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Food prices soar as incomes stand still
CBS ^ | February 15, 2014, 8:02 PM | Michelle Miller

Posted on 02/17/2014 4:03:22 PM PST by Red in Blue PA

NEW YORK - Writer Jen Singer, the mother of two teenage boys, wrestles with her grocery list every week to keep the household budget from getting away from her.

"I'd like the government to stop by my house, come food shopping with me and see where the real costs are," she said.

The adage "An apple a day keeps the doctor away" is impossible thanks to apple prices, she said.

"We go through one of these every few days," she said, holding a loaf of bread. "It's a big part of my take home pay."

(Excerpt) Read more at cbsnews.com ...


TOPICS: News/Current Events
KEYWORDS: obamacare; recession
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Welcome to the Obama economy.
1 posted on 02/17/2014 4:03:22 PM PST by Red in Blue PA
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To: Red in Blue PA

This is not conclusive. Check out the 1 year graph for food commodities prices. Some indeed are going up, but others are going down.

http://money.cnn.com/data/commodities/


2 posted on 02/17/2014 4:07:29 PM PST by yefragetuwrabrumuy (WoT News: Rantburg.com)
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To: Red in Blue PA

Hide the Decline, not only work for Gore-Bull Warning, but the state of the economy as well and winter is about to hit...


3 posted on 02/17/2014 4:07:31 PM PST by GraceG
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To: Red in Blue PA

At first I was surprised that this topoc was written up in the MSM.
Then I remembered that “economic inequality” is one of the two major Dem campaign themes this year.


4 posted on 02/17/2014 4:08:06 PM PST by nascarnation (I'm hiring Jack Palladino to investigate Baraq's golf scores.)
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To: Red in Blue PA

Bring back jobs to America.

Just saying.

People will vote for politicians who support Americans.

Americans want to work.

GOP bring back American jobs. Now. Don’t wait for dems to seize this issue.

American jobs.


5 posted on 02/17/2014 4:10:16 PM PST by Cringing Negativism Network ( http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network

Give me three specific policy inititiatives to accomplish your goal. None of them may be longer than 20 words.


6 posted on 02/17/2014 4:14:48 PM PST by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: yefragetuwrabrumuy

Food prices have been rising for the last 6 years, and it’s been in spurts and not always the same thing obviously.

The commodity prices may not be rising as drastically, but the finished goods for the most part have risen dramatically at one point or another over the last 6 years.

I’m not even factoring in the “hidden” inflation due to portion shrinkage. For example, look at a simple microwave Burrito in the frozen food section and you will find a much, MUCH smaller version than what you got a few years ago at a slowly increasing price. Up until recently, that same smaller Burrito was stuffed inside the old wrapper which was made for something 3 times its size and I got a good laugh out of that.


7 posted on 02/17/2014 4:16:10 PM PST by Pox (Good Night. I expect more respect tomorrow.)
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To: Red in Blue PA

Jen Singer... you were probably eating steak twice a week under Bush... and you probably voted for obama.


8 posted on 02/17/2014 4:17:07 PM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: LibLieSlayer

Jen just needs to get some EBT and she’ll be eatin’ jus fine.


9 posted on 02/17/2014 4:18:50 PM PST by nascarnation (I'm hiring Jack Palladino to investigate Baraq's golf scores.)
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To: Lurker

How about just one:

Raise taxes on imports. All imports. One flat fee, on every single thing imported into America.

Food. Oil and gas. Manufactured goods.

The question is what percentage to charge, in taxes. We should charge everything imported into the United States one flat fee.

We are 17.25 trillion in debt. And growing. Fast.

We cannot continue this way. Our entire country will collapse.

I’m serious.

Bring back American jobs.


10 posted on 02/17/2014 4:20:34 PM PST by Cringing Negativism Network ( http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: yefragetuwrabrumuy

It doesn’t matter if the commodity price of sugar, wheat, and soybeans is down YOY. With increased transportation and production costs, the price of the end product - a loaf of bread, a pack of cookies, etc. is UP, way up.

