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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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