What the Upper-Middle-Class Left Doesn’t Get About Inflation

return2ozma@lemmy.world to politics @lemmy.world – 36 points –
What the Upper-Middle-Class Left Doesn’t Get About Inflation
theatlantic.com

Tell these Americans that the economy is humming, that median wage growth has nudged ahead of the core inflation rate, and that everything’s grand, and you’re likely to see a roll of the eyes.

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the core inflation rate... excludes food and energy costs—economic indicators that affect Americans’ daily lives.

This right tf HERE.

A box of graham crackers at my local grocery store is now $6.49

So dont buy them. Jesus you guys act so entitled to processed fucking foods it's a joke

Graham crackers are cookies. Just make cookies instead.

How much would it cost to make cookies from scratch? List the ingredients and prices

The comment you are replying to was dickish, but this is a porous argument. In general the price of materials per cookie is going to be very low and an equivalent batch to what you would get in a box is still going to probably be around 15-20% of what you would pay at the store. Most cookie ingredients are shelf stable, most of them are very cheap, and you generally don't need a lot of them with the vivid that you will already be ahead material wise for the next batch.

Can we stop with these inflation indexes. Most people shop at Walmart now, an index is no longer needed, just track Walmart prices.