Last year, this time, I was able to buy two loaves of BJ’s brand bread for 1.99. This year, the same exact product costs 2.69. That’s a 35% increase in the price of a loaf of bread YOY. Huge increase.


11 posted on 02/17/2014 4:21:25 PM PST by old and tired
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To: Pox
I’m not even factoring in the “hidden” inflation due to portion shrinkage.

Not long ago a coworker brought a can of soup for his lunch. I remember staring at it trying to figure out how old that can was, because it was the same size I remembered them being when I was a kid.

Then I noticed the "33% More Inside" label.
12 posted on 02/17/2014 4:21:48 PM PST by Ellendra ("Laws were most numerous when the Commonwealth was most corrupt." -Tacitus)
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To: Cringing Negativism Network

A large percentage of Americans don’t want to work. Many of them figure there is still enough wealth to be redistributed to them.


13 posted on 02/17/2014 4:22:40 PM PST by CPO retired
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To: Pox

“I’m not even factoring in the “hidden” inflation due to portion shrinkage. For example, look at a simple microwave Burrito in the frozen food section and you will find a much, MUCH smaller version than what you got a few years ago at a slowly increasing price. Up until recently, that same smaller Burrito was stuffed inside the old wrapper which was made for something 3 times its size and I got a good laugh out of that.”

You’re absolutely right; a while back somebody posted a picture of two rolls of toilet paper (same brand) in which the width shrinkage was impossible to miss...


14 posted on 02/17/2014 4:23:13 PM PST by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: Red in Blue PA

Change you can believe in! Keep the change Barry.


15 posted on 02/17/2014 4:24:22 PM PST by rdl6989
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To: nascarnation

ebt, snap, and heck... go for Social Security Disability while she is at it... rent subsidy and with her snap... she gets a free obamaphone... with 250 minutes free a month! She can lie and get two!


16 posted on 02/17/2014 4:24:50 PM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: Cringing Negativism Network

Those taxes are called “tariffs”, and they are specifically mentioned in the Constitution. So you get a point for that.

Now please tell me exactly how much more you think Americans should pay for a gallon of gasoline since you mentioned oil specifically. Is another dollar enough, not enough, or too much?

How much more should a banana cost? Should we raise it to the cost of a gallon of gasoline? Remember, you said it should be a “flat” fee. Should a pound of bananas cost exactly the same as a gallons of gas?


17 posted on 02/17/2014 4:25:04 PM PST by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: CPO retired

“A large percentage of Americans don’t want to work. Many of them figure there is still enough wealth to be redistributed to them.”

I don’t believe that; for many Americans work is the only thing putting distance between them and unassimilated minority malcontents. In my area, the jobs “Americans won’t do” aren’t even offered to Americans.


18 posted on 02/17/2014 4:27:29 PM PST by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: Red in Blue PA

0vomit’s planned holdemayr..


19 posted on 02/17/2014 4:27:39 PM PST by sheik yerbouty ( Make America and the world a jihad free zone!)
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To: kearnyirish2

I forgot that one. Just near the end of last year I discovered the same thing. Had an old roll of TP that I sat a new roll next to and the difference in size was startling.

And in the meantime, the prices slowly continue to creep up...


20 posted on 02/17/2014 4:28:59 PM PST by Pox (Good Night. I expect more respect tomorrow.)
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To: Lurker

Thanks, but nope sorry I won’t discuss portions of our imports. One charge on everything imported into America.

I will (ask) what percentage we should charge for imports.

5%? 20%? 100%?

I’m just saying, we need to balance our budget, and take in more money.

Now.

Americans need to work, to support America.

Americans.


