Vanguard News Network
VNN Media
VNN Digital Library
VNN Reader Mail
VNN Broadcasts

Old February 28th, 2014 #1
katsung47
Senior Member
 
Join Date: Jan 2011
Posts: 1,149
Default Food prices soar as incomes stand still

Food prices soar as incomes stand still

By/Michelle Miller/CBS News/February 15, 2014, 8:02 PM

It's is not her imagination. While the government says prices are up 6.4 percent since 2011, chicken is up 18.4 percent, ground beef is up 16.8 percent and bacon has skyrocketed up 22.8 percent, making it a holiday when it's on sale.
"Oh my god!" Singer said as she spied bacon for $3.

"The things that are going up in price are the things I absolutely need to buy," she said. "It's the meat, it's the milk, it's the eggs and it's getting out of hand."
Food inflation is far greater than the government thinks it is," he said.

But the big problem for families: Wages are not budging.

http://www.cbsnews.com/news/food-pri...s-stand-still/
 
Old February 28th, 2014 #2
Roger Bannon
Senior Member
 
Join Date: Jul 2013
Posts: 838
Default

The neighborhood grocery store will fleece its customers every week with those weekly sales. What's on sale is countered by everything else going up.
 
Reply

Share


Thread
Display Modes


All times are GMT -5. The time now is 12:39 AM.
Page generated in 0.29408 seconds.