Lowincome

Why do low-income customers pay higher prices in premium retail markets?

Why do low-income customers pay higher prices in premium retail markets?

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Five highlights from a new Energy Institute working paper. Consumer choice is generally a good thing. For much of the consumption that happens in my house – coffee, lego, bike parts – we understand our preferences, and our choices aren’t terribly complicated. This makes it easier to make good decisions. The other consumption categories are …

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Low-income voters may have supported Democrats' surprising performance in 2022

Low-income voters may have supported Democrats’ surprising performance in 2022

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Low-income workers who have seen substantial wage increases amid the pandemic may have helped bolster Democrats in the 2022 midterm elections after they were predicted to suffer heavy losses in Congress. . From the start of the first quarter of 2020 to the second quarter of 2022, wages for low-income earners far outpaced inflation, according …

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