Americans are draining savings to pay for groceries, survey shows

Americans don't have savings to drain. The ones who do also have an income to buy groceries with.

Another fake news bullshit sensationalist propaganda piece.
 

Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years​


Couponing, comparison shopping and cutting back on favorite foods are new habits for her and millions of other Americans as they absorb the biggest jump in grocery prices in a half-century. Buying food to eat at home has gotten 33% more expensive in U.S. cities since the beginning of 2019, according to government figures. In the 7 1/2 years before that, prices rose 6.4%.

“People have a well-honed sense of those prices, just as much as gas and maybe more so,” Bernstein, who served as chair of the Council of Economic Advisers under former President Joe Biden, said. “You need groceries to live.”

 
Noking said:
Wasn't Crazy Trump going fix this problem on day one.

In 2025, nearly one in five adults ages 18 to 64 — almost 20% — paid for groceries with savings, and nearly one in 20 — more than 5% — bought them with cash from a payday advance loan.


Those are two of the findings of a survey by the Urban Institute, a Washington, D.C.–based nonpartisan think tank that conducts economic and social policy research.



Its Well-being and Basic Needs Survey for 2025 also revealed that although nearly 35% of adults 18 to 64 who paid for groceries with a credit card paid the bill in full when it came due, more than 19% paid less than the full balance, and almost 9% did not always make the minimum payment. Contrast that with 2023, when around 7% did not make the minimum payment.


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Non partisan? You're kidding, right? They spout nothing but left-wing claptrap. Diversity, equity ( not to be confused with equality), and inclusion. They are about as "nonpartisan" as you. Probably why you didn't provide a link to this "survey".

Urban Institute: Who We Are/Mission And Values
 
Noking said:
I did provide a link

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Lol, it's microscopic, I missed it. I stand corrected.

According to your article food costs are up 2.7% for July. Are you seriously saying an extra $2.70 on a $100 grocery bill is breaking the bank now that Trump is president? Where were you when Biden had inflation at a 40 year high? Like I said, the Urban Institute is about as non partisan as you.
 
countryboy said:
Lol, it's microscopic, I missed it. I stand corrected.

According to your article food costs are up 2.7% for July. Are you seriously saying an extra $2.70 on a $100 grocery bill is breaking the bank now that Trump is president? Where were you when Biden had inflation at a 40 year high? Like I said, the Urban Institute is about as non partisan as you.
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Crazy Trump promised to end inflation on day 1.
 
Reminder: no JPP leftist has any savings. No JPP leftist is employed. No JPP leftist isn't clinically obese.
 
Noking said:
Nice try at deflecting, but the truth is now Trumpflation.
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Which is at normal historical levels unlike Biden's 40 year high. Your claim that an extra two dollars and seventy cents on a one hundred dollar grocery bill is suddenly draining people's savings is beyond ridiculous.
 
Cypress said:
Trump is a massive bullshitter who rarely follows through on what he says.
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He just says what he thinks people want to hear. Politics is a lie to him. He read his audiences well when he started out. If the people seemed uncomfortable with where he was going, he changed and said what they wanted to hear,
 
Crepitus said:
Wow, you just believe all that shit, don't you.
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I watch it occur at the grocery store pretty regularly. Obese people with carts brimming with soda and snack foods, everything pre-processed. Not a single package of raw ingredients, meat, or vegetables present. Then they pay with an EBT card at the register.

Stupid hurts. Those people are squandering their funds on expensive shit rather than buying less expensive items you have to prepare. But that requires things like learning how to cook, reading recipes, and doing simple math. All of that is too much effort and beyond them.
 
Noking said:
Wasn't Crazy Trump going fix this problem on day one.

In 2025, nearly one in five adults ages 18 to 64 — almost 20% — paid for groceries with savings, and nearly one in 20 — more than 5% — bought them with cash from a payday advance loan.
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Argument from randU fallacy. Made up numbers are not data, Stooge.
Noking said:
Those are two of the findings of a survey by the Urban Institute, a Washington, D.C.–based nonpartisan think tank that conducts economic and social policy research.
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Argument from randU fallacy.
Noking said:
Its Well-being and Basic Needs Survey for 2025 also revealed that although nearly 35% of adults 18 to 64 who paid for groceries with a credit card paid the bill in full when it came due, more than 19% paid less than the full balance, and almost 9% did not always make the minimum payment. Contrast that with 2023, when around 7% did not make the minimum payment.
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Argument from randU fallacies.
Noking said:
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Random numbers are not data, Stooge.
 
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