21 posted on 02/17/2014 4:29:06 PM PST by Cringing Negativism Network ( http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: kearnyirish2
That is how a producer hides inflation to you. The government calculates inflation according to a basket of goods. So a pound of coffee is a pound of coffee, regardless of whether the producer has made the package size 14 ounces.
22 posted on 02/17/2014 4:29:15 PM PST by 1rudeboy
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To: Cringing Negativism Network

“Thanks, but nope sorry I won’t discuss portions of our imports.”

Then you’re talking out of your backside.


23 posted on 02/17/2014 4:30:43 PM PST by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: Cringing Negativism Network

I’ve seen you dance on the head of this pin a thousand times. If you want to pay more for goods, foreign or domestic, then just pay. Or cut an additional check to the Treasury. “We need to balance our budget, and take in more money,” after all.


24 posted on 02/17/2014 4:31:46 PM PST by 1rudeboy
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To: Cringing Negativism Network

” and take in more money.”

The last things our government needs is more money or power.


25 posted on 02/17/2014 4:31:51 PM PST by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: LibLieSlayer

I just noticed on my bill I’m paying $1.04 a month for those Obamaphones.

Didn’t it use to be a lot less?


26 posted on 02/17/2014 4:32:14 PM PST by nascarnation (I'm hiring Jack Palladino to investigate Baraq's golf scores.)
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To: Lurker

No I am not talking out of my backside.

I am saying we should consider one flat fee, and that one flat fee is charged to EVERYTHING IMPORTED into our country.

Everything.

As an aside, perhaps we can DROP taxation on things made in America, at the same time.

Just saying.

America needs to stop giving away our national riches.


27 posted on 02/17/2014 4:33:23 PM PST by Cringing Negativism Network ( http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network

Raising taxes on imports just hurts the consumer even more than now. More inflation.

The govt simply needs to get out of the economy. American businesses are over-taxed and over-regulated, and the government props up the least efficient.


28 posted on 02/17/2014 4:33:54 PM PST by ReaganGeneration2
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To: yefragetuwrabrumuy
This is not conclusive. Check out the 1 year graph for food commodities prices. Some indeed are going up, but others are going down.

Please tell me you're being sarcastic.

You list commodities prices with tiny decreases? We're interested here in the prices on the shelf -- the prices consumers pay, the prices we pay. Other than coffee, due to a particularly good harvest last year, I haven't seen much going down. Have you?

29 posted on 02/17/2014 4:33:55 PM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: nascarnation

Yes... they increased the gore school tax and expanded it to cover welfare phones. I call it theft.


30 posted on 02/17/2014 4:34:03 PM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: Pox

I have a Dollar General near me; they really aren’t a bargain, but just have lower prices for smaller packages. I rarely see people doing full shopping trips there (though they have everything - just not a wide variety); most people (including me) seem to use it just for individual items forgotten on “real” shopping trips at Wally World or a full supermarket.


31 posted on 02/17/2014 4:36:20 PM PST by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: Red in Blue PA
Dumpster Diving Made Easy ,by B. Obama
32 posted on 02/17/2014 4:38:34 PM PST by Mark (Obama Care is now DEMOCRAT CARE)
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To: 1rudeboy

“That is how a producer hides inflation to you. The government calculates inflation according to a basket of goods. So a pound of coffee is a pound of coffee, regardless of whether the producer has made the package size 14 ounces.”

Sure; I understand. The gubmint has also been low-balling inflation to keep COLA adjustments down for SS recipients and such. Our retirees are going to suffer the same fate as Soviet pensioners...


33 posted on 02/17/2014 4:38:38 PM PST by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: Pox

Anyone else notice package sizes going down but the price remaining the same? I have paying the same price for less.

For Christmas dinner we normally get a 3# prime rib- This year went to get one and it was 90.00. 20.00 for a roast...


34 posted on 02/17/2014 4:39:50 PM PST by Engedi
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To: Red in Blue PA

No matter what individual bubbles the Fed pumps up, in general prices go up due to an inflated “true” money supply. The amount of money floating around is going up faster, thanks to Obama and Bernanke. Ignore what the Fed says - see http://mises.org/content/nofed/chart.aspx


35 posted on 02/17/2014 4:41:26 PM PST by ReaganGeneration2
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To: Pox

I make my own bread, I use a 100# of flour a year, cost a few years ago $26 and change, now about $37 and change.


