The National Inflation Association says the Federal Reserve is wrong about inflation: U.S. food prices are spiraling out of control, jumping 2.4 percent in March, the largest leap in 24 years.
Combined with the highest unemployment in decades, higher food prices have caused huge numbers of Americans to turn to the food stamp program for help....
Year-over-year, fresh and dry vegetables are up 56.1 percent, fresh fruits and melons are up 28.8 percent, eggs for fresh use are up 33.6 percent, beef and veal are up 10.7 percent and dairy products are up 9.7 percent.
But then we don't need someone telling us we have inflation - we do the shopping. At a local grocery store chain yesterday, I could not believe that one yellow pepper was priced at $2.49.
Why is food and fuel excluded from the inflation calculation?
April Sets Record for Oregon Food Stamp Use
SALEM, Ore. – More than 700,000 Oregonians received food stamps last month. That's the most in Oregon history. According to Oregon's Department of Human Services, nearly one in five people in the state are relying on government assistance to eat. The national average is one in eight.
Tuesday, May 18, 2010
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