Posted on 02/19/2014 6:02:47 AM PST by BlatherNaut
CBS News reports that the combination of food prices being inflated and the stagnation of wages is threatening the middle class. The report noted that staples such as chicken, ground beef, and bacon have skyrocketed in price since 2011: the price of chicken is 18.4% more than it was; ground beef is up 16.8%; and bacon saw a huge increase of 22.8% in price. These price hikes came despite the federal government’s sunny assertion that prices in general have only increased 6.4% in that period. Meanwhile, median income has only risen 1% each year, while the cost of college tuition has climbed 6% to 8% every year for at least forty years. ConvergEx market strategist Nick Colas commented, "Food inflation is far greater than the government thinks it is. The disconnect is severe, because it's the economists that make policy but it's the people who have to live with the outcome of that policy and that disconnect is growing to the point where I think it has to break soon.”
(Excerpt) Read more at breitbart.com ...
Should have pinged you to my post 77.
“...back when I was raising midgets...”
Here I am trying to save your life and you are making jokes - if you raise any more midgets and they work free, I could use some. :o)
They're funny as hell but don't get much work done.
Had to either sell 'em at a loss or let them loose outright.
The market tanked. Even trained ones. Freakin' worthless in this economy.
So you believe someone sitting at a desk in a climate controlled building and someone working physical labor outdoors in all kinds of weather should have the same diet?
Now is the time of year here in Texas to get yourself some good weeds for salads, and no I’m not trying to be funny.
(heavy sacasm)
Laz, you sooooo silly
if we don't do it, they'll drain us dry...you know they will....
if it takes manipulating numbers to get some freebies, maybe we should do it....most of those already on the freebie train are doing it...
I deal with unevolved people like you...never.
I hear the chest-beating a mile away, and avoid your type.
Snob. Some chest-beating. What a specimen you are. Geez.
Nope....but...I also believe a desk occupier can be a paleo diet type....just like the outdoor worker....
Smaller cans of tuna, too, so the price increase is much more than it seems.
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