NPR logo Lobsters Vs. Bologna

Lobsters Vs. Bologna

In the 1940s, a big catch. Now, cheap like lunch meat. KGBKitchen hide caption

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KGBKitchen

Just got this economic indicator from my in-laws:

"We were in Maine over Memorial Day weekend. Lobstermen are upset because lobsters are selling for the same price as bologna."

Trucks on the side of the road were selling them for $4 a pound.

This news story from Canada (headline: "Bologna, $7.69/kg; Lobster, ditto") blames the economy.