Posted on 02/10/2022 3:19:25 PM PST by Kartographer
They blamed COVID-related supply issues, as well as high labor costs and rising expenses for fertilizer and other farming necessities. Goldman’s forecast is the latest gut punch for U.S. consumers grappling with rising costs for practically everything, from rent to food.
It also serves as a shot across the bow of election-minded politicians who already know inflation will be perhaps the single biggest issue going into the November midterms.
For working families, another 6% increase in grocery prices would make it even harder to get ahead. Since the start of the pandemic, food costs have jumped by about 11%. Wages over the same period have declined by 1.2%.
Well, we’ll just have to build a higher roof.
The keyword is “again”
Tomorrow is still $5 Friday at Safeway. The 2 pound brick of cheese on sale usually goes for $5 but this week it’s $5.99 with a coupon. I’ll buy 2 because it won’t go back down to 5.
Just got some Boar’s head pastrami, $16.98 a pound.
Up 30% in a few short weeks.
Coke in Walmart $3.00 to $3.88 over last few weeks. Same Sixpack almost 7 bucks in Publix.
womyns, childrens, minority’s, lgbtq hardest hit
Ping
This will send Braindeads polls into the negative zone. Yeah baby!
Oh, the humanity.
(/s)
13 lb spiral uncured ham $80.51
What will Jen say?
Maybe “the Canadian trucker caused inflation all over America has been duly noted by the Biden Administration.”
Price of butter seems to have skyrocketed around here.
I stockpiled beef and bacon about 6 months ago and not running low.... yet.
Winter heating bills are going to shock a lot of people.
I just got my Feb natural gas bill for my small 2-bdr apartment — $124. Last Feb it was $84. That is a HEFTY increase and the highest it has ever been in the 12 years I have lived here. Usually, the highest winter heating bills have been in the $65 range.
Along with the rent increase, cable increase, Medicare part B increase, etc., any Social Security COLA gets eaten up quickly.
I appreciate how you meant that comment but reality is is those folks will get a raise in their food stamp budget and it won’t bother them at all.
Inflation will be a key campaign issue? I thought Jan 6th was supposed to be the issue??? Isn’t inflation Trump’s fault?
Cable if it’s optional for you is something to cut so to speak.
Yep dairy definitely is up up up.
you know who really gets screwed? retired folks on a fixed budget
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