https://www.cnn.com/2022/09/13/business/grocery-prices-august/index.html
Recently, Applebee's and IHOP have reported an uptick in higher-income customers, who may be trading down from more expensive restaurants. And Tyson (TSN) has noticed higher demand for chicken as shoppers buy fewer pricey steaks.
I still live in a poor region of a poor country. I also lived in a poor part of the US for a while. The difference in abundance was night and day compared to what I was used to. So much food would be consumed and then thrown out, access to water that we still don't even have, and reliable electricity that isn't so much the case here. It's true that they lack a proper social life and other benefits of an enriched life because of cost of living and how car-centric the country is. I just think sometimes Europeans and Americans underestimate how much higher their standard of living is. The poor I saw in America still had drinking water and didn't have craters in their flesh from bugs eating out of it. Being poor in the poor parts of the developed world is awful and can mentally break someone, but being poor in a poor part of the global south is the stuff of nightmares. I live it every day and I still can't get over some of the stuff I've seen.
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