Christopher Waldrop

GMA: Hot Dogs Will Take 'Big Bite' Out of Wallets

By Lyndsi Thomas | July 3, 2008 - 12:41

Sharyn Alfonsi, ABC Thursday’s "Good Morning America" used the Fourth of July holiday to exaggerate the effects that food prices are having on consumers. In its "Hitting Home" segment, reporter Sharyn Alfonsi reported on the price increases of certain Fourth of July barbecue staples, claiming that "Americans are gonna eat 110 million pounds hot dogs and that could take a big bite out of their wallets."

Alfonsi claimed: