Posted on 10/11/2022 7:22:54 AM PDT by Phoenix8
Food costs spiked 11.4% over the past year, the largest annual increase since May 1979, according to data released Tuesday by the Bureau of Labor Statistics.
Americans browsing the supermarket aisle will notice most food items are far more expensive than they were a year ago. Egg prices soared 39.8%, while flour got 23.3% more expensive. Milk rose 17% and the price of bread jumped 16.2%.
Ad Feedback Meat and poultry also grew costlier. Chicken prices jumped 16.6%, while meats rose 6.7% and pork increased 6.8%. Fruits and vegetables together are up 9.4%.
Overall, grocery prices jumped 13.5% and restaurant menu prices increased 8%.
(Excerpt) Read more at cnn.com ...
The local Walmart Grocery currently has 18-count of regular eggs at $5.36.
A couple of years ago, that same 18-count was running about $1.25.
But as soon as that Inflation Reduction Act kicks in ...
CNN pushed the BS that inflation was ‘transitory’. They’ve always been cucks. So F’em.
Not to worry our politicians are still living like their is no tomorrow..while telling us there is no tomorrow unless we keep giving them trillions of dollars to “save the planet” wink wink.
The politicians are living like there is no tomorrow in more ways than one.
All this financial talk will be meaningless if the warmongers keep us on this path to nuclear exchange. Im 49, lived through the cold war. I lived right between 3 high priority cold war bases all through my kid years. I am actually getting pretty freaked out how close we are to nuclear war. I caught myself watching the ducks flying south yesterday and the bees pollinating the flowers the other day, thinking, I don’t want to lose this. We can’t be this close to nuclear war because of the corrupt left leaning war mongers in washington.
> It’s not just energy costs but labor too. There’s labor issues. <
That’s right. Ten or twelve dollars an hour just isn’t attracting any help these days. So businesses must up wages, and then increase prices accordingly.
Another wonderful example of the Biden Effect.
Perhaps they’ll all lose their homes due to inflation and you’ll get new neighbors?
My grocery store had butter on sale at $3.50 this week. I bought 4 lbs. Will keep one in the freezer. The date was sometime in February, so it’ll hold until I use it.
Silly. This all caused by Putin and is actually a good thing.
The other day I had to ‘buy’ lunch. I stopped in at a Panera. There was a Now Hiring sign out front offering $24 per hour.
When I went inside to pay for a half-sandwich and bowl of tomato soup, costing well over $12...the little screen to pay asked if I wanted to add a ‘tip.’
I dunno, I just couldn’t bring myself to ‘tip’ before service. I find I have been getting far more resentful about things lately. But something about making $24 an hour to make a sandwich and microwave some soup just really irked me. Add onto that as I went to take a seat, none of the tables were even clean.
As a manager of a business, I watched the staff for a while. Some hustling and working hard, others standing around.
Irked and disappointed at the same time.
Wonderful, as eggs are my number one most consumed food…
I remind my wife to stock up on anything she sees.
I explain:
“We live in a third world country where chronic shortages and wacko rising prices are now normal—I call it “New Bidenland”.
Okey dokey
Our nearest neighbor (here in the sticks) raises chickens and is constantly begging us to take some of the eggs.
They figured out that a dozen chickens produce more eggs than one family can eat.
;-)
I eat 36 eggs a week.
Supermarket last week wanted $4 a dozen for eggs… not anything special nor brown, not cage free, just regular eggs
Walmart still had em around $2 which was still close to 100% higher than they were before the illegitimate administration took over
$8 bucks for a pound of bacon!
Giving the TDS crowd too much credit and assumes they've capacity for critical thought.
Actually wings have come down in price (somehow) - at markets anyway. Yet to see a drop in restaurant prices. I bought some raw wings at my local Italian market on sale for $1.99/lb. last week (5 lb. minimum).
The restaurants probably think it is a temporary drop in price is my best guess.
All we are missing is “wage and price” controls, 17% mortgage rates and Iran capturing an embassy.
Toss in gas rationing for good measure.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.