You read yesterday about the shortages of food facing summer camps, forcing them to close down. And inflation is something every American is worried about right now, as Bidenomics takes a toll on Americans’ savings.
Now, inflation is hammering summer vacation for mom and dad too. Higher prices for seafood have forced a local Rhode Island seafood landmark, Flo’s Clam Shack, to stop serving its famous fried clams. They just cost too much.
Newport Daily News reports:
Shellfish are the backbone ingredient for many of New England’s most iconic dishes, but prices for some of the more popular invertebrates, like clams, have made getting them a luxury for Newport County restaurants.
And one popular restaurant known for its clams won’t be selling the dish for the foreseeable future.
High prices for shellfish during the summer is nothing new, said Michael Napolitano, owner of Macray’s Seafood in Tiverton. Generally, though, those prices increase significantly during August, at the tail end of the summer. Napolitano said this year he began paying those higher amounts for clams in May.
“Every week it’s been going up,” Napolitano said. “I’ve never seen it like this.”
Last week, Napolitano said he had to pay $185 per shipment for clams, well above the typical $30 per shipment. Stephen Bucolo, owner of Anthony’s Seafood Market and Restaurant in Middletown, said he’s seen prices in the $230 range.
In a social media post, Flo’s Clam Shack, which has locations in Middletown and Portsmouth, said the prices for frying clams climbed so high it will discontinue serving the iconic dish until the price drops. The post said it did not want to increase the price for the consumers.
Action Line: Americans can only take this inflation so long before their savings are exhausted and they’re forced into a lower standard of living. Many will no doubt flee the big, high-priced cities, and look for a better America elsewhere.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
- Rome, Paris, U.S.A.: Global Crisis in Confidence - June 2, 2023
- Your Survival Guy’s Best Insider’s Guide to Rome - June 2, 2023
- What Is a Fiduciary Duty? Are You Working with a Fiduciary? - June 2, 2023
- Survive and Thrive June 2023: Your Survival Guy in Rome 30-Years A.B. (After Babson) - June 1, 2023
- Birth Rates in France Worst Since Post-WWII Era - June 1, 2023