Posted on 07/16/2014 5:24:54 PM PDT by blam
By Michael Snyder
July 16th, 2014
The basic necessities in life just keep getting more expensive. On Tuesday, Hershey announced that the price of all of their chocolate bars is going to go up by about 8 percent. That is particularly distressing to me, because I am known to love chocolate. But if it was just chocolate that was becoming significantly more expensive perhaps that would be okay. Last month, it was coffee. J.M. Smucker, one of the largest coffee producers in the United States, announced that it planned to raise coffee prices by about 9 percent. And Starbucks has announced a bunch of price increases across the board on their coffee products. Of course we could all survive without chocolate and coffee, but as you will see below just about every food category is becoming more expensive. If this keeps up, could we eventually see armed guards in grocery stores and on food trucks?
On Wednesday, Robert Wenzel of the Economic Policy Journal shared some new data that has just been released by the federal government about food inflation over the past year. Without a doubt, these numbers are quite startling...
According to the latest data released today by the Bureau of Labor Statistics, year-over-year gains in some food products at the producer level have been truly spectacular.
* Eggs for fresh use are up 33.9%.
* Pork is up 28%.
* Processed turkeys are up 20.4%.
* Dairy products are up 10.7%.
* Fresh and dry vegetables are up 8.4%.
* Fresh fruits and melons are up 7.5%.
Unfortunately, paychecks for most American families are not going up at similar rates.
(snip)
(Excerpt) Read more at theeconomiccollapseblog.com ...
It would help if you included either a width or height spec for that image.
Why would you post an image that’s larger (3,300px x 2,550px) that larger than most monitors?
Diet Rite, my fav, jumped from $1.00 to $1.38.
Sargento Cheese just jumped by more than a dollar.
But we can’t include food and energy inflation when figuring gvt benefits for Social Security recipients. Oh, no, we can’t do that
ping for later reference.
Well, in any bag of chips about 95% of the bag is air. But you make a fair point that package sizes have been smaller to keep prices down...
“But we can’t include food and energy inflation when figuring gvt benefits for Social Security recipients. Oh, no, we can’t do that”
Things we actually use are excluded from that calculation. Orwellian logic.
They won’t do it because then they can’t get away with a measly 1.5% or even 0%. They’d prolly have to make it 5% or so and Soc Sec would go bankrupt just that much faster.
Preppers’ PING!!
speak for yourself man, I gotta have the coffee.
Thanks, Kart
Yes, they want the slow death for us, vs just getting it over.
I had fun showing my granddaughters how to grow potatoes. Took a little over two months for a 1 foot by 4 foot patch to grow a huge bag of potatoes which we dug up a couple weeks ago. We had french fries and chips cooking for over a week. Yum. Cost nothing other than the olive oil to cook them, and salt. Don't buy them, grow them. We've been picking onions and tomatoes, next up are green beans.
” Have you bought a bag of chips recently? More than half the bag is air.”
Been that way for years, and is done for a reason. They are not doing it to “rip you off”.
The “Air” is actually nitrogen which keeps the chips fresh and keeps the oil from going rancid. It also helps cushion the product during shipping so you don’t end up with a bag of crumbs.
If they didn’t package it that way shelf life would be very short, spoilage loss would go up (Thus so would the retail price) and the chips would be of lower quality when you get them.
He picked a bad example; a better one would be ice cream.
Formerly sold (most commonly) in half-gallon containers, now it’s a quart-and-a-half.
Or toilet paper. There was a time the standard sheet was 4.5” x 4.5”. I’ve seen it as small as 3.7 x 3.9 in the modern era.
Or a pound of coffee - now 11 or 13 ounces.
It’s absolutely true. The “free” food of the moochers is currency in a lot of places here.
A guy was arrested a few years back for eating a package of ground beef as he walked around the supermarket.
..and size and quantity reduction along with the price inflation.
I'm willing to learn if you would be so kind and teach/tell me how.
Chips used to come in a 12 oz bag. That same bag now only holds 10 oz, and I’m already starting to see some flavors at 9.5 oz. When all this started a lot of companies introduced a higher priced, one pound “family sized” bag. Those are now 14 oz, and, having double checked on walmart.com, going down to 13.5 oz.
it is another form of inflation. They reduce the content instead of raise the price. It demonstrates that they are in cahoots with Obama’s administration.
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