
              link
              fedilink
              English
              arrow-up
              18
              ·
              edit-2
              1 year ago

              Maybe, but Iceland is surrounded by ocean filled with fish and most people live on the coastline. That’s much more sustainable than buying live clams/ fresh fish from a chain grocery store in North Dakota

              • TheWolfOfSouthEnd@lemmygrad.ml
                link
                fedilink
                English
                arrow-up
                3
                ·
                1 year ago

                Just you said the Midwest. And whilst Iceland is surrounded by water, it’s competing on the global market.

                • DyingOfDeBordom [none/use name]@hexbear.netBanned
                  link
                  fedilink
                  English
                  arrow-up
                  13
                  ·
                  1 year ago

                  jesse-wtf

                • ped_xing [he/him]@hexbear.net
                  link
                  fedilink
                  English
                  arrow-up
                  8
                  ·
                  1 year ago

                  Is the gag that Iceland’s in the middle of “the West”?

                • CoolerOpposide [none/use name]@hexbear.net
                  link
                  fedilink
                  English
                  arrow-up
                  5
                  ·
                  1 year ago

                  I see where you are coming from and that’s my bad, I’ll make the term more specific.

                  I was using a colloquialism common to the United States which refers to a group of landlocked areas hundreds/thousands of miles away from the ocean

                • PolandIsAStateOfMind@lemmygrad.ml
                  link
                  fedilink
                  English
                  arrow-up
                  4
                  ·
                  edit-2
                  1 year ago

                  They had 3 wars against UK for fishing rights. Won all three too, since they threatened to quit NATO and USA immediately reprimended Brits.

          • Blottergrass [he/him]@hexbear.net
            link
            fedilink
            English
            arrow-up
            3
            ·
            1 year ago

            its fresher flash frozen anyway.

        • TheWolfOfSouthEnd@lemmygrad.ml
          link
          fedilink
          English
          arrow-up
          9
          ·
          1 year ago

          Most westerners are of an “me first” attitude. You seriously expect them to accept the fact that they just can’t have something?

          • SuperZutsuki [they/them]@hexbear.net
            link
            fedilink
            English
            arrow-up
            11
            ·
            1 year ago

            They’re going to have to if anything is to be done about climate change. (I do not expect anything to be done about climate change.)

            • TheWolfOfSouthEnd@lemmygrad.ml
              link
              fedilink
              English
              arrow-up
              6
              ·
              1 year ago

              Same. I’m sure the rich will be fine, until it becomes obvious they’re utterly useless.

          • came_apart_at_Kmart [he/him, comrade/them]@hexbear.net
            link
            fedilink
            English
            arrow-up
            9
            ·
            1 year ago

            many certainly are cucked by their political economy into believing with absolute certainty, despite all evidence to the contrary, the current and wildly unsustainable configuration is all that’s possible.

            pretty sure if they can swallow “Trump v Biden = democracy” and “no money for healthcare, infinity money for war” they can wrap their minds around “no vine ripe tomatoes in January”.

            • TheWolfOfSouthEnd@lemmygrad.ml
              link
              fedilink
              English
              arrow-up
              1
              ·
              1 year ago

              We have Labour versus Conservatives. I have no sympathy. Sorry.

              • came_apart_at_Kmart [he/him, comrade/them]@hexbear.net
                link
                fedilink
                English
                arrow-up
                3
                ·
                1 year ago

                no one asked you to. you stated westerners can’t accept limitation, and then I pointed out how they do, constantly, and with great ease.

                sorry you’re having so much trouble keeping up with your own argumentation.

                • TheWolfOfSouthEnd@lemmygrad.ml
                  link
                  fedilink
                  English
                  arrow-up
                  2
                  ·
                  1 year ago

                  I was taking the piss.

          • nothx [he/him]@hexbear.net
            link
            fedilink
            English
            arrow-up
            4
            ·
            1 year ago

            How can you expect us to give up our treats!?!?!? You must hate freedom.

    • CoolerOpposide [none/use name]@hexbear.net
      link
      fedilink
      English
      arrow-up
      11
      ·
      1 year ago

      What the fuck is the deal with butter too btw? That shit used to be a dollar per pound. Now it’s 6-8 dollars on any given week AND cows are starting to catch the fucking bird flu.

  • someone [comrade/them, they/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    57
    ·
    1 year ago

    Historically, food insecurity has been the revolutionary straw that breaks regimes’ backs, even in the most repressive regimes. Wall Street is playing with fire here. We all know about the “peace, land, and bread” slogan, and you can be damn sure that it was the “bread” part that most caught the attention of the peasants.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      link
      fedilink
      English
      arrow-up
      48
      ·
      1 year ago

      As Lenin put it, every society is three meals away from chaos.

    • SSJ2Marx@hexbear.net
      link
      fedilink
      English
      arrow-up
      34
      ·
      edit-2
      1 year ago

      That’s the thing about Rome’s bread and circuses - they worked for like a thousand years.

