Of course it's bullshit. The sky always has to be falling on Faux News, that's how they keep the viewers scared, angry, and watching.

MSN puts it at about $50:

https://www.msn.com/en-us/money/markets/kevin-mccallister-s-grocery-haul-in-home-alone-in-1990-was-20-see-what-it-would-cost-now/ar-AA1ldFjI

Even Snopes puts it at about $50 (last year's pricing): https://www.snopes.com/articles/464088/kevin-groceries-home-alone-cost-today/

So Fox, as usual, is full of fearmongering shit.

I'm not trying to downplay the idea that stuff is getting too damn expensive, it really is out of hand, just that Fox is garbage.

This is the end game for corporations in a capitalist economy. You start with a bunch of little companies. They eventually winnow themselves out until there's only a few companies. Those companies then form a monopoly or a cartel and then they dictate prices to the consumers. All the while they're decreasing their costs and providing the least amount of product for the highest price.

It's a race to the bottom. Unfortunately this system is all we've got.

Yeah this is a bad post. Thanks for calling it out.

It's so depressing when you remember that some of the stupidest voters in the country (of which there are a LOT) watch fox news as their only source of news. Has there ever been a larger propaganda outlet throughout history? I guess China and Russia probably have government controlled TV stations that rival it in terms of audience numbers.

But then it states "Today’s prices are about 2.35 times higher than the average prices were in 1990, according to the Bureau of Labor Statistics."

From that article:

Not adjusting for inflation and differences in packaging sizes results in a higher total of $72.63.

So not adjusting the $1 coupon for inflation and not adjusting for things like the smallest TP package today being 6 rolls and the one in the movie being 4 rolls gets awfully close to (actually over) the number from the image.

Given you can't purchase partial container sizes at stores and coupons still tend to come in full dollar amount values including frequently $1 and don't have terms that adjust for inflation, I don't think one methodology here is inherently more correct than the other.

This is something I've been saying for years. People use Inflation Adjustments that show that, say $1 million in 1970 is $10 million today But the reality is that $1 million in 1960 was a vast fortune that would purchase a Manhattan townhouse, a few super cars, and a dozen small businesses. $10 million today will buy you a decent life, but not staggering wealth.

I thought minimum wage was 15/h?

Where's their number coming from

Their ass, it's Fox News.

Sad thing is that a 364% increase from 1990 to 2023 didn't even feel that big to me. In my country the price probably increased between 1000% and 1500% in this period (considering our local currency). However in USD the same items are probably still cheaper here than they are in America.

This TikTok https://www.tiktok.com/@sellitlikelyons/video/7305957178521750830 I think?

What? Are you saying that Faux Noise would tell another bald face lie like the election was stolen or vaccines are harmful?

/s because Fox News viewers are so stupid

Kids these days. I remember when this was a forest and you could get a piece of pie and a newspaper for a quarter