Rising inflation puts squeeze on low-income families
“Advocates say while inflation is being felt by everyone, price hikes are particularly devastating to lower-income households that were already living on the margins.
‘Nearly all their expenses go to necessities — food, energy, housing — which have seen some of the largest increases at different points over the past year,’ said Lew Finfer, co-director of the Massachusetts Community Action Network. ‘People are really struggling.'”