Housing yes but food and energy?
At times energy has but I'd say it's stablized and somewhat lower than it's been in a long time taking inflation into account. I'd say food is at a low point as well,taking inflation into account. Electronics and other appliances are all relatively inexpensive. Inflation is pretty much under control.

Not sure of your definition of "working poor" but any household that makes 50k or under is eligible for WIC.

quote:
Great for the stock market but not for the working poor.

Why wouldn't be great for the working poor with a 401k?

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Posted by meansonny

ATL

Member since Sep 2012

25950 posts

Posted on 6/9/20 at 7:51 am to RD Dawg

I don't know that food is relatively low.
A big mac in 1986 was $1.80.
Now, it is $3.99.

My personal shopping index has been a 2 liter of coke. In the 90s, it was regularly $0.69. Now my regular price is $1.69 (with the occasional $0.99 after a superbowl).

By low, do you mean not as bad as housing?

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Posted by SquatchDawg

Cohutta Wilderness

Member since Sep 2012

14286 posts

Posted on 6/9/20 at 8:33 am to RD Dawg

Groceries are ridiculously expensive....it’s hard to get out of the grocery store for under $100 and by energy I’m talking more electricity.

Also I’m not talking over the last year or so but more the last 20 to 30 years...it’s been a long burn. I’d love to see CPI figures over the last 20 years ex technology

And I don’t think many of the working poor have 401ks. Either due to lack of availability, money or opting out. Only one of those is a bad decision.

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