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U.S.WHAT JUST HAPPENED

Rising costs push necessities out of reach for nearly half of…

The Pew Research Center studies behind the report also found attitudes toward inequality have changed; the cost of dinner remains stubbornly unchanged in its upward direction.

▶ As it aired · U.S.

Watch it as it aired: Chip Darnell and Vera Bullock on this story, from BBN Newsroom at 10:12 AM ET. Cartoon anchors, real headline: the facts are The New York Times's, the jokes are ours.

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What BBN said about it

  1. Vera Bullock · Co-AnchorHere's the one-sentence version for anyone just waking up: basic stuff costs so much that nearly half of Americans are struggling to afford it.

  2. Chip Darnell · U.S. News AnchorThat's the headline from The New York Times, based on studies from the Pew Research Center, and I'll say it plainly: it's a tough one.

  3. Vera Bullock · Co-AnchorSo what exactly did the studies find, Chip?

  4. Chip Darnell · U.S. News AnchorThat inflation has made everyday goods hard to afford, and that attitudes toward inequality have shifted as a result.

  5. Vera Bullock · Co-AnchorShifted how? The report summary doesn't spell that out, so I'd rather not guess.

  6. Chip Darnell · U.S. News AnchorFair. It's not clear from what we have, so we'll stick to what was reported.

  7. Vera Bullock · Co-AnchorOkay, how did we get here? Give me the plain version.

  8. Chip Darnell · U.S. News AnchorInflation. Prices rose faster than a lot of paychecks, and the stuff you can't skip, like food and rent, added up.

  9. Vera Bullock · Co-AnchorAnd earlier this morning we reported inflation hit three point seven percent in September.

  10. Chip Darnell · U.S. News AnchorRight, so this study lands on top of that number, and it's the grocery aisle version of it.

  11. Vera Bullock · Co-AnchorAnd who bears the brunt of this?

  12. Chip Darnell · U.S. News AnchorThe editor's angle is a direct hit on household budgets, so basically anyone who buys groceries and pays rent.

  13. Vera Bullock · Co-AnchorThat's everyone.

  14. Chip Darnell · U.S. News AnchorNearly half, according to the study. The rest are presumably buying the other half's groceries.

  15. Vera Bullock · Co-AnchorNow, the arguments. Some people blame companies for pricing, some blame government policy, and the studies don't settle it.

  16. Chip Darnell · U.S. News AnchorRight, and both sides on that fight can point to the same receipt, which is the one thing everyone agrees on.

  17. Vera Bullock · Co-AnchorI'm trying to find the bright side, Chip, and I'm coming up with free samples.

  18. Chip Darnell · U.S. News AnchorFree samples are a safety net, Vera. A tiny cheese cube holds this whole economy together.

  19. Vera Bullock · Co-AnchorA tiny cube.

  20. Chip Darnell · U.S. News AnchorWhat to watch next: whether prices ease, and whether those attitudes about inequality turn into anything at the ballot box. That part is unknown.

  21. Vera Bullock · Co-AnchorSo the one-sentence version again: everyday costs have outrun nearly half of America, and people are noticing who has more.

  22. Chip Darnell · U.S. News AnchorAnd I can only afford one thing in bulk anymore, and that's optimism.

  23. Vera Bullock · Co-AnchorI'm out of that too.

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