Economic numbers offer clues to low-income residents’ struggle with high inflation

Image of Robert L. Fischer, PhD

Signal ClevelandRobert Fischer, associate professor at the Mandel School and co-director of the school’s Center on Urban Poverty and Community Development, discussed the impact of inflation on food prices, which skyrocketed 11.4%. “We built these support systems, like food stamps [SNAP], that don’t change quickly even when you see this huge increase in food costs,” he said. “When people cannot do anything else to stretch their dollars, they end up at the pantries."

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