To: rightistight
Uh, wasn't Palin's quote: "everyone who ever goes out shopping for groceries knows that prices have risen
significantly over the past year or so..."
The response by the WSJ reporter was that the increase was not actually significant.
Who is misquoting?
To: freedomwarrior998
>>>Uh, wasn't Palin's quote: "everyone who ever goes out shopping for groceries knows that prices have risen significantly over the past year or so..."
>>>The response by the WSJ reporter was that the increase was not actually significant. Who is misquoting?
The article Palin cites to back her up actually states that last year was "the tamest year of food pricing in nearly two decades."
If you pick a single snapshot say, Septembers year-over-year increase in prices that was just 1.4%, far better than the 6% annual increase for food prices recorded in September 2008.
The run up in commodity prices is not the result of too much money chasing too few goods (quantitative easing), but is instead a result of fundamentals. Supplies of many commodities are down due to increased demand globally as a result of the global economic recovery and output issues in key producing countries (eg wheat in Russia). This is what is driving food prices higher.
22 posted on
11/09/2010 10:06:51 AM PST by
NC28203
To: freedomwarrior998
Just more lies by the criminal gangster government that we have. How ridiculous that they, with a straight face, exclude food and energy from “core” inflation and claim prices aren’t rising. What is more impactful to people EVERY DAY than food and energy prices?
23 posted on
11/09/2010 10:07:56 AM PST by
Newtoidaho
(Liberals are drooling buffoons backed by satanic goons.)
To: freedomwarrior998
The quoted article has a nice graphic showing beef prices up 13%, sugar up 9%, milk up 10%. Now that may not be much to a WSJ reporter but to many Americans that is significant, especially when the dropping dollar is causing other commodities and imported goods to go up in price at the same time.
53 posted on
11/09/2010 12:40:15 PM PST by
NavVet
("You Lie!")
To: freedomwarrior998
Uh, wasn't Palin's quote: "everyone who ever goes out shopping for groceries knows that prices have risen significantly over the past year or so..."
The response by the WSJ reporter was that the increase was not actually significant. What is or isn't "significant" depends upon one's income level and budget constraints.
66 posted on
11/09/2010 5:27:48 PM PST by
ApplegateRanch
(Made in America, by proud American citizens, in 1946.)
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