Economics

[Dave Grubb]

....well, I had to call it something

Today was grocery day and I set out with what I thought was a modest list---so when the total exceeded my recently customary amount I was curious.

There is no question that inflation is on display at the grocery store. One item that I use on a regular basis had been 10 for $10, now it is 4 for $5---that is a 25% increase.

I separated my charges into major sub-groups: produce, fish, meat (pork, beef and chicken) and "all other". I was mildly surprised at the results:

1. Produce (fresh) was $40.27
2. Fish and seafood $33.36
3. Meat $37.36
4. All other, including dairy, baked goods, frozen foods and canned goods. I had no household items or bakery (bread) items this week. $48.37

I bought no seafood or meat that was not on sale with the exception of 1.0 lb of fresh tuna.

I might be able to save a few pennies by buying frozen veggies but I prefer to buy fresh. I had an idea that my produce would be the highest cost but never did the math before.

[Honda]

It's absolutely crazy. Add to that the highest gas prices in the history of the country and a tanking stock market, along with warnings from all the major brokerages that recession is on the horizon. Going to be hard times for a lot of people. We need some leadership to help the American people through this.

[Blue74]

I'm afraid it is just going to keep climbing. I was spoiled in that I would put it on the list and just throw it in the basket but now I'm trying to be a bit more careful with shopping. I just feel lucky because while it's more expensive I can still pretty much buy what I want and I know that my older sister is closer to the edge financially. One reason I pushed for her to receive all the inheritance from our mother.