    • Fishroot [none/use name]@hexbear.net
      link
      fedilink
      English
      arrow-up
      28
      ·
      1 year ago

      No peace, no land and soon no bread

  • LGOrcStreetSamurai [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    52
    ·
    1 year ago

    It’s becoming more and more real to me that just about everyone is one bad paycheck away from poverty. It sucks so much.

  • AmerikaLosesWW3@lemmygrad.ml
    link
    fedilink
    English
    arrow-up
    44
    ·
    1 year ago

    Communism is when no foo-

    • Hexamerous [none/use name]@hexbear.net
      link
      fedilink
      English
      arrow-up
      5
      ·
      1 year ago

      But like, at least they had actual famines (due to a myriad of material reasons like kulaks and technological limits) so there weren’t any actual food to distribute, and that was what, 60+ years ago?

      There’s plenty of food around now, but you just can’t have any…

  • CoolerOpposide [none/use name]@hexbear.net
    link
    fedilink
    English
    arrow-up
    43
    ·
    edit-2
    1 year ago

    I have an incredible deal on rent in NYC and shop very conservatively for food. Why do I have to pay almost 30K a year, not counting any other living expenses, to just eat the bare minimum food and sleep in the bare minimum accommodations? If you gave this info to somebody living in the Soviet Union they wouldn’t even believe you because it sounds like such unbelievable bullshit that it surely would have to be propaganda.

  • Skeleton_Erisma [they/them, any]@hexbear.net
    link
    fedilink
    English
    arrow-up
    42
    ·
    edit-2
    1 year ago

    Coupons aren’t even as effective!

    I snip and cut away, use their stupid apps

    And somehow only manage to save like 3 dollars!!!

    • CosmicTurtle0@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      37
      ·
      1 year ago

      For me the issue is that coupons are often for brand name items and the coupon rarely makes it more cost effective than buying store brand.

      • Skeleton_Erisma [they/them, any]@hexbear.net
        link
        fedilink
        English
        arrow-up
        8
        ·
        edit-2
        1 year ago

        There are coupons for store brand items too- Which I use as well

        Though store brand items tend to already have a reduce prices anyways.

        Why pay 6.79 for a box of 8 pack quaker oats instant oatmeal when the store brand has instant oatmeal with the same number of packs for ~4.50

        • Tunnelvision [they/them]@hexbear.netBanned
          link
          fedilink
          English
          arrow-up
          3
          ·
          1 year ago

          I would just get the steel cut oats in the tub. They’re better for you than the instant shit and on a per serving basis are usually cheaper.

          • Thordros [he/him, comrade/them]@hexbear.net
            link
            fedilink
            English
            arrow-up
            4
            ·
            1 year ago

            My grocery stores used COVID-19 as an excuse to permanently remove their bulk bins. The closest store to me that still has them is a 90 minute ride on public transit, with two very timing-precise bus transfers. And I still need to walk about a mile on top of it.

            • Tunnelvision [they/them]@hexbear.netBanned
              link
              fedilink
              English
              arrow-up
              2
              ·
              1 year ago

              I think you misunderstood me, I’m talking about the like tubular tubs of generic oatmeal that’s in the oatmeal aisle at the store. It’s pretty much the same as in every store I’ve ever been in America. It’s not a special bulk bin item that I’m aware of.

              • Thordros [he/him, comrade/them]@hexbear.net
                link
                fedilink
                English
                arrow-up
                3
                ·
                1 year ago

                Oh, they don’t sell those here anymore, either. Or at least, they’ve transitioned exclusively to only stocking premium brands that are gluten free organic carbon neutral oats that the farmer read poetry to, for twice the price.

                • Tunnelvision [they/them]@hexbear.netBanned
                  link
                  fedilink
                  English
                  arrow-up
                  2
                  ·
                  1 year ago

                  This is an example of what I’m talking about https://www.walmart.com/ip/Great-Value-100-Whole-Grain-Old-Fashioned-Oats-42-oz/10314925

        • nothx [he/him]@hexbear.net
          link
          fedilink
          English
          arrow-up
          3
          ·
          1 year ago

          Additionally, many times the store brand is manufactured by the name brand anyway.

    • spacecadet [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      31
      ·
      1 year ago

      Pretty sure it is some STEMlord’s job to ensure the coupons and couponing apps are designed with precise calculation in order to not benefit the consumer in the long run but only appear that way.

    • Iwishiwasntthisway [none/use name]@hexbear.net
      link
      fedilink
      English
      arrow-up
      19
      ·
      edit-2
      1 year ago

      Don’t stone me but we have a decent amount of disposable income and the prices have sort of made me move away from coupons and circulars anyway. If chicken breast is 6.99 / lb. and fucking wild Alaskan king salmon is 9.99 / lb. I might as well just get salmon. When we hit Weimar inflation the extra money in my account isn’t going to help me and I’ll be grateful for the Omega-3s when I need to brawl in the streets for bread.

