That article prompted me to  wondered whether Wisconsin’s grocery prices had moved up faster than the Nation’s. They have!

“Everything is so damn high,” she said, shaking her head at $3.09 bottles of Coca Cola. “Good ol’ Biden.”

“When Trump was president, there wasn’t inflation,” she said. “We could afford food.”

Affording food relies on both cost and income. We can kind of observe costs – although not specifically for Wisconsin. We can see them for East North Central (Wisconsin, Michigan, Illinois, Indiana, Ohio).

Figure 1 shows that food at home prices in East North Central have risen more than nationally, but less than the Midwest overall.

On the other hand, the cumulative gap between food prices and overall CPI is wider than at the national level.

In the last quarter of 2023, the gap was about 4.5 percentage points

Keep reading this article on Econbrowser Blog - James Hamilton & Menzie Chinn.

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