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Friday, June 10, 2022

Groceries up 11.9%

Democrats are progressing in their plan to destroy America in order to save it. In the past year, they have pushed the price of groceries up 11.9% while having the FDA shut down a Similac plant to create a nationwide shortage of baby formula.

An army marches on its stomach. Democrats are making sure we will go nowhere.

The Wall Street Journal reported, "U.S. consumer inflation reached an 8.6% annual rate in May, its highest level in more than four decades as surging energy and food prices pushed prices higher."

That 8.6% number understates the case.

The Journal said, "May’s increase was driven by sharp rises in the prices for energy, which rose 34.6% from a year earlier, and groceries, which jumped 11.9% on the year. Prices for used cars and trucks rose 1.8% in May from April, reversing three months of declines. Shelter costs, an indicator of broad inflation pressures, accelerated on a monthly basis in May and were up 5.5% compared with a year ago." 

Gasoline was $3.03 a gallon a year ago.

Now it is $4.99.

That's a 65% increase. 

But it is the grocery price hikes that really hit home. Bloomberg said, "Grocery prices rose 11.9% annually, the most since 1979." That's 43 years and 7 presidencies ago.

Meat, Poultry, & Fish: +13.1%

Milk: +15.9%

Eggs: +32.2%

Coffee: +15.3%

For years I have mocked Starbucks and its $5 coffee.

McDonald's coffee is halfway to $5 now!

Renters are in for a surprise. WBTV reported, "For the first time, the median monthly rent in the United States surpassed $2,000 a month, according to Redfin. That’s 15% higher than this time last year."

Landlords must be making up for that covid moratorium on paying rent.

Inflation is depressing. In a second report, Bloomberg said, "U.S. consumer sentiment plunged in early June to the lowest on record as soaring inflation continued to batter household finances. 

"The University of Michigan’s preliminary June sentiment index fell to 50.2 from 58.4 in May, data released Friday showed. The figure was weaker than all estimates in a Bloomberg survey of economists which had a median forecast of 58.1.

"Inflation expectations, which the Federal Reserve watches closely, also moved higher early this month and 46% of respondents attributed their negative views to persistent price pressures. Just 13% expect their incomes to rise more than inflation, the lowest share in almost a decade."

Consumers are right. Keeping up with Bidenflation is nearly impossible for most people.

Inflation is so bad that it is affecting police protection. Click On Detroit reported, "A Michigan police department says higher gas prices have forced them to re-think how to handle non-urgent calls.

"The Isabella County Sheriff’s Office in Central Michigan, home of Mt. Pleasant, said in a Facebook post this week that due to higher fuel prices, they have asked deputies to manage what they can over the phone:

"Isabella County Sheriff’s Office is feeling the pain at the pump as well. We have exhausted what funds were budgeted for fuel with several months to go before the budget reset.

"I have instructed the deputies to attempt to manage whatever calls are acceptable over the phone. This would be non-in-progress calls, non-life-threatening calls, calls that do not require evidence collection or documentation.

"Deputies will continue to provide patrols to all areas of the county, they will respond to those calls that need to be managed in person. Any call that is in progress with active suspects will involve a response by the deputies. I want to assure the community that safety is our primary goal, and we will continue to respond to those types of calls."

Maybe deputies can hitchhike to your home to catch that burglar.

Inflation began when Democrats inflated Biden's support through ballot harvesting -- voting by mail in someone else's name. Turnout hit 67% -- the highest in a century. Only 1964's race hit 60% turnout. The rest were 57% or lower.

Now America pays the price.

Inflation was 1.4% when Trump left office. Now look at it.

The Democrat reaction is as expected.

They do not want you to notice they are destroying our nation one price increase at a time.

23 comments:

  1. Don, we all know the numbers we get them everywhere, the polls inflation etc. I prefer your wit and prose to statistics.

    ReplyDelete
    Replies
    1. Thanks for the compliment. I will keep that in mind.

      Delete
  2. No, Hitler wasn't the cause of inflation. He was the result of
    a population pissed off by inflation. As usual Dowd has it bass ackwards.

    ReplyDelete
  3. I wonder if France will loan us the National Razor because that's what happens when people get hungry.

    Inflation began when Democrats inflated Biden's support through ballot harvesting

    No, it began when the Demos inflated the number of ballots, then the amount of turnout.

    PS Voting age population in '20 was about 258 mil, and about half were registered so that gives us 129 mil. 2/3 would be about 86 mil; OTOH the only way you have 155 mil is if you take the country's population as a whole and say ~95% turn out, assuming everybody's registered, so we're supposed to believe Nitwit got half the vote when Fake News says Trump got 74 mil. Who did the spare 1 mil vote for?

    ReplyDelete
    Replies
    1. I don't know where you got your numbers, and I don't have any to counter them. A friend worked them out, and by his estimate, voter turnout in 2020 exceeded 100% in a number of regions.
      Given that we have adults who are illegals counted in the census, convicts, mental midgets and the lazy, your million might have voted twice or three times.

      Delete
    2. In Detroit, it's sop to tally more democrat votes than registered voters.
      Waterman

      Delete
  4. Whip Inflation Now, says the ghost of Jerry Ford.

    ReplyDelete
  5. The Isabella County Sheriff’s Office should follow the advice given by our Secretary of Transportation and just buy electric police cars, ambulances, and SWAT tactical armoured vehicles!

    ReplyDelete
    Replies
    1. The cost of diesel is crushing the budget our little volunteer fire department. We are on a record pace for calls and some are over 15 miles away. Two pumper/tankers full of water drink the fuel. Ouch. Fuck Joe Biden.

      Delete
    2. And two wildland fire fighting vehicles.

      Delete
  6. Does every media person named Dowd think we are idiots? Is every media person named Dowd an idiot? Do I even need to ask these questions?

    ReplyDelete
  7. An army may march on its stomach, but revolution starts on an empty stomach, especially when that empty stomach persists in the children. And if it goes, the war will not be civil, at all.

    ReplyDelete
  8. Randy says: “U.S. consumer inflation reached an 8.6% annual rate in May” That 8.6% “official” inflation rate is based on the current method of calculating the Consumer Price Index (CPI). The method of calculating the CPI has changed over the years, adding and subtracting categories of items to fudge the number for political purposes. Using the 1980 method of calculating the CPI*, which was the basis of Carter’s “Misery Index” (inflation rate + unemployment rate), today’s CPI would be near 17% and the Misery Index would be around 20.6%.

    Carter’s Misery Index was near 13% at this point in his presidency. It continued to rise and peaked at 21.98% in June 1980, 5 months before the end of his first and only presidential term.

    FJB’s Misery Index will also continue to rise, and with 29 months left in his first and only presidential term, he has plenty of time to crush Carter’s record.

    *The inflation rate using the 1980 method of calculation is shown on the second chart here:
    http://www.shadowstats.com/alternate_data/inflation-charts

    ReplyDelete
    Replies
    1. Randy’s correction: …today’s inflation rate would be near 17%…

      Delete
  9. I'm old enough to remember the Jimmy Carter administration...soon to be referred to as the good ole days.

    ReplyDelete
  10. Statistics? All I know is I'm spending more at Wegmans and getting less.

    ReplyDelete
    Replies
    1. Regrettably, that has been true of Wegmans for a while, as they replace everything with1 its own branded stuff, their meat has always been a bit pricey

      Delete
  11. I am not sure where they are getting the numbers. I have an exceptional memory. When I shop I know what the regular stuff I get used to cost, compared to now. I would estimate I am paying 50% more for food than a year or two ago. That which can't go on, won't. As the famous saying goes.

    ReplyDelete

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