Food costs hit 30 year high. Between ongoing inflation and shriveling real incomes, we’ve lost a generation of prosperity.

For centuries each generation of Americans was richer than their parents — often twice as rich. This has now broken, whatever happy-talk government statisticians feed us. From food costs to life expectancies to home size and home ownership, we are going backwards for at the fastest pace since the 1930’s.

Food costs hit 30 year high.

Between ongoing inflation and shriveling real incomes, we’ve lost a generation of prosperity.

For centuries each generation of Americans was richer than their parents — often twice as rich. This has now broken, whatever happy-talk government… pic.twitter.com/IjZNxVImcP

— Peter St Onge, Ph.D. (@profstonge) February 26, 2024

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