When anesthesiologist June Lee’s friend asked whether she wanted to go to a baseball game this summer, she paused.
The seats were considered “cheap seats,” but they were still $100 per ticket (she needed four for her family), plus the cost of any food, beer and transportation. Weighed against the soaring prices of everything, a double-digit decline in her 401(K) balances and potential recession, she said thanks. But no thanks.