Cost Of Living Soars...

[paulitician]

The cost of living in the U.S. rose in February by the most in 10 months, reflecting a jump in gasoline that failed to spread to other goods and services.

The consumer-price index climbed 0.4 percent, matching the median forecast of economists surveyed by Bloomberg News, after increasing 0.2 percent the prior month, the Labor Department reported today in Washington. The so-called core measure, which excludes more volatile food and energy costs, climbed 0.1 percent, less than projected.

The biggest jump in gasoline in more than a year accounted for about 80 percent of the increase in prices last month, leaving households with less money to spend on other goods and services. Federal Reserve policy makers say the advance in fuel costs will be temporary, and most see little risk inflation will flare out of control as unemployment exceeds 8 percent.

“There are some worries from the energy prices perspective, but the Fed and most people realize that the increase will probably be transitory,” said Benjamin Reitzes , an economist at BMO Capital Markets in Toronto. “Outside of energy prices, there is not much risk for the consumer.”

Consumer Prices in U.S. Rose in February as Gasoline Jumped - Bloomberg
DRUDGE REPORT 2012®

 

[FuelRod]

The scary thing is that the effects of this will not be felt for 3-6 months.

 

[Mr. Shaman]

Cost Of Living Soars...

The cost of living in the U.S. rose in February by the most in 10 months, reflecting a jump in gasoline that failed to spread to other goods and services.

I'm always amazed at Teabagger "discoveries".....that everyone-else sees as facts-of-Life, when prices-at-the-pump increase.

This is (actually) "news", to you????

​

 

[Mr. Shaman]

The scary thing is that the effects of this will not be felt for 3-6 months.

I'm guessin'.....if you were old-enough to shop, for groceries, you'd "feel it", now!​

 

[GuyPinestra]

And what a lot of people are missing is the big increases in food prices.

Commodity Food Price Index - Monthly Price - Commodity Prices - Price Charts, Data, and News - IndexMundi

Package sizes are 25% smaller on almost ALL of your staples like beans, rice, sugar, frozen veggies, etc. Most folks don't even notice it, but it's there.

And it's going to get WORSE...

 

[LogikAndReazon]

this is why the poor need the rich to pay their "fair share"..........

hope just isnt enough

 

[AquaAthena]

this is why the poor need the rich to pay their "fair share"..........

hope just isnt enough

Yes, it's called a flat tax. Or "fair tax."

 

[Katzndogz]

No matter how bad it gets, democrats will still campaign on the issues of porn, contraceptives and sex, sex, sex. With the occasional mention of some trivial transgression or other.

I suggest that democrats go to the grocery store, now, in six months it will be worse, but go now and ask some shopper weighing whether to buy beans or rice what they think about Rush Limbaugh. The answer will mostly be "Why would I be thinking about Rush Limbaugh AT ALL?"

 

[eflatminor]

this is why the poor need the rich to pay their "fair share"..........

hope just isnt enough

On the other hand, we could confiscate the entire net worth of America's billionaires - not just 100% of their income this year but ALL of their money, real estate and valuables - and we still couldn't even balance this year's deficit, much less begin to touch the $15.4 trillion of debt we've accumulated. It's that bad. It's a spending problem, not a revenue problem.

 

[eflatminor]

this is why the poor need the rich to pay their "fair share"..........

hope just isnt enough

Yes, it's called a flat tax. Or "fair tax."

Yep! America has the most progressive tax system in the western world. That is, our rich pay a bigger portion of the total revenue than the European socialists countries so admired by the left. On top of that, nearly half of Americans pay no federal income tax at all. How hypocritical it is to suggest the rich don't pay their "fair share".

 

[KissMy]

I think a lot of people are stockpiling food, fuel & ammo preparing for 12-21-2012. Prices should drop in 2013.

 

[paulitician]

Food & Gas Prices are continuing to soar. So while the loony Obama-Bots go on celebrating increased Wall Street profits, most of the country goes on suffering.

 

[Inthemiddle]

You know what really confuses me about some people who claim to believe that the market should be left to handle itself? The fact that such people will take any given snapshot of the market at a moment in time, and use it to try to paint the picture that government policies are, apparently, not doing enough to stabilize the market.

Markets are not static things. They are constantly moving. At any given moment in time, there will always be something that is exerting a new pressure on the market in some way or fashion. And there will always be natural reactions that occur within the market, as nothing more than normal market mechanisms. The market is not perfect, it will never be perfect, it will never establish a Utopian balance. Gas prices are nothing more than a reflection of where the market is right now. The market is moving, the market will continue to move. It's adjusting for the new realities, mainly the improving economy and increases in demand for gas. If you're going to babble on about letting the market do what the market does, then you need to live up to it. Otherwise, shut the fuck up.

