#affordability-crisis — Public Fediverse posts

@CTVNews @ottawa-CTVNews

Hmmmm ... it's almost as if grocery prices are increasing to suck up all the government grocery rebates that were announced last month. Surely our big grocery chains wouldn't take advantage of that program, would they?

#CanPoli #affordabilitycrisis

Did you miss yesterday's.city council votes?

"Toronto City Council has approved a pilot project that would see the City operate its own grocery stores in an effort to reduce food costs for shoppers.

Councillor Anthony Peruzza, for Humber River—Black Creek, pushed for a pilot project to open four nonprofit grocery stores across the city, aiming to make everyday groceries more affordable in low-income neighbourhoods."

https://www.blogto.com/eat_drink/2026/03/toronto-nonprofit-grocery-stores/?oly_enc_id=7565J1056034B3B
#Toronto #affordabilityCrisis #experimental

How many more Americans would live below the poverty line if the US government were to ban all imports of consumer goods?
#protectionism #importsubstitution #mercantilism #autarky #tradebarriers #tradewars #poverty #povertyline #americans #affordabilitycrisis #inflation #tradepolicy #usa #donaldtrump #tariffs #consumergoods #economics #imports

America’s deepening affordability crisis summed up in 5 charts – CBS News

• MoneyWatch
• Managing Your Money
• CBS News Price Tracker

MoneyWatch

America’s deepening affordability crisis summed up in 5 charts

By Aimee Picchi, Mary Cunningham

Updated on: November 19, 2025 / 5:27 PM EST / CBS News

Although inflation across the U.S. is far cooler than in the post-pandemic years, millions of Americans say they still feel the pinch of rising prices, struggle to pay the bills and express concern about their financial prospects. 

Price increases are nowhere near the level reached in June of 2022, when the Consumer Price Index hit a 40-year high of 9.1%. Yet many people feel squeezed by the cost of simple daily necessities, including the ability to afford healthy food, and by long-term increases in the cost of essentials such as housing and health care.

This affordability crisis is rooted in a combination of both longstanding economic issues dating back decades and more recent developments. For instance, housing costs have surged partly due to a lack of available homes, a result of cutbacks in construction following the Great Recession, while more recently steep new U.S. tariffs have fueled inflation.  

Inflation and the economy now rank as Americans’ top national concerns, according to an October CBS News poll. 

“Everything is going up in price very quickly,” said Jeremy Tolbert, a 47-year-old web developer in Lawrence, Kansas.

With his family’s monthly health care premiums set to rise 18% to $2,600 next year, he’s planning to cut back in other areas. “Our food budget is going to go down — we’re not talking about eating beans and rice, but going from a comfortable middle-class lifestyle to eating how we did when we first got out of college,” Tolbert said.

Here are five key categories of spending that many Americans are struggling to afford.

Food

Almost half of Americans say it’s harder to afford groceries today than it was a year ago, according to a September survey by Axios and the Harris Poll. Only 19% said food prices are cheaper than a year earlier, with roughly a third seeing no change. 

Editor’s Note: See the PRICE CHECKER in the online version only. Cannot add here.. –DrWeb

Growth in food prices has eased considerably, although it is still rising, with the latest CPI report showing grocery prices rose 2.7% in September on an annual basis, a sharp contrast to the 11.4% increase in 2022. Overall, however, food prices as of September were more than 18% higher than in January of 2022, according to the CBS News price tracker. 

Shoppers don’t assess food costs the same way economists do. They focus on their day-to-day spending — which keeps climbing — and compare their out-of-pocket spending today with what they paid several years ago, according to research from the University of Florida. 

In other words, people’s experience of inflation and how they measure it in their daily lives may not mesh with official economic measures that paint a more optimistic picture. 

Meanwhile, other recent signals underscore the difficulty many Americans have simply putting food on the table. Roughly 14% of U.S. households reported food insecurity on average between January and October, up from 12.5% in 2024, according to data from Purdue University’s Center for Food Demand Analysis and Sustainability.

