Posted on 06/29/2022 6:39:33 PM PDT by Tolerance Sucks Rocks
The following is adapted from the author’s June 14, 2022, testimony before the Pennsylvania House Majority Policy Committee.
The story on food prices keeps getting worse.
Food prices in May 2022 were a whopping 10.1% higher than prices in May 2021. The size of these food price increases have not been seen in over 40 years and are occurring across food categories, from fresh fruits (8.5%) to fish and seafood (12.2%).
Over the past nine months, each month’s year-over-year food price increase has been above 4%, with each successive month higher than the previous—starting at 4.6% in September and reaching 10.1% in May.
This data can make the situation sound so academic and impersonal. But make no mistake, these skyrocketing food prices are devastating for Americans and their families.
For many of us, going to the grocery store is where we really feel this crushing inflation. We see the big price tag for our groceries at the checkout line then do calculations in our heads to determine what other things we might have to sacrifice financially because we just got hit with a high food bill.
For lower-income Americans, this situation is particularly troubling. Skyrocketing food prices are regressive and particularly damaging to them, as they spend a greater share of their after-tax income on food compared with higher-income Americans.
Their trade-offs might not just be giving up a night at the movies or not going out to dinner. It might be far worse, such as not going to the doctor or not running the air conditioning.
During the peak of the COVID-19 pandemic, the Trump administration and government at all levels recognized that removing harmful government regulations and other negative interventions was critical to allowing the resilient food supply chain to adjust and get Americans the food...
(Excerpt) Read more at dailysignal.com ...
PING!
In January, I decided to scale back our grocery bill. I cut it in HALF from $800 month to $400 a month for the two of us.
Since Brandon’s been in charge, I’m back to $800 a month - FOR THE SAME FRIGGIN’ STUFF!
Grrrr! And that’s with growing a large garden, foraging, fishing, hunting and raising my own beef steer!
I don’t know how some families are managing. I flash back to the days when I was feeding three adults and three teen boys; I could feed us ALL for about $500 month! (Late 1990’s.)
Let’s Go, Brandon!
I just fixed a can of Pillsbury biscuits and read the ingredients on the label of the can while waiting
First off...flour.
which takes wheat.
Which has to be grown by farmers
Who have to use large fossil fuel powered machines
Cost of fuel for those machines has almost tripled
And then there’s the fossil fuel powered trucks to move the wheat
Which costs the truckers almost triple what it used to
And that’s just one ingredient out of about 20
The cost to produce each and every one of those, and the slowdowns in production and costs of distribution were bound to increase cost
This didn’t have to happen
It is intentional
Shipping costs alone would account for much of the increase as diesel prices have more than doubled.
Most of the stuff in my store is not 10% higher but at least double! I think they mean per month!
Agreed. It IS intentional.
What’s really troublesome is the number of people that can’t/won’t/are unable to bake biscuits from scratch - let alone bake a batch from a can!
Those that have been made totally dependent upon Mother Government truly ARE the ones that will be hardest hit. And that is ALSO by design by the Socialist Democrats. Keep them DEPENDENT and keep them voting for handouts.
Annoys the heck outta me!
Diesel affects everything. The farmers/growers are having to pay way more than they used to and those costs are passed along. Grocery retailers have to pay the freight and those costs are passed along as well.
ADP says it will pause its private-sector employment report as it retools survey
I’ve made biscuits from scratch many times when I was raising my kids
The can is just easier for me these days. Don’t eat much so I don’t cook much anymore. Once a day. Usually no more than 2 things in a meal
Been that way for 7 years now. Went from 260# to recently 140#
Good for you! 11 pounds down for me on WW. 20# for Beau.
You do realize that those people are not spending their money, they are using their EBT card “food stamps”, and feel no pain whatsoever.
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