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General (23) Jennifer L. Hall From:Surya Setty <suryasetty23@gmail.com> Sent:Monday, To:Public Comment Subject:\[EXTERNAL\] City Council Meeting Agenda Item for Consideration | December 6th, 2022 Warning: This email originated from outside the City of Anaheim. Do not click links or open attachments unless you recognize the sender and are expecting the message. Hello City of Anaheim, My name is Surya, and I attend Savanna High School. I would like to present the item of inflation, especially in terms of food security in our community of West Anaheim. This problem has been especially exacerbated over the pandemic and inflation over the past year. This problem takes away from family budgets and amplifies poverty in our community. Background Information: Rising Costs of Living are making the lives of people in our district worse. As of September 2022, food prices have increased by 13.5% year over year. Rising food prices are so drastic that consumer habits have changed. Consumers go to the store less often, buy in bulk, and shop online less often. These prices invade our household budgets and result in poorer lives for the everyday individual. We would also like you to recognize the effects of “shrinkflation” affecting both the size of products and price of products. This process often permanently reduces the size of products and increases the price of such products, resulting in inflation often being larger than reported for the same product. Rippling supply chain complications have been the primary hindrance in re-establishing fixed consumer food prices. Workforce reductions have been slow in repair since the 2019 pandemic, and since then it has become increasingly difficult to garner support in favor of policy change and consumer demand due to the fact that the issue at hand has stagnated. Because the supply chain is without the ability to be directly controlled, it subsequently cannot be directly addressed. Instead, a number of work-around policies must be employed in order to affect the problem. With Best Regards, Surya Setty Senior at Savanna High School Thriving is more than just surviving. Relevant Sources: 1. 2. 3. Consumer Prices Index. 4. U.S. Bureau of Labor Statistics, 1 5. https://www.bls.gov/cpi/ 6. 7. 8. 9. Rienicke, Carmen. Consumers changing eating, shopping habits as inflation pushes up prices. 10. CNBC, 11. https://www.cnbc.com/2022/06/09/consumers-changing-eating-shopping-habits-as-inflation-pushes-up- price.html 3. 4. 5. Horsley, Scott - How Americans are adjusting to record inflation. 6. NPR, 7. https://www.npr.org/2022/04/16/1093189733/how-americans-are-adjusting-to-record-inflation 8. 9. 10. 11. De Witte, Melissa. What causes inflation? Stanford scholar explains. 12. Stanford News, 13. https://news.stanford.edu/2022/09/06/what-causes-inflation/ 14. 15. 16. 17. Hodge, Andrew (2022). 18. The US Economy’s Inflation Challenge. 19. IMF Western Hemisphere Department, IMF, 20. https://www.imf.org/en/News/Articles/2022/07/11/CF-US-Economy-Inflation-Challenge 21. 22. 23. 24. Freemark, Yonah (2022). 25. What Rising Gas and Rent Prices Mean for Families with Low Incomes. 26. Urban Institute 27. https://www.urban.org/urban-wire/what-rising-gas-and-rent-prices-mean-families-low- incomes#:~:text=Housing%20and%20transportation%20are%20the,Americans%20who%20commute% 20by%20car. 7. 8. 9. Gas Prices stretch Family Budgets 10. (2022). Public Policy Institute of California 11. https://www.ppic.org/blog/gas-prices-stretch-family-budgets/ 8. 9. 10. ‘Shrinkflation’ accelerates globally as manufacturers quietly shrink package 11. sizes (2022). NPR 12. https://www.npr.org/2022/06/08/1103766334/shrinkflation-globally-manufacturers-shrink-package-sizes 13. 2