Paul Krugman may not think the 4.2% jump in consumer prices in April is “a very big deal,” but to Americans who aren’t out-of-touch elitist snobs, it kind of is a very big deal.
U.S. consumer prices increased 4.2% in April, compared with a year ago. In 2020, before this increase, one in five Americans already reported struggling to afford food at some point in the past 12 months. https://t.co/LVhlcagmiz pic.twitter.com/K1GgDULwcj
— GallupNews (@GallupNews) May 12, 2021