You Say Tomato, I Say Inflato

Hold the tomatoes. I’ve said that a thousand times in part because, despite my proclivity toward a nice Arrabiata sauce, I’m just not into tomatoes on their own, and in part because of definitional issues like the one exemplified in Wikipedia: “The tomato is a plant whose fruit is an edible berry that is eaten as a vegetable.” But these days, people are throwing nightshade at the old Solanum lycopersicum less for reasons of personal taste and more for reasons related to remaining financially solvent. A combination of crop yields, tariffs, and the Iran war has left restaurants and consumers slicing tomatoes out of their recipes. “Tomatoes, ubiquitous in everything from fast-food burgers to haute cuisine, are taking on a new role beyond the plate: A nagging reminder of rising costs. Prices for those red orbs have soared more than any other food product over the past year to cement a spot as one of the consumer headaches du jour.” AP: Tomatoes become latest symbol of America’s affordability squeeze.

+ For one segment of America, stories like this one are interesting asides with potential political ramifications; a dinner party topic to slice and dice over Bruschetta, Gazpacho, and Caprese. For a larger segment of people, it’s a serious bottom-line issue. And those two segments have never been more divided. WSJ (Gift Article): The Record Divide Between Corporate Profits and Worker Pay. “Labor’s share of economic output just hit an all-time low, while the profit share hit a near record. It helps explain why consumers feel so glum.” They’d probably be throwing tomatoes, if they could afford them.