36 posted on 02/17/2014 4:44:49 PM PST by Little Bill
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To: Red in Blue PA

What happened? I thought we were all supposed to be worried about ‘climate change’ and buying health insurance for 30,000,000 unfortunates. I guess food isn’t a problem for the 47% with all those gov’t EBT cards.


37 posted on 02/17/2014 4:54:40 PM PST by Liberty Valance (Keep a simple manner for a happy life :o)
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To: Red in Blue PA

See the big picture. “Go Galt,” so to speak. Be frugal. Become self-sufficient. Be productive for yourselves. Be nonpolitical. There’s much more than meets the eye behind the propaganda sponsored by the political class.

The War on Humans
http://www.youtube.com/watch?v=RWcEYYj_-rg


38 posted on 02/17/2014 5:10:50 PM PST by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: Little Bill

We buy flour in bulk as well. The cost of the gluten free mixes for bread, cookies and stuff is exhorbitant. The prepared stuff is even more outrageous. I often wonder who actually buys that stuff. And whether or not they’re actually paying for it or if the rest of us are paying those prices.


39 posted on 02/17/2014 5:12:37 PM PST by Black Agnes
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To: Engedi

Absolutely. I’m finding my largest expense anymore is from the grocery store and I’m not happy about it.


40 posted on 02/17/2014 5:15:16 PM PST by Pox (Good Night. I expect more respect tomorrow.)
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To: Little Bill

I make my own bread as well, and although making most of your meals from scratch helps stretch the food budget, even the basics are increasing in price at a depressing rate.


41 posted on 02/17/2014 5:16:44 PM PST by Pox (Good Night. I expect more respect tomorrow.)
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To: old and tired

Target brand bread has gone up around 30% or so in the last two years.


42 posted on 02/17/2014 5:29:59 PM PST by VerySadAmerican (".....Barrack, and the horse Mohammed rode in on.")
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To: Cringing Negativism Network

We have enough fees! Put them in place and you can be sure they will “need” to raise them in 2 years. More fees and taxes are NOT the answer.

And this does not even address the possibility of a trade war.


43 posted on 02/17/2014 6:10:40 PM PST by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: VerySadAmerican

Wonder who she voted for? Lemme guess ...


44 posted on 02/17/2014 6:14:21 PM PST by LibsRJerks
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To: LibsRJerks

Huh?


45 posted on 02/17/2014 6:21:18 PM PST by VerySadAmerican (".....Barrack, and the horse Mohammed rode in on.")
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To: Cringing Negativism Network
I am saying we should consider one flat fee, and that one flat fee is charged to EVERYTHING IMPORTED into our country.

Yes! Because the Bush steel tariffs created millions of jobs, right?

46 posted on 02/17/2014 6:32:21 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: kearnyirish2

“Management” jobs at Staples Office Supply start at $10/hr and go to $16/hr. Of course the real mangers make more.


47 posted on 02/17/2014 7:56:50 PM PST by luvbach1 (We are finished)
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To: luvbach1

“real managers.”


48 posted on 02/17/2014 7:58:42 PM PST by luvbach1 (We are finished)
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To: 1rudeboy

I wouldn’t trust government figures period. I can see the inflation personally. Its big and its real.

6.6% unemployment, my ass!


49 posted on 02/17/2014 11:51:10 PM PST by packrat35 (Pelosi is only on loan to the world from Satan. Hopefully he will soon want his baby killer back)
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To: luvbach1

“Management” jobs at Staples Office Supply start at $10/hr and go to $16/hr. Of course the real mangers make more.”

I couldn’t imagine how people under 30 can hope to start families in this environment; apparently they just don’t...


50 posted on 02/18/2014 4:37:54 AM PST by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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