 

[LogikAndReazon]

Not to mention the community organizers destruction of the dollar.....................all for the "public good" !!!

 

[Inthemiddle]

Food & Gas Prices are continuing to soar. So while the loony Obama-Bots go on celebrating increased Wall Street profits, most of the country goes on suffering.

Yeah, that's right. All those loony OWS Obama-bots are just celebrating it up, rejoicing over Wall Street profits.























Would you just shut up already, you idiot? Your support of him alone is enough to make anyone refuse to vote for Ron Paul.

 

[eflatminor]

You know what really confuses me about some people who claim to believe that the market should be left to handle itself? The fact that such people will take any given snapshot of the market at a moment in time, and use it to try to paint the picture that government policies are, apparently, not doing enough to stabilize the market

The only "some people" that would suggest government policies aren't "doing enough" are big government meddlers. You'll NEVER hear shit like that from Libertarians. So, are you making an argument for free markets or just government intervention from your guy?

When the government's boot is on your throat, it makes little difference if it's the left boot or the right boot.

 

[Baruch Menachem]

You know what really confuses me about some people who claim to believe that the market should be left to handle itself? The fact that such people will take any given snapshot of the market at a moment in time, and use it to try to paint the picture that government policies are, apparently, not doing enough to stabilize the market.

Markets are not static things. They are constantly moving. At any given moment in time, there will always be something that is exerting a new pressure on the market in some way or fashion. And there will always be natural reactions that occur within the market, as nothing more than normal market mechanisms. The market is not perfect, it will never be perfect, it will never establish a Utopian balance. Gas prices are nothing more than a reflection of where the market is right now. The market is moving, the market will continue to move. It's adjusting for the new realities, mainly the improving economy and increases in demand for gas. If you're going to babble on about letting the market do what the market does, then you need to live up to it. Otherwise, shut the fuck up.

Market forces are prices moving in all kinds of directions all the time. This is a complaint about inflation, where the price of one commodity, money, is moving violently downward due to the one supplier of it, the government, printing vast quantities of it.

 

[ScreamingEagle]

Food & Gas Prices are continuing to soar. So while the loony Obama-Bots go on celebrating increased Wall Street profits, most of the country goes on suffering.

the suffering could become a whole lot worse....

the market can turn on a dime....inflation....hyperinflation....implosion....

what will happen if the dollar collapses.....?

will bank accounts disappear......?

how about brokerage accounts, IRAs, 401Ks.....?

will our just-in-time food & goods delivery system stop in its tracks....?

will unpaid policemen, fire fighters, hospitals, and other govt. workers stop services....?

will chaos ensue....?

 

[paulitician]

Food & Gas Prices are continuing to soar. So while the loony Obama-Bots go on celebrating increased Wall Street profits, most of the country goes on suffering.

the suffering could become a whole lot worse....

the market can turn on a dime....inflation....hyperinflation....implosion....

what will happen if the dollar collapses.....?

will bank accounts disappear......?

how about brokerage accounts, IRAs, 401Ks.....?

will our just-in-time food & goods delivery system stop in its tracks....?

will unpaid policemen, fire fighters, hospitals, and other govt. workers stop services....?

will chaos ensue....?

Yeah, all these OWS-Bots jumping for joy over increased Wall Steet profits really is disgusting. Now all of a sudden they just adore Wall Street. Gee, how convenient. Just in time for the Election. Increasing Wall Street profits means absolutely nothing to average Americans who are struggling to pay for skyrocketing Food & Gas Prices. Things are very bad. So i'm not buying the Obama-Bot spin, that everything is just wonderful.

 

[ScreamingEagle]

Food & Gas Prices are continuing to soar. So while the loony Obama-Bots go on celebrating increased Wall Street profits, most of the country goes on suffering.

the suffering could become a whole lot worse....

the market can turn on a dime....inflation....hyperinflation....implosion....

what will happen if the dollar collapses.....?

will bank accounts disappear......?

how about brokerage accounts, IRAs, 401Ks.....?

will our just-in-time food & goods delivery system stop in its tracks....?

will unpaid policemen, fire fighters, hospitals, and other govt. workers stop services....?

will chaos ensue....?

Yeah, all these OWS-Bots jumping for joy over increased Wall Steet profits really is disgusting. Now all of a sudden they just adore Wall Street. Gee, how convenient. Just in time for the Election. Increasing Wall Street profits means absolutely nothing to average Americans who are struggling to pay for skyrocketing Food & Gas Prices. Things are very bad. So i'm not buying the Obama-Bot spin, that everything is just wonderful.

neither am i......becuz it ain't....