‘Gas Is Ridiculous’: Georgians Weather Inflation with Few State Solutions

Explainer
ECONOMY & BUSINESS
POLITICS & POLICY
TAXES,MONEY & GOVERNMENT
9 min read
1751 words
Beau Evans
Jun 17, 2022
Key Points
  • Gas prices have soared 35% – from $2.90 to $4.49 a gallon for regular fuel – over the past year.
  • Grocery prices for items like milk – 25% higher – and eggs – 43% higher -- have also spiked.
  • Will Federal Reserve interest rate hikes bring relief to Georgians struggling amid inflation?
The Gist From Atlanta to Savannah, inflation is pummeling people in Georgia. Costs have doubled recently to buy groceries or fill up the gas tank, leaving many Georgians asking what their elected leaders can do to help ease the financial pain. What’s Happening The perfect storm of global supply chain disruptions, heavy public spending on ...

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