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Why did my typical grocery products suddenly cost 20 to 30 cents more?
In a week and a half period of time?
Is this behind a certain bill being passed..?
Inflation because of what...?
The Dow is doing great, the Dow is doing great!
Obviously that doesn't represent the rest of the country.
Seriously.
I've never seen it hike up so quickly, so much.
I figured inflation had something to do with it.
My bill cost 16 dollars and something cents more than usual.
I agree, on a fixed income it's like a punch in the face.
And yes, prices go up and down all of the time, but they usually stay in a 10 cent range.
Those ups and downs are also affected by sales and seasons.
I know that.
But 20 to 30 cents in a week and a half is outrageous.
8 Answers
- Anonymous8 years agoFavorite Answer
Taxes and higher fuel prices, now the states and Federal Government want to raise fuel taxes even more so stock up now.
Source(s): C~ - CiphLv 68 years ago
It's the fallout from something called the "WORLD food price crisis", which actually kicked off in 2007-2008 during Bush's term. But it's worldwide, so to blame Obama you have to explain how he caused food prices to start skyrocketing in Asia, India, Russia, Europe, Latin and South America, and Australia, before he was even elected. Food is a global economy, so price rises in one place ripple through the whole system.
Blame wealth increases in India, China, Brazil and other growing economies, if you like, since they can now afford to consume MUCH more food and fuel, thus increasing prices for everyone.
If you really want to know why, and don't just want an excuse to shake your fist at Obama, you can educate yourself as to the causes:
http://en.wikipedia.org/wiki/2007%E2%80%9308_world...
QUOTE: "In late April 2008 rice prices hit 24 cents (U.S.) per U.S. pound, more than doubling the price in just seven months."
Rice double in price in 6 months under Bush. But i guess that wasn't Bush's fault, either. Did rice double in price in the previous 6 months under Obama?
- ?Lv 78 years ago
I am paying 10$ more on my typical bill than I did 4 months ago. When you live on a fixed income this is nearly devastating.
- Anonymous8 years ago
Because Obama is bringing back the Carter years.
We're going to find out what would have happened if Carter got a second term.
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- ?Lv 78 years ago
Republicans are hitting people with fixed income more than ever to line the pockets of the grocery store chains.
- Tee-RexLv 68 years ago
One reason is the Fed is printing money and that lowers the value of our currency which in turn increases inflation There are many other reasons but that is one of them
- Anonymous8 years ago
Another reason to stop subsidizing ethanol production.
- Anonymous8 years ago
It's part of the whole "pay your fair share" idea....