[Free Vulcan]

This doesn't say anything we don't already know, but it's one of the rare articles that doesn't paint things with a varnish of glowing BS. Some of the comments in the article are fairly blunt about what inflation is doing to the economy.

[Moose4]

Anybody who actually does their own grocery shopping has seen this coming for years. Food prices are skyrocketing around here (North Carolina). Everything is going up or having its package downsized for the same price, and it was happening BEFORE gasoline shot up.

}:-)4

[mountainlion]

Central planning does not want us to have any spending money to donate to other the the demorats.

[arderkrag]

Disposable income falls as prices jump, data show

prices jump
income falls

No, really?

Seriously, did Captain Obvious write this article?

[saturn1964]

There is no room for the middle class in Obama’s world.

[org.whodat]

You people in vacation land will have a long slow season. Better tighten the old belt another notch.

[org.whodat]

You people in vacation land will have a long slow season. Better tighten the old belt another notch.

[Oberon]

A lot of folks I know are getting serious about their gardens.

[Thunder90]

We are likely to see another massive wave of layoffs towards the end of this summer or early fall if gas prices hit the projected $4.50/gallon. If they go over $5/gallon, then we will see another major firm (like Bear Sterns) go belly up.

[CodeToad]

There are some high dollar items we want to buy. We’ll be buying right now to avoid price increases that are no doubt coming.

[Roninf5-1]

The American middle class was really the only obstacle to a One World Government. When we have been economically broken the Globalists can act with impunity. Here is a perfect example. The Globalist U.N. says bomb Libya. Globalist Obama says yessa, massa. The U.S. Congress and the American people have no say in the matter but have to provide the blood and the treasure. The Globalist then rub it in by explicitly stating on national T.V. that Libya presents no threat nor even in the national interest but Americans are going to be forced into a war with them anyway. That’s not a democracy or a representative republic. That is the New World Order.

[Le Chien Rouge]

The left want food prices to soar by what ever means necessary.

High food prices gives the left the excuse to take over the food industry.

Control the distribution of food and one can control the population.

Most folks—NOT ALL—will give up anything including rights and GUNS in order to feed their family.

[synbad600]

The bread I bought last week is now $.74 a loaf more.

[RnMomof7]

Someone just told me that there will be an inflation adjustment in Social Security that will all go for medicare cost..

Obama’s policies are killing Americans..

[algernonpj]

Here's the CPI unvarnished by the substitution affect, hedonics index, and geometric weighting:

[Uncle Miltie]

This is impossible.

Helicopter Ben Bernanke tells us so.

[Hodar]

You mean we simply can’t print more money for our personal use?

[Marty62]

AH come on folks the Gov doesn’t count food and energy in the CPI...so inflation doesn’t exist.

It’s your imagination/S

[Tzimisce]

Sucks to be you peasants. LOL!

Now pay your taxes - we in the Ruling Class need raises. :D

[acoulterfan]

According to Gas Buddy website, the cheapest gas in San Diego today is:

Arco and Costco - $3.87 reg

Military exchanges - $3.85 reg

[CommieCutter]

So the spending only increased because everything went up? Ha!