[Steve_Seattle]

"An inflationary tide is beginning to ripple through America’s supermarkets and restaurants, threatening to end the tamest year of food pricing in nearly two decades."

I don't know exactly when it happened, down to the month, but within the last 18 months ALL of the restaurants that I frequest jacked up their prices by a buck or two for most entrees. Since we are talking about entrees in the $10-14 price range, that represents a hike of about 8-12%. So if they are claiming there was no increases in food prices during that period, I frankly don't believe their statistics.

But, getting back to the quote, the reference to an "inflationary tide" in recent months renders Palin's characterization of the story quite fair and reasonable. It is certainly not a gross distortion.

[NC28203]

>>>But, getting back to the quote, the reference to an “inflationary tide” in recent months renders Palin’s characterization of the story quite fair and reasonable. It is certainly not a gross distortion.

Well if a QE2 is going to result in a 1.4% “inflationary tide” for food prices, then I guess we don’t have that much to worry about.