Food and gas prices continue to rise, putting strain on Americans' budgets

https://www.msn.com/ ^ | 8/15/2023 | Story by Casey Harper | The Center Square

[RomanSoldier19]

Food and gas prices continue to rise, putting a strain on Americans’ budgets even as reports shows inflation is slowing.

Gas prices have risen significantly in recent weeks, according to pricing data from AAA. Gas prices hit a record high earlier in the Biden administration, surpassing an average of $5 per gallon nationally, before dropping back down.

Now they are rising again, currently at $3.85 per gallon of regular gas, up from $3.82 a week ago and $3.57 a month ago. In the last month, diesel prices have risen from $3.86 per gallon to $4.13 per gallon.

Food prices have risen as well. The U.S. Bureau of Labor Statistics last week released its Consumer Price Index and Producer Price Index, two key markers of inflation that showed prices rose less than half a percentage point last month.

The CPI rose 3.2% in the last 12 months, and the PPI rose 0.8% over the same period, higher than expected.

[RomanSoldier19]

[SaveFerris]

The disastrous Joe Biden Administration - wild inflation and sending $200 billion overseas.

American taxpayer money to everywhere but American taxpayers.

[lightman]

Official “inflation” does not include food and energy.

It’s a card trick.

[lightman]

But we’re tweaking Putin’s nose.

/s

[SaveFerris]

Woohoo!!

[bray]

America misses $1.80/gal gas.

[AAABEST]

Or housing!

Modern inputs for CPI calcualtions are just a joke, as are the actual numbers themselves.

[lightman]

All designed to keep the Social Security COLAs well below what is really needed to keep pace....as well as those Ebeneezer Scrooge employers who look at the SSI COLA and say “we’ll go a little UNDER”.

[Noumenon]

That’s Bidenomics!

[EvilCapitalist]

And don’t forget electricity prices. In the past two months my electric bill has gone up astronomically. /FJB

[Drew68]

America misses $1.80/gal gas.

I'm in California. I miss $3.85 gas!

[Governor Dinwiddie]

And that's where we peons spend most our money — food and energy.

[EvilCapitalist]

But it was worth it to get rid of the bad orange man. /typical leftist thinking

[Some Fat Guy in L.A.]

And go buy a car, a major appliance, HVAC system or a new roof.

[DennisR]

We paid over $77 for two - TWO - bags of groceries today. No meat. Yogurt, chips, cauliflower, peppers, broccoli. Nothing exotic. Thanks Joe Biden and Congress!!! :(

[No name given]

I know I do!

[RomanSoldier19]

[lightman]

BINGO!

The game is to make us who live in day to day paycheck to paycheck reality believe that WE are the delusional ones.

[Deo volente]

Gas here in Los Angeles is $5.39 at many stations.
Food is skyrocketing too.

Bidenomics!

[lightman]

At least there are no more ‘mean Tweets”.

/s