You’ve probably noticed lots of prices going up in the last year – especially groceries. Some Alaskans say they've been eating less and eating worse because of it.
“Meat products, fresh fruit and vegetables because they’re expensive, you know?” he said. “Instead of buying six bananas, I buy two. Instead of eating a whole banana, I cut’em in half, make’em last longer.”“Now he eats nothing but plain dog food. I used to mix hamburger with his food,” Superb said. “I can’t afford his little extras.”“I’m more cheap now,” said Ryan Greene, who bought a gallon of milk at the Carrs last week.
Greene said he also cut back on how much meat he buys, from about twice a week to once or twice a month. Now he’s buying fewer groceries and more cheap fast food. “I go to Costco a lot, too, where, that Costco food court — that’s the cheapest,” Greene said. “That gets me through.”Neal Fried is a longtime economist who works for the Alaska Department of Labor. He said he’s never seen an economy like this, between pandemic restrictions, massive federal relief efforts and the recovery now.
“I’m glad I’m still an economist during this period ‘cause this was one of the most remarkable things to happen and watch and measure that I’ve ever had happen during all the decades I’ve been doing this,” Fried said.“Most recessions and dramatic things are surprises. But that was such a fast, quick surprise – and something that we’ve never, ever had to deal with,” Fried said.“It depends,” said Fried. “I mean, wages have generally increased, but overall, probably not as fast as inflation.
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