For all the yammering about how great the Biden economy is from his acolytes, we keep seeing all these underlying issues. Like
Return to pandemic hunger levels could signal economic fragility
As economists and investors scour data on inflation, jobs, housing, banking and other bellwether indicators to determine whether the United States is headed for a recession, a visit to the nation’s largest food-bank warehouse offers some ominous clues.
More than half of the shelves at the Atlanta Community Food Bank are bare, in part because of supply-chain issues, but mostly because demand for food assistance is as high as it was during the COVID-19 pandemic, the nonprofit’s executives said. They said two in five people seeking food assistance in the Atlanta region this year have not done so before.
“Nobody anticipated this,” said Debra Shoaf, chief financial officer of the private charity, which relies on corporate and individual donations, as well as government grants, to distribute food to the hungry in 29 Georgia counties. Shoaf, who also serves on the finance steering committee for the national charity Feeding America, says she’s hearing similar reports across the United States. “We’re back up to pandemic levels,” she said.
In some regions, demand is exceeding even the starkest days of the COVID pandemic. In central Ohio, the local food bank says the number of households seeking aid has increased by nearly half since last year.
Back during COVID there were people who were laid off or working shorter hours, so, they didn’t have the money to get the food. What’s going on now?
More than 11.4 million households collected free groceries in early April, up 15% from a year ago, according to data from the Census Bureau.
“Food banks have been around for 50 years, but this is the first time we are seeing unprecedented high food demand combined with historically low unemployment rates,” said Vince Hall, chief government relations officer for Feeding America, which supports 60,000 food pantries.
Will the media trumpet this historic first for Biden?
Inflation is a major factor, too: Grocery prices have increased 23% since March 2020, when the pandemic began, according to the U.S. Bureau of Labor Statistics.
Of course, in Biden World
Wages are up, inflation is down and Dems continue to build an economy that works for everyday Americans.
— Hakeem Jeffries (@RepJeffries) April 23, 2023
They just can’t afford food. But, yes, inflation is down a bit, but, this is like your cell phone company raising your bill $25 then giving you $10 off. Or dealers charging $3k about MSRP then giving you a $1k discount.
Such post-COVID demand for free food is “not a good signal” for the economy “and perhaps an indicator of an impending recession,” said John Lowrey, a business professor at Northeastern University whose research focuses on food bank management and public health.
“The fact that we have a lot of first time users who are no longer concerned about the stigma of going to a food pantry – and actually see value in it because they can no longer afford retail food – is a reasonable proxy for the health of the economy and consumers,” Lowrey said.
Would it be crazy to think that this is what Progressive (nice Fascists) Elites want: citizens reliant on government to provide? Oh, it’s also costing the government, mostly, and the private entities, a whole heck of a lot more to stock the foodbanks. You nutters voted for this because you loathed Trump, now you get a president who really just doesn’t care. Unless you want an abortion or are gender confused. Or Ukraine.