In New York City, for example, 40% of local families can’t afford their weekly food costs, according to new data from charitable organization Robin Hood and Columbia University.

Editor’s Note: Read the rest of the story, at the below link.

Continue/Read Original Article Here: America’s deepening affordability crisis summed up in 5 charts – CBS News

#2025 #affordability #affordabilityCrisis #america #annualChildCareCosts #cbs #cbsNews #donaldTrump #economy #education #electricityAndUtilityCosts #fiveCharts #food #healthCare #history #housing #inflation #libraryOfCongress #moneywatch #onlineVersionHasCharts #opinion #politics #resistance #trump #trumpAdministration #unitedStates

Fine. Keep losing.

Trump's Republican Party insists there's no #AffordabilityCrisis & dismisses #election losses

Almost 2 weeks after #Republicans lost badly in elections in Georgia, New Jersey, Pennsylvania & Virginia, many #GOP leaders insist there is no problem with the party’s policies, its message or Trump’s leadership.

#Trump says #Democrats & the media are misleading voters who are concerned about high costs & the #economy.

#USpol #CostOfLiving #affordability
https://apnews.com/article/trump-economy-midterms-republicans-affordability-election-losses-0e15f928cdbb01eee41eadfb477cb981

"What we’ve seen these past two weeks looks less like an administration and political party that have learnt some hard lessons, and more like a preview of what Trump, Vance, and the Republicans’ actual approach to affordability will be going into the 2026 midterms: to say the word “affordability” a lot and pretend that prices have gone down, while doing little to nothing to make life in the United States cheaper — or even actively making it much more expensive.

The Trump of 2020, who responded to an election-year economic crisis by eating Democrats’ lunch and throwing money at people and expanding the welfare state, may have realized the kind of political peril he’s currently in. But that Trump and those he surrounds himself with have long been fully co-opted by the neoliberal establishment they once pretended to rail against. As a result, it’s not clear they’d even know how to turn this around, even if they wanted to."

https://jacobin.com/2025/11/trump-vance-affordability-crisis-gop

#USA #Trump #AffordabilityCrisis #GOP #Inflation #Austerity

'His people are worried': Trump raises eyebrows after asking CEOs for affordability tips

https://web.brid.gy/r/https://www.rawstory.com/donald-trump-economy-2674296183/

#Republican President #DonaldTrump believes #voters are too ignorant to click a link to his own Administration's reports on their 3% #inflation increase in the last 12 months or to even notice the #affordabilitycrisis the #GOP created. #TrumpLies are so incredibly stupid how can anyone still fall for his 🐂 💩?

#TrumpDidThis 👇🏾
https://www.bls.gov/cpi/

#affordabilityCrisis

NYC Democratic Mayoral Primary Puts Gaza in Focus
https://consortiumnews.com/2025/06/25/nyc-democratic-mayoral-primary-puts-gaza-in-focus/
Zohran Mamdani’s Zionist antagonists tried to turn his Muslim identity and pro-Palestine politics into a liability, writes Corinna Barnard. So far, it hasn’t worked. By Corinna G. Barnard Special to Consortium News Zohran Mamdani, the 33-year-old Muslim member of the…
#Politics #Commentary #Gaza #Genocide #Israel #Palestine #U.s. #AffordabilityCrisis #AndrewCuomo #CorinnaG.Barnard #NewYorkCity #ZohranMamdani

US mortgage rates exceed 7% following Moody's credit rating downgrade, exacerbating housing affordability crisis amid rising home prices and widening income gap
#YonhapInfomax #MortgageRates #MoodysDowngrade #USCreditRating #HousingMarket #AffordabilityCrisis #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63915

Things I never thought I would hear in a University* classroom.

"Has everyone had breakfast this morning!? There is free food just down the hall!”

And to think contemporary politicians continue to believe tuitions can just keep rising..…

We started this pantry last year after a student fainted in the hallway.

#affordabilitycrisis #University #higherEd #EducationIsaRight #food #FreeTuition

*It's still all too common in K-12 schools.