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To: NC28203

I disagree 100%. The article, which I read, has a very clear statement in the second paragraph, first sentence. The accompanying graphic is 100% clear and easy to understand about some basic foods and what they have done over the year. The WSJ wrote it and posted it. Food Prices have risen recently and over the last year.

The rest of the article is opinion, some govt numbers and quotes from the business community.


55 posted on 11/09/2010 1:36:57 PM PST by roofgoat
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To: roofgoat

I’ll add, according the the WSJ article, here is what the govt thinks will be food inflation next year..

“The U.S. Agricultural Department is predicting overall food inflation of about 2% to 3% next year.”

Now I am not an economist, but 2 to 3% seems small. And if we are to believe the above govt prediction, why write an article about the fear of food inflation?


56 posted on 11/09/2010 1:49:36 PM PST by roofgoat
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