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Amanda Aronchik

πŸ‘€ Speaker
772 total appearances

Appearances Over Time

Podcast Appearances

Planet Money
Tariffs, grocery prices and other listener questions

Okay, so you've explained what's going on now, but I think what Jen really wants to know is will grocery prices ever go down again? Will things get cheaper at the supermarket?

Planet Money
Tariffs, grocery prices and other listener questions

Yeah, so I hate to be the bearer of bad news here. Grocery prices tend not to go down. There was one big exception, though. In 2016, American grocery prices fell a little bit for the first time in nearly 50 years. No kidding.

Planet Money
Tariffs, grocery prices and other listener questions

Yeah, so I hate to be the bearer of bad news here. Grocery prices tend not to go down. There was one big exception, though. In 2016, American grocery prices fell a little bit for the first time in nearly 50 years. No kidding.

Planet Money
Tariffs, grocery prices and other listener questions

Yeah, so I hate to be the bearer of bad news here. Grocery prices tend not to go down. There was one big exception, though. In 2016, American grocery prices fell a little bit for the first time in nearly 50 years. No kidding.

Planet Money
Tariffs, grocery prices and other listener questions

But I think the fact that this was the first time it happened in nearly 50 years and it wasn't that big of a fall in prices, it suggests that we're probably not going to see a big drop of grocery prices anytime soon. These things tend to go up over time, not go down.

Planet Money
Tariffs, grocery prices and other listener questions

But I think the fact that this was the first time it happened in nearly 50 years and it wasn't that big of a fall in prices, it suggests that we're probably not going to see a big drop of grocery prices anytime soon. These things tend to go up over time, not go down.

Planet Money
Tariffs, grocery prices and other listener questions

But I think the fact that this was the first time it happened in nearly 50 years and it wasn't that big of a fall in prices, it suggests that we're probably not going to see a big drop of grocery prices anytime soon. These things tend to go up over time, not go down.

Planet Money
Tariffs, grocery prices and other listener questions

Okay, so if grocery prices are unlikely to go down... How is Jen or anyone really supposed to keep up? Like, how are we supposed to be able to afford to buy this very expensive food?

Planet Money
Tariffs, grocery prices and other listener questions

Okay, so if grocery prices are unlikely to go down... How is Jen or anyone really supposed to keep up? Like, how are we supposed to be able to afford to buy this very expensive food?

Planet Money
Tariffs, grocery prices and other listener questions

Okay, so if grocery prices are unlikely to go down... How is Jen or anyone really supposed to keep up? Like, how are we supposed to be able to afford to buy this very expensive food?

Planet Money
Tariffs, grocery prices and other listener questions

Yeah. And also, I mean, like I should say that she should hope to get a raise and, you know, like hope her household income goes up because that's generally what happens over time. You'll see this spike in the price level and people start demanding raises and we'll get used to higher sticker prices at grocery stores. Okay.

Planet Money
Tariffs, grocery prices and other listener questions

Yeah. And also, I mean, like I should say that she should hope to get a raise and, you know, like hope her household income goes up because that's generally what happens over time. You'll see this spike in the price level and people start demanding raises and we'll get used to higher sticker prices at grocery stores. Okay.

Planet Money
Tariffs, grocery prices and other listener questions

Yeah. And also, I mean, like I should say that she should hope to get a raise and, you know, like hope her household income goes up because that's generally what happens over time. You'll see this spike in the price level and people start demanding raises and we'll get used to higher sticker prices at grocery stores. Okay.

Planet Money
Tariffs, grocery prices and other listener questions

And actually over the last year or so, the wages of Americans have been going up and they've been growing faster than overall grocery prices.

Planet Money
Tariffs, grocery prices and other listener questions

And actually over the last year or so, the wages of Americans have been going up and they've been growing faster than overall grocery prices.

Planet Money
Tariffs, grocery prices and other listener questions

And actually over the last year or so, the wages of Americans have been going up and they've been growing faster than overall grocery prices.

Planet Money
Tariffs, grocery prices and other listener questions

Okay, so Jen, you thought you were calling about groceries, but really we are suggesting you go ask for a raise. Thank you, Greg. This has been super helpful.

Planet Money
Tariffs, grocery prices and other listener questions

Okay, so Jen, you thought you were calling about groceries, but really we are suggesting you go ask for a raise. Thank you, Greg. This has been super helpful.

Planet Money
Tariffs, grocery prices and other listener questions

Okay, so Jen, you thought you were calling about groceries, but really we are suggesting you go ask for a raise. Thank you, Greg. This has been super helpful.

Planet Money
Tariffs, grocery prices and other listener questions

It's always a good call.