  • CommunistBear [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    41
    ·
    1 year ago

    But I was told that inflation was gone and that the economy is going great?! shocked-pikachu

    • Rom [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      27
      ·
      1 year ago

      porky-happy Inflation may be lowered but no one ever said anything about bringing prices back down

    • CoolerOpposide [none/use name]@hexbear.net
      link
      fedilink
      English
      arrow-up
      14
      ·
      1 year ago

      That’s the thing. Deflation never happened and wages were never adjusted, so the impact of inflation just stayed and is still slowly increasing

    • nothx [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 year ago

      Inflation only affects the rise in prices, once the price goes up it never goes back down.

  • kleeon [he/him, he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    39
    ·
    1 year ago

    brandon no it’s not. Inflation is down actually

    • fox [comrade/them]@hexbear.net
      link
      fedilink
      English
      arrow-up
      21
      ·
      1 year ago

      Thank goodness the rate at which calories get more expensive has gone down. Surely a reduction in how fast things get expensive means that we can now afford them despite their prices not getting lower.

      • kleeon [he/him, he/him]@hexbear.net
        link
        fedilink
        English
        arrow-up
        12
        ·
        1 year ago

        you could maybe afford food again in 5 years when high prices get offset by wage growth. Thank me later biden-rember

      • Hexamerous [none/use name]@hexbear.net
        link
        fedilink
        English
        arrow-up
        8
        ·
        1 year ago

        Don’t worry, the global extreme poverty line is still stuck at a realistic-grounded-in-reality $1-2/day according to very serious people doing economic “science”, so if you’re above that you’re good actually.

  • Trudge [Comrade]@lemmygrad.ml
    link
    fedilink
    English
    arrow-up
    39
    ·
    1 year ago

    Please heed our call Mr. Kelogg. People are demanding sawdust-enriched cereals.

    • PolandIsAStateOfMind@lemmygrad.ml
      link
      fedilink
      English
      arrow-up
      19
      ·
      edit-2
      1 year ago

      CW Joke about meat

      spojler

      An inspection from the Sanitary and Epidemiological Station came to the pâté factory.
      The inspector asks:
      Is this hare pâté really made of hare?
      Yes. Well, to tell you the truth, we also add a little horsemeat.
      What are the proportions of that “a little”?
      One to one
      Which means?
      … One hare, one horse.

  • ghosts [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    37
    ·
    edit-2
    1 year ago

    deleted by creator

  • SorosFootSoldier [he/him, they/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    36
    ·
    1 year ago

    It’s groceries sweetheart, how much could it cost a week, $350? how-much-could-it-cost

  • LaughingLion [any, any]@hexbear.net
    link
    fedilink
    English
    arrow-up
    33
    ·
    1 year ago

    the thing that everyone absolutely must have to live on a daily basis is a huge concern for those people now that the price of it is increasing rapidly?

    news at 11

  • HexbearGPT [comrade/them]@hexbear.netBanned
    link
    fedilink
    English
    arrow-up
    32
    ·
    1 year ago

    ummm i am very surprised the majority are not saying HOUSING COSTS.

    But that’s probably because a lot of people are just having to keep living at home with their parents forever. which i guess leaves food costs…

    • nothx [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      7
      ·
      1 year ago

      Or they have 6 roommates in a 2 bedroom.

  • roux [he/him, they/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    32
    ·
    1 year ago

    My favorite thing about this dystopian nightmare we all exist in is that during the height of the pandemic, food costs basically tripled over night FOR NO GOD DAMN REASON.

    • Redderthanmisty@lemmygrad.ml
      link
      fedilink
      English
      arrow-up
      7
      ·
      1 year ago

      But muh supply and demand!!!

      • Hexamerous [none/use name]@hexbear.net
        link
        fedilink
        English
        arrow-up
        9
        ·
        1 year ago

        It’s called inflation. It’s like the weather, it just happens and have nothing to do with greed. Maybe you need to learn basic economics 101. smuglord

news@hexbear.net

news@hexbear.net

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !news@hexbear.net

Welcome to c/news! Please read the Hexbear Code of Conduct and remember… we’re all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today/ . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 719 users / day
  • 1.61K users / week
  • 2.67K users / month
  • 4.76K users / 6 months
  • 21 local subscribers
  • 24K subscribers
  • 6.72K Posts
  • 160K Comments
  • Modlog
  • mods:
  • Alaskaball [comrade/them]@hexbear.net
  • ZoomeristLeninist [they/them, she/her]@hexbear.net
  • carpoftruth [any, any]@hexbear.net
  • Breath_Of_The_Snake [they/them, comrade/them]@hexbear.net
  • context [fae/faer, fae/faer]@hexbear.net
  • Infamousblt [any]@hexbear.net
  • FALGSConaut [comrade/them]@hexbear.net
  • BE: 0.19.11
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code
  • join-lemmy.org