<html><head></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; "><div style="font-size: 8px; "><span class="Apple-style-span" style="font-size: 13px; "><a href="http://www.dailykos.com/story/2016/05/20/1528889/-Rising-inequality-creates-a-new-poor-people-tax-at-the-grocery-store?detail=email&link_id=19&can_id=977dbddaeb03416d8c9bff93998b05cd&source=email-donald-trumpa-psychiatrists-opinion-and-concerns&email_referrer=donald-trumpa-psychiatrists-opinion-and-concerns&email_subject=donald-trump-a-psychiatrists-opinion-and-concerns">http://www.dailykos.com/story/2016/05/20/1528889/-Rising-inequality-creates-a-new-poor-people-tax-at-the-grocery-store?detail=email&link_id=19&can_id=977dbddaeb03416d8c9bff93998b05cd&source=email-donald-trumpa-psychiatrists-opinion-and-concerns&email_referrer=donald-trumpa-psychiatrists-opinion-and-concerns&email_subject=donald-trump-a-psychiatrists-opinion-and-concerns</a></span></div><div style="font-size: 23px; "><br></div><p style="font-size: 23px; ">Poor people get hit with higher prices on basic purchases because
they often live in neighborhoods without supermarkets and have to pay
convenience store prices—or because they can’t afford to take advantage
of sales and stock up on discounted products. It’s pretty well-known
that these are ways it’s expensive to be poor (by people who care to
know, at least, as Republicans seem well able to stay ignorant). But a
Harvard graduate student’s research finds that <a href="https://www.washingtonpost.com/news/wonk/wp/2016/05/20/the-poor-pay-more-for-everyday-purchases-and-its-getting-worse-a-new-study-warns/" target="_blank" title="">the premium poor people pay</a> on everyday retail goods goes still further. Xavier Jaravel:</p>
<blockquote style="font-size: 23px; "><p>… <span>has found that prices are increasing by more than 2 percent a
year on average for goods purchased by consumers with household incomes
under $30,000, but by just 1.4 percent annually for those with incomes
above $100,000. </span></p>
</blockquote><p style="font-size: 23px; ">Why would that be? According to Jaravel, it starts with the fact that
we all might buy the same basic category of product, but we don’t all
buy the exact same thing. Higher-income people buy premium brands, and
Jaravel:</p>
<blockquote style="font-size: 23px; "><p>… found that relatively few new products made it into stores that
weren't premium goods. In other words, poorer consumers were more likely
to be buying the same products from year to the next.</p></blockquote><span class="Apple-style-span" style="font-size: 23px; ">When a new product arrives on shelves, retailers typically have to discount the price of older products ...</span></body></html>