Thank you Ted Cruz for mentioning grocery prices! I went for my weekly case of sticker shock earlier today
No COLA because gas prices are less. But groceries and everything else went up. I’m so sick of being screwed by the tyrants in Washington.
Funny, my wife came home last night and said she couldn’t believe hamburger was over 5 dollars a pound.
“but just interesting how prices keep rising, yet no inflation is reported....”
Obama changed the formula to determine inflation rate - now it doesn’t use groceries price or gas price to determine inflation.
And the packages are getting smaller too ... Look at the ounces on a “half gallon” of OJ - it’s no longer a true half gallon ... same for ice cream, frozen fruit juice, frozen veggies, tuna fish, and everything else. The package size / content weight continues to decrease while the prices continue to rise. So the inflation is actually even worse than what we think.