Sticker shock at the grocery store

http://www.twincities.com/ci_17498475?nclick_check=1 ^ | 02/28/2011

[decisis]

nearly every supermarket aisle, food prices are starting to rise.

No...they started to rise about two years ago...they are skyrocketing now.

Exactly right. This is nothing new, food prices have been rising radiply for some time. And yet, the claim is there is no inflation but they must not include food and gasoline in those numbers because those two things are always through the roof. It's the same with unemployment numbers, they stop counting people who have been out of work a long time and say they have stopped looking but that's not true, they just can't find anything. Higher fuel prices mean higher cost of everything but they will skew the numbers to say everything is normal, inflation is under control, etc.

[phormer phrog phlyer]

I got a Big Mac for the first time in ages, it had shrunk in size considerably since the last time I had one. Shape of things to come.

[phormer phrog phlyer]

Aldis is a great place to shop, they generally have the best values around. Unfortunately, the closest one to where I currently live is about 1.5 hours away.

[DCBryan1]

foodie ping

[blam]

Get Ready For Retailers To Pass On Their $67 Billion Gas Prices Hit To You

[Freddd]

Bacon and that’s it.

I cut it up in 2 inch pieces, I fry it up, put in hot sanitized jars, process it- pressure canner 12 l.b.s for 75 minutes. (I use half pints). I wipe the rims of the jars with wet vinegar towel, to cut any grease residue that might keep the jars from sealing. That’s it, don’t put anything in it. Just the bacon.

There will be a small amount of liquid and fat in the jar.

The more you fry it, the crisper it will be after processing. It of course continues to cook in the jar. And yes, it turns out as crispy fried bacon browns right in the jar.

Simply warm up before eating it...it’s already cooked.

And yes, if you check USDA sites, it does tell you how to process meats in STRIPS...

[Vaduz]

You have this living thing down right good work.

[phormer phrog phlyer]

Nice looking home, where in WV are you? I’m in Thomas.

[Toddsterpatriot]

And what 2 commodities does the Gov. exclude from the inflation index ??

None.

You guessed it, food and fuel.

You guessed poorly.

[Red in Blue PA]

The so-called core rate of inflation, which excludes food and energy prices

http://www.washingtontimes.com/news/2011/feb/17/inflation-makes-comeback-prices-rise-food-fuel/print/

[Toddsterpatriot]

Data extracted on: March 9, 2011 (1:47:19 PM)

Consumer Price Index - All Urban Consumers

Series Id:    CUUR0000SA0
Not Seasonally Adjusted
Area:         U.S. city average
Item:         All items
Base Period:  1982-84=100

Download:

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Annual	HALF1	HALF2
2001	175.1	175.8	176.2	176.9	177.7	178.0	177.5	177.5	178.3	177.7	177.4	176.7	177.1	176.6	177.5
2002	177.1	177.8	178.8	179.8	179.8	179.9	180.1	180.7	181.0	181.3	181.3	180.9	179.9	178.9	180.9
2003	181.7	183.1	184.2	183.8	183.5	183.7	183.9	184.6	185.2	185.0	184.5	184.3	184.0	183.3	184.6
2004	185.2	186.2	187.4	188.0	189.1	189.7	189.4	189.5	189.9	190.9	191.0	190.3	188.9	187.6	190.2
2005	190.7	191.8	193.3	194.6	194.4	194.5	195.4	196.4	198.8	199.2	197.6	196.8	195.3	193.2	197.4
2006	198.3	198.7	199.8	201.5	202.5	202.9	203.5	203.9	202.9	201.8	201.5	201.8	201.6	200.6	202.6
2007	202.416	203.499	205.352	206.686	207.949	208.352	208.299	207.917	208.490	208.936	210.177	210.036	207.342	205.709	208.976
2008	211.080	211.693	213.528	214.823	216.632	218.815	219.964	219.086	218.783	216.573	212.425	210.228	215.303	214.429	216.177
2009	211.143	212.193	212.709	213.240	213.856	215.693	215.351	215.834	215.969	216.177	216.330	215.949	214.537	213.139	215.935
2010	216.687	216.741	217.631	218.009	218.178	217.965	218.011	218.312	218.439	218.711	218.803	219.179	218.056	217.535	218.576
2011	220.223

CPI-U, ALL ITEMS.

[Red in Blue PA]

The core rate EXCLUDES food and energy. What do you have an issue with?

That is a FACT!

[Toddsterpatriot]

The core rate EXCLUDES food and energy.

CPI-U includes everything.

What do you have an issue with?

The silly claim that the government is trying to fool people by releasing a number that excludes food and energy.

[Ro_Thunder]

This may sound crass, but why buy name brand TP? By the TP with the “bunny” on it - it’s a Wal-Mart brand (Great Value), but it’s soft, strong, and cheaper than name brand.

Great Value: Ultra Strong Bathroom Tissue, 12 Ct

[OB1kNOb]

Start stocking up.

Have been. Got home from work yesterday and saw three cases of canned crushed tomatoes. Wife said she caught them on sale for 79 cents each, and these are large cans, not regular sized.

When I first walked in and saw the cases I told her, "I see you've been doing a lot canning today." She said, "Yep and I plan on canning some more tomorrow." I guess it's our little joke.

[Red in Blue PA]

The CORE rate (you know, the one which excludes food and energy) is often cited by the talking heads on TV and the elites in the media.

What world do you live in where the CORE rate is never used? I ALWAYS hear it referred to.

[The Big Boo]

up in the eastern panhandle, border of hardy and hampshire counties...little place called Rio...

The Big Boo

[Vinnie]

Has the BLS removed food or energy prices in its official measure of inflation?

No. The BLS publishes thousands of CPI indexes each month, including the headline All Items CPI for All Urban Consumers (CPI-U) and the
CPI-U for All Items Less Food and Energy. The latter series, widely referred to as the "core" CPI, is closely watched by many economic analysts and policymakers under the belief that food and energy prices are volatile and are subject to price shocks that cannot be damped through monetary policy.
However, all consumer goods and services, including food and energy, are represented in the headline CPI.
http://www.bls.gov/cpi/cpiqa.htm#Question_1

We are both right.
But don't quit your day job.

[Toddsterpatriot]

The CORE rate (you know, the one which excludes food and energy) is often cited by the talking heads on TV and the elites in the media.

Check this out from the link in post #70.

A report from the Labor Department on Thursday showed consumer prices rose by 0.4 percent in each of the past two months — or a 4 percent annual rate over the last quarter fed by the biggest gains in food prices in two years and surging energy prices.

Does that sound like the Labor Department is excluding food and energy? Hiding food and energy?

What world do you live in where the CORE rate is never used?

Do you know what the core rate is used for?

[nurees]

No Kidding!! Have you seen a Reeses Cup lately? Half the package is empty. Coffee, yogurt, bread slices, etc.