Do you believe the politicians in Washington or do you believe your own eyes?
The politicians keep telling us that “inflation is low”)
Posted on 12/08/2023 9:45:12 PM PST by SeekAndFind
-PJ
All sarcasm aside, I bet a fair number in this country do just that.
Because of the shortages in the last few years, I started paying a little attention to food futures so that I could stock up on canned goods ahead of big price jumps.
My anticipating prices did help a little in leading me to stock up on various meat products and coffee, if I thought beef would be going up then canned stew, canned chili, etc was the thing, canned chicken and canned chicken foods were something I stocked up on, same with canned vegetables.
It is nice to see cases of spam bought at $1.87 per 12 ounce can or Dinty Beef Stew for $1.91 for the 20 ounce can, or cases of canned chili bought at super low prices and that goes for all the related products, the meat-based soups, all the canned chicken products and such.
Thankfully the adults are in charge. John Kerry said we need to destroy farms and Gavin Newsom believes windmills will produce green electricity for the country( along with Joey B).
We must believe our elected leaders because they would never ever do bad things to American’s. Look how well they vaxesd and boosted and killed non essential businesses.
Give them a few more years. Send your children to Ukraine and feed 8-9,000,000 illegals...just believe.
Amen
...”People hate inflation, just not enough to spend less:...”
Kind of hard to spend less when everything costs more.
My homeowners insurance just went up 380%, with not one claim in 12 years. Liberty Mutual says that’s because the value of my home more than doubled. It has not. Everyone is on the inflation band wagon.
I know I will sound like a contrarian, but it’s good that your insurance company is increasing the value of your home. Home prices have skyrocketed and if you were to lose yours, you would not be able to purchase a similar home or rebuild at the rates from just a few years ago. Also, your contents coverage also increases as the home value increases, giving you more money to purchase whatever may have been lost.
As a Risk Manager, being underinsured is the first fail point in any recovery plan.
“ Maybe it should be called “apocalyptic spending.”
Local fried chicken house:
Small breast, small leg, fried okra, small roll, drink/$8.99 plus tax.
Over $9 for what cost less than $5 when Trump was President.
Thats just one example of inflation.
Mine has gone up as well, State Farm.
I was in our local car dealership yesterday and had a look at a few sticker prices...what a shock. My truck is 6 years old and the same truck has more than doubled in price. I can remember when my grandparents sold an 80 acre farm and house for less money.
Uncle Sam quit counting energy and food costs when computing the Consumer Price Index back in the Boi Clinton ‘90s. Social Security would have gone insolvent by now if they hadn’t started cooking the books back then. The real inflation rate (with energy and food counted) is probably as bad as, or worse than, the Carter era.
99 cents for Campbell’s soup 🍲🍲🍲 went to $2.26 under Biden (WalMart)
0.84 white bread 🍞🍞🍞 now $1.34
0.84 two liters pop now 1.38 or so
3-1/2 pound ham was almost $25 name brand
Great job, Democrats. Thanks a lot.
Yep.
BidenDepression 2023 / Spring, 2024
War - Inflation
The Great Reset
Globalism
Mine went up about $860 dollars in one year, from ~$2350 to ~$3210. That’s about 37 percent, and I’m not the only one, apparently.
Dunno how that’s good for the consumer in the long run. The companies can use their Blackrock overvaluations all they want*, but if lots of people drop their policies, the companies ultimately lose as well.
*Blackrock is infamous for buying homes at up to 3 times the list price and then making them into rentals. You will own nothing, etc.
But, is anyone complaining about the value of their home going up? Inflation is so much worse for the poor and less affluent. Congrats politicians, we're gonna get more of those people in the future.
BIDENOMICS: when 1990 “Home Alone” tyke, Macauley Culkin, bought a half gallon of milk, a half gallon of orange juice, a TV dinner, bread, frozen mac and cheese, laundry detergent, cling wrap, toilet paper, a pack of army men toys, and dryer sheets it cost $19.83.
Last year, the same grocery list cost $44.40,
and this year, the same items cost a whopping $72.28.
I’ve seen the prices of some things go down a bit, but prices of everything still remain pretty high. Houses, used cars and rent is just crazy high.
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