Posted on 04/27/2022 9:01:06 AM PDT by Tolerance Sucks Rocks
Food prices are continuing to rise at an alarming rate. The 8.8% year-over-year increase (March 2022 compared with March 2021) is the largest in more than 40 years.
Over the past seven months, each month’s year-over-year food price increase has been above 4% and each successive month has been higher than the previous month (starting at 4.6% in September and reaching 8.8% in March).
This upswing in food prices is being reflected across multiple food categories, from fresh fruit (10.1%) to fish and seafood (10.9%).
Skyrocketing food prices are regressive and particularly damaging to low-income Americans, as they spend a greater share of their after-tax income on food compared with higher-income Americans.
So, what needs to be done?
Beyond significantly reining in government spending, policymakers need to remove the harmful government interventions that are contributing to higher food prices, and energy is a great place to start. The Biden administration’s war on energy is having a devastating effect on Americans.
The latest year-over-year data shows that energy prices rose 32%. This isn’t an anomaly, as the year-over-year increases for each of the past six months have been greater than 25%.
Energy is an input that affects sectors across the economy, including the food sector. For example, high energy prices drive up the costs to farmers for a key agricultural input; namely, fertilizer. More than 57% of fertilizer used in the United States are nitrogenous fertilizers, and a critical input for nitrogenous fertilizers is natural gas, which can account for 70% to 90% of its manufacturing cost.
(Excerpt) Read more at dailysignal.com ...
To end inflation, the politicians could always claw back the $5 trillion they foolishly flooded into the money supply for no good reason.
Get rid of ethanol mandates and there's more food, which lowers prices.
Quit paying farmers to keep their farmlands fallow and there's more food, which lowers prices.
Remember: Soylent Green is Green.
With a one month mass media 24/7 saturation of “public service announcements” the masses would be clamoring for it!
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It’s not bad enough yet. When folks start agreeing with me on what to do about it, then I will KNOW we have reached end point. Not until then...
Deport all the illegals and there are less demand for
food sold in the U.S.
************
A lot of them ‘illegals’ are what is the labor section
of food production especially the early stages, land
prep, planting and harvesting.
But Biden hasn’t sent me my F16 yet.
Or they could claw back the money they’ve been sending overseas.🙄
True that. Then make welfare recipients work for their pay. Or get rid of welfare and people will do the work so they can eat.
End foreign aid to EVERYBODY!
I’m good with that.👍
lolol.
“So, what needs to be done?”
Reinstate President Trump’s Energy and Immigration policies.
It really IS that simple, Brandon, ya buttwipe!
Here’s some very scary data from US Bureau of Labor Statistics.
Table 2. Producer price index percent changes for selected commodity groupings by Final Demand - Intermediate Demand category, seasonally adjusted:
https://www.bls.gov/news.release/ppi.t02.htm
Stuff that’s UP significantly:
Vegetables - 42.4%
Grains - 16.1%
LP Gas - 12.9%
Heating Oil - 20.2%
Diesel Fuel - 20.4%
Iron & Steel - 27.6%
Machinery Lube - 22.7%
Jet Fuel - 23.0%
Wheat - 24.3%
Slaughter Chickens - 19.0%
Corn - 14.0%
So, basically primary foodstuffs and all of the entailing ENERGY it costs to transport it from the farm to your grocery store.
Plan accordingly, FRiends!
Stop eating
Lose weight
Die or
Throw the Marxists out?
Good thing I like rice and beans.
1) allow for oil production on American soil. reinstate Trump incentives.
That alone will drive the cost of everything down.
Remember: Soylent Green is Green.
With a one month mass media 24/7 saturation of “public service announcements” the masses would be clamoring for it!
Who will do the work? Not excusing illegal immigration, but to be honest there are few people period working right now.
The corn used for ethanol is not going into human food, and the places that grow that corn do not grow human food.
With input costs the way they are, CRP land may be the only way to make positive cash flow. Even with that, most farmers are going to plant.
The question is will they harvest?
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