A recent survey indicates that half of Americans are skipping meals due to high grocery prices, which have risen 28 percent since 2020. The study, conducted by Self Financial, highlights the negative effects of rising food costs on mental health. As the midterm elections approach, disapproval ratings for President Trump's economic management are significant, with many voters favoring Democrats for better handling of economic issues. Furthermore, over 60 percent of households earning $50,000 or less are living paycheck to paycheck.
Key facts
- Grocery prices have increased by 28 percent since 2020.
- Half of Americans report skipping meals due to food prices.
- Ground beef prices rose by 67 percent, coffee by 108 percent.
- 69 percent of voters disapprove of Trump's cost of living management.
- Over 60 percent of households earning $50,000 or less live paycheck to paycheck.
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