It's About Liberty: A Conservative Forum

Topics => Economy => Topic started by: Libertas on March 16, 2011, 08:13:27 AM

Title: Food & Housing
Post by: Libertas on March 16, 2011, 08:13:27 AM

Food jumps...but forget what this moronic article writer says about inflation...pulling food & energy out may be useful for pointy heads in the Fed, but for Mr & Mrs Everyday American, there is inflation!

http://finance.yahoo.com/news/Wholesale-prices-up-16-pct-on-apf-3777454020.html?x=0&.v=1 (http://finance.yahoo.com/news/Wholesale-prices-up-16-pct-on-apf-3777454020.html?x=0&.v=1)

On the housing front, worst starts in 27 years!  As we've commented plenty, the bottom has not been reached yet!

http://finance.yahoo.com/news/Housing-starts-see-biggest-rb-380668273.html?x=0&.v=1 (http://finance.yahoo.com/news/Housing-starts-see-biggest-rb-380668273.html?x=0&.v=1)

Title: Re: Food & Housing
Post by: Pandora on March 16, 2011, 08:20:01 AM

Food and energy, two of the most basic necessities after shelter, and they're excluded from inflation calculations?  Yeah, I'll just bet that's "useful" for the Fed, alright.

Title: Re: Food & Housing
Post by: IronDioPriest on March 16, 2011, 08:28:17 AM

I wanted to make BLTs for dinner a couple nights ago, so I went to the grocery store to get a couple ingredients.

2 lbs of bacon was $11.49.

Title: Re: Food & Housing
Post by: Sectionhand on March 16, 2011, 08:53:19 AM

This comes from the same idiots who derided the Reagan Administration for referring to ketchup as a vegetable but placed peanut butter in the meat group . In the end they just feed us bull-sh*t anyway .