Cost Of Living Soars...

[paulitician]

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....

Wall Street has virtually nothing to do with Main Street. Food & Gas has gotten very expensive. Families are struggling. And their Unemployment Numbers are all lies too. It's much much higher than 8.3%. Rougher times are unfortunately still ahead for our Nation. Problems are not being solved.

 

[boilermaker55]

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."

It is far from a fair tax its fair wages.
When the wage disparity in this country equals out then the middle income and the lower income will not see their disposable income shrink.
That is where the real wealth redistribution starts. When people realize the upper class do not need to take the money from the workers this country will become stronger and more viable.

 

[ScreamingEagle]

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....

Wall Street has virtually nothing to do with Main Street. Food & Gas has gotten very expensive. Families are struggling. And their Unemployment Numbers are all lies too. It's much much higher than 8.3%. Rougher times are unfortunately still ahead for our Nation. Problems are not being solved.

what makes you think there's no relationship......?

for example today the speculation on Wall Street is having a direct effect on Main Street gas prices....

Wall Street may seem to be climbing but one has to remember that the devaluation of the dollar is pushing up the market....

 

[Staidhup]

Cost of living increase is due to supply and demand coupled with the fact that the purchasing value of the dollar is decreasing. So maybe it's time to address current and unfunded liabilities and shut down the printing press and face the reality that when your broke your broke.

 

[pinqy]

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

You're quoting commodoties trading. Consumer prices have gone up a bit in the last year (food at home is 4.5% higher than last year), but food and beverages only went up 0.1% from Jan to Feb (food at home stayed flat).

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...

That's accounted for in quality adjustment for the CPI.

 

[pinqy]

And their Unemployment Numbers are all lies too. It's much much higher than 8.3%.

Well, the unadjusted number for Feb was 8.7%...that's not "much higher." Anything else is just people changing the definitions.

 

[paulitician]

A trip to the Grocery Store is pretty painful for most American Families these days. It's rough.

 

[uscitizen]

Coffee went from .99/cup to 1.39 per cup last weekend at the local Circle K.

 

[paulitician]

Coffee went from .99/cup to 1.39 per cup last weekend at the local Circle K.

Yeah, Coffee Prices really are exploding. I've noticed that lately too.

 

[The Infidel]

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

 

[OohPooPahDoo]

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®

OMG! 0.4% ! We're going to starve to death!

 

[uscitizen]

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

but why stockpile? the world is going to end.

 

[The Infidel]

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

but why stockpile? the world is going to end.

Yeah right...

 

[Claudette]

Dec 21, 2012

 

[uscitizen]

Dec 21, 2012

No need to buy any Christmas presents?