Sensationalist Economics Reporting in Morning Brew

Quoted Shoppers are still spending on expensive dairy products amid inflation by Matty Merritt (Morning Brew) With grocery item costs up everywhere, even $10 butter feels like a reasonable little treat. Writing for Morning Brew, Matty Merritt covered “luxury butter.” According to the author: “With grocery item costs up everywhere, even $10 butter feels like a reasonable little treat.” I live in an expensive area of Brooklyn, New York City (even by the general standards of Brooklyn) and I would have to put effort into spending $10 on butter. Let it be said that $10 butter does not strike me as a “reasonable little treat.” Similarly, he writes about $15 pints of ice cream (I just bout a 46 oz tub of Turkey Hil Simply Natural ice cream at a local grocery store for $5) and $30 frozen yogurt (spending $30 on frozen yogurt is the result of frightening levels of Instagram and TikTok usage). It is one thing to write about some people spending like drunken sailors who spend too much time on…