Grocery Prices Up In The Obama Economy

Discussion in 'Politics' started by Vel, Nov 2, 2012.

  1. Vel
    Offline

    Vel Gold Member

    Joined:
    Oct 30, 2008
    Messages:
    5,463
    Thanks Received:
    1,913
    Trophy Points:
    248
    Location:
    Tennessee
    Ratings:
    +1,914
    I couldn't believe the price of candy when I shopped for Halloween. Family income down and grocery prices rising. Let's add that skyrocketing electric and heating oil bills and see if anyone can afford 4 more years of Obama.
    ******************************************************

    Grocery Prices Up 15% Since Obama Took Office
    posted on August 10, 2012 by Giacomo

    The 2012 presidential election is heating up. The national conventions for both parties are just around the corner and Barack Obama and Mitt Romney are already busy duking it out.
    One thing I keep hearing Obama say is how he is for the middle class. He is our friend and savior, says he. If that’s true, then let’s take a look at how his first term of office has helped the middle class.
    To begin with, under Obama, the middle class has shrunk while the number of Americans living at or below the poverty line has drastically increased. Millions of middle class families are now finding themselves trying to survive at poverty level incomes and in many instances it’s been devastating to them.
    Under Obama’s reign, we have experienced official unemployment levels of over 8% for 42 consecutive months. The broader unemployment figure for June of this year is at 14.9%. This figure accounts for those out of work, forced to work part time only and those who have quit looking for a job.
    The second quarter economic growth figure had dropped to 1.5%. Just to sustain ourselves, this figure needs to be at 2% and for actual growth and recovery it needs to be even higher.
    A recent study of grocery prices may really tell the story of how the middle class has fared under three and half years of Obamanomics. They looked at the prices of a specific list of groceries just prior to Obama taking office and then used the exact same list of the groceries at today’s prices. Before Obama, the groceries cost $119.16. Today, those same groceries cost $136.49, a 15% increase in just three and half years.
    Over the same three and half years, the median income level has fallen, gasoline prices have increased and millions more middle class Americans are out of work.


    Read more: Grocery Prices Up 15% Since Obama Took Office
     
  2. BreezeWood
    Offline

    BreezeWood VIP Member Supporting Member

    Joined:
    Oct 26, 2011
    Messages:
    4,674
    Thanks Received:
    293
    Trophy Points:
    85
    Ratings:
    +475
    Grocery Prices Up In The Obama Economy

    not mine.
     
  3. Mr. H.
    Offline

    Mr. H. Diamond Member

    Joined:
    Aug 19, 2009
    Messages:
    44,117
    Thanks Received:
    9,265
    Trophy Points:
    2,030
    Location:
    A warm place with no memory.
    Ratings:
    +15,394
    $8 corn and $14 beans.

    40% of corn crop diverted to gas tanks. So much ethanol that we export 20% of production.

    And Obama wants to tax oil and gas companies to the tune of $40+ billion?

    Where are the cries of obscene agriculture profits?

    Where's Obama's claim that ag is "doing just fine" as he repeatedly states about energy companies.
    Let's recoup the billions in ag giveaways, Obama. You know, the true subsidies.
     
    • Thank You! Thank You! x 2
  4. konradv
    Offline

    konradv Gold Member

    Joined:
    Mar 23, 2010
    Messages:
    22,558
    Thanks Received:
    2,558
    Trophy Points:
    280
    Location:
    Baltimore
    Ratings:
    +5,672
  5. Vel
    Offline

    Vel Gold Member

    Joined:
    Oct 30, 2008
    Messages:
    5,463
    Thanks Received:
    1,913
    Trophy Points:
    248
    Location:
    Tennessee
    Ratings:
    +1,914
    Where do you live that your grocery prices haven't risen in three years?
     
  6. Zoom-boing
    Offline

    Zoom-boing Gold Member

    Joined:
    Oct 30, 2008
    Messages:
    25,063
    Thanks Received:
    7,260
    Trophy Points:
    260
    Location:
    East Japip
    Ratings:
    +10,122
    Prices are up here. I used to be able to buy Delmonico steaks on sale for $5.99/lb (reg price was $8.99/lb). Now the sale price is $10.99/lb. :eek: We don't eat steak anymore.

    Cat food had been .37/can. Now it's .53/can. Me-OW!

    Store brand Iubprofen (500 count) went from $7.49/bottle to $14/bottle last January. wtH??


    Watch for sales, use coupons, stock up when prices are at their lowest, buy generic if that is less expensive.
     
    • Thank You! Thank You! x 1
  7. Vel
    Offline

    Vel Gold Member

    Joined:
    Oct 30, 2008
    Messages:
    5,463
    Thanks Received:
    1,913
    Trophy Points:
    248
    Location:
    Tennessee
    Ratings:
    +1,914
    Psst.. Bush is not the POTUS anymore.

    Inflation affecting food prices at grocery stores
    Monday, June 04, 2012
    HOUSTON (KTRK) -- Does this sound familiar? You buy the same food at the store every week, but your grocery bill keeps on climbing. Your eyes aren't playing tricks on you -- the culprit is food inflation.

    Inflation affecting food prices at grocery stores | abc13.com
     
  8. Mr. H.
    Offline

    Mr. H. Diamond Member

    Joined:
    Aug 19, 2009
    Messages:
    44,117
    Thanks Received:
    9,265
    Trophy Points:
    2,030
    Location:
    A warm place with no memory.
    Ratings:
    +15,394
    Agriculture has forever been, and shall forever remain, America's poster child.
    The farmer- you can't get any more American or wholesome than that.

    The industry is beyond reproach, and beyond the reach of public scrutiny. They are practically handed a blank check with which to write their own ticket.

    Yet, could they exist today without hydrocarbons? Of course not.

    And who is public enemy #1 in this country?
     
  9. Connery
    Offline

    Connery BANNED Supporting Member

    Joined:
    Oct 19, 2012
    Messages:
    11,390
    Thanks Received:
    2,262
    Trophy Points:
    0
    Ratings:
    +2,270
    I suppose with Romney my food bill will go down.....NOPE. Not because he is republican just because things just cost more,for example, while drastic 1959 is a reference point.

    Dwight David Eisenhower(R) was President.
    What Things Cost in 1959:
    Car: $2,200
    Gasoline: 30 cents/gal
    House: $18,500
    Bread: 20 cents/loaf
    Milk: $1.01/gal
    Postage Stamp: 4 cents
    Stock Market: 679
    Average Annual Salary: $5,500
    Minimum Wage: $1.00 per hour
     
  10. LordBrownTrout
    Offline

    LordBrownTrout Gold Member

    Joined:
    Nov 25, 2007
    Messages:
    15,492
    Thanks Received:
    2,962
    Trophy Points:
    280
    Location:
    South Texas
    Ratings:
    +6,353
    And we're the ones castigated.
     

Share This Page