KQEH Nightly Business Report January 14, 2011
so, the more we have to pay for food, the more we have to cut back on something else. > reporter: the other issue s that wages have not been rising, at least not by much. still, economist dean maki points out the recent cut in the payroll tax will put more money in americans wallets. >> so, what's happening now, consumers are going to be facing higher energy bills, higher food prices. but that's more than offset by the payroll tax cut right now. if this were to happen a few months from now, it would be a potentially more serious issue. >> reporter: energy and food costs are expected...