this post was submitted on 04 Feb 2024
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241
The U.S. economy is booming. So why are tech companies laying off workers? (www.washingtonpost.com)
submitted 9 months ago by [email protected] to c/[email protected]
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The U.S. economy is booming. So why are tech companies laying off workers?::undefined

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[โ€“] [email protected] 6 points 9 months ago (1 children)

But price increases of cereals ( bread, pasta, grains, etc.) increased by about 7,5 % last year alone, which is more than the inflation, and more than the increase after inflation.

That's where people might complain. They still can't afford food, as food prices increase faster than overall inflation

[โ€“] [email protected] 1 points 9 months ago

That's a fair criticism, and the Biden administration is looking into more specific action with regards to grocery stores. More work needs to be done to bring food costs to a reasonable level. I'd also support a revising of the CPI to better account for necessities like food and housing.