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Dec 6th, 2017
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Joined: May 2005
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Member CHB-OG
Joined: May 2005
Posts: 47,433 Likes: 373 |
What can a dollar purchase today? - Gum is $1.29
- Candy bars are $1.29
- Newspapers are .50¢
...so bascially, the $1.00 is worth nothing. It takes at least two dollars to purchase anything of note, and four dollars to purchase food staples.
Contrarian, extraordinaire
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Joined: Jul 2004
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ardy, first off let's just agree not to call mcd's food. when we speak of food ![[Linked Image from i48.photobucket.com]](http://i48.photobucket.com/albums/f228/ca_rickf/Smilies/notworthy.gif) Real food: - Milk has increase to nearly $4.50 per gallon in NorCal.
- Eggs are nearly $3.00 per dozen here in NorCal.
- Bread is $3.50 per loaf
rick, cali and florida typically lead the pack in price hikes, as well as other unfortunate economic indicators. our prices in nc have jumped big time as well, but it looks like we're roughly 60 cents behind you. some things are relative, however, as i am sure the crunch is felt here as hard as you have it there. meet you at the bread line.
sure, you can talk to god, but if you don't listen then what's the use? so, onward through the fog!
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Joined: Dec 2005
Posts: 12,010
Pooh-Bah
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Pooh-Bah
Joined: Dec 2005
Posts: 12,010 |
ardy, first off let's just agree not to call mcd's food. when we speak of food, let's speak of real food, that we grow, or prepare. mcd's may as well be soilent green. I do not argue that MCD is great food. I simply rised it as a benchmark to show that people are not going to be starving to death any time soon. As far as actual prices for real food, I just bought 2 gal of milk at Safeway for $6, If someone wants to eat beans, rice, potatoes, or pasta... you can still do that relatively inexpensively. I do not say that prices are not going up. Clearly they are, and will rise further. But it is more likely that people will feel pressed because they cannot afford to heat their house or pay to commute to work, or they have no place to live because of the sub prime mess, or they lost their job and cannot find another. In general I agree that there could be big economic problems ahead.
"It's not a lie if you believe it." -- George Costanza
The whole problem with the world is that fools and fanatics are always so certain of themselves. --Bertrand Russel
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Joined: Jul 2004
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we tend to agree overall but i would also point out that on this coast, in the winter where we burn oil for heat, people have been having to weigh oil heat versus groceries this year.
sure, you can talk to god, but if you don't listen then what's the use? so, onward through the fog!
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Joined: Dec 2005
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Pooh-Bah
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Pooh-Bah
Joined: Dec 2005
Posts: 12,010 |
we tend to agree overall but i would also point out that on this coast, in the winter where we burn oil for heat, people have been having to weigh oil heat versus groceries this year. And my feeling is that is going to get worse in the years ahead. To the extent there is any good news... our country has been so wasteful with energy, that there is a lot of room to conserve. By the way, we only heat one room now... of course that is much easier in california. But winter is still an uncomfortable time.
"It's not a lie if you believe it." -- George Costanza
The whole problem with the world is that fools and fanatics are always so certain of themselves. --Bertrand Russel
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Joined: Jul 2004
Posts: 7,626
veteran
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Joined: Jul 2004
Posts: 7,626 |
we tend to agree overall but i would also point out that on this coast, in the winter where we burn oil for heat, people have been having to weigh oil heat versus groceries this year. And my feeling is that is going to get worse in the years ahead. To the extent there is any good news... our country has been so wasteful with energy, that there is a lot of room to conserve. By the way, we only heat one room now... of course that is much easier in california. But winter is still an uncomfortable time. indeed. for our own part, since mine is the only income, we will keep the thermostat at 60 and wear sweaters when necessary. heating oil climbed near $4 a gallon.
sure, you can talk to god, but if you don't listen then what's the use? so, onward through the fog!
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Joined: Feb 2004
Posts: 973
journeyman
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journeyman
Joined: Feb 2004
Posts: 973 |
Rick,
Your prices aren't much different than mine, and I'm not in California!!
Store brand milk 4.00 a gallon, 'name brand almost 6 dollars a gallon
Eggs, ditto
Bread a bit cheaper at 2.89 a loaf for the decent brand,
AS for the local model, I do believe 'we' are in for a drastic change in outlook, relying more on local produce as opposed to exotic, shipped in goods. If I really get my tail in a twist, my friend and close by neighbor is on 78 acres, which I can go and slap some chickens, a cow and a plot for veggies on. Alternatively, the elderly woman down the road from me owns a nice chunk of acreage she'd lease me, so all in all, I'd be OK on food.
I guess what totally frosts me about all of this is the problems are fueld by greed, pure and bloody simple. The smart people are wringing their hands wondering how on earth this crisis came about, puhleeze!!! even a simpleton like me could predict this crash watching housing prices go through the roof based on what? not value, but some artificial appreciation system not grounded in reality? Same with 'credit' crisis, if you keep devising exotic lending tools to get money into the hands of folks who can't afford to pay the money back? It's gonna fall like dominoes every time. Oil prices? Again, greed, greed on the part of 'investors' and I'm so looking forward to the day the bottom falls out on that one too. Hope they have some cake to go along with that oil
Here in America we are descended in blood and in spirit from revolutionists and rebels -- men and women who dare to dissent from accepted doctrine. As their heirs, we may never confuse honest dissent with disloyal subversion.
Dwight D. Eisenhower
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Joined: Jul 2004
Posts: 9,740 Likes: 1
veteran
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veteran
Joined: Jul 2004
Posts: 9,740 Likes: 1 |
hey how much is a 2kg roasting chicken.
i saw one in the supermarket today for 11 euro thats about 17.2302 USD
shiiiiiit
looks like ill be eating a lot of pasta soon, and i hate the stuff.
soylent green for me i think
"The basic tool for the manipulation of reality is the manipulation of words. If you can control the meaning of words, you can control the people who must use the words."
(Philip K.Dick)
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Joined: Jul 2004
Posts: 9,740 Likes: 1
veteran
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Joined: Jul 2004
Posts: 9,740 Likes: 1 |
I guess what totally frosts me about all of this is the problems are fueld by greed, pure and bloody simple. The smart people are wringing their hands wondering how on earth this crisis came about, puhleeze!!! ![[Linked Image from i180.photobucket.com]](http://i180.photobucket.com/albums/x236/Schlackorama/breen.gif)
"The basic tool for the manipulation of reality is the manipulation of words. If you can control the meaning of words, you can control the people who must use the words."
(Philip K.Dick)
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Joined: Jun 2004
Posts: 21,134
Administrator Bionic Scribe
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Administrator Bionic Scribe
Joined: Jun 2004
Posts: 21,134 |
The unemployment rate rose past 5% last month and the economy lost more jobs than expected, the Labor Department reported today, deepening the growing consensus among economists that the country is in a recession.
The jobless rate reached 5.1% in March, its highest level since the job losses that followed Hurricane Katrina in September 2005. Employers reported that nonfarm payrolls shrank by 80,000 jobs -- the sharpest drop in five years. That followed losses of a net 76,000 jobs each in January and February, for a total contraction of 232,000 jobs over three months.
Mark Zandi, chief economist for Moody's Economy.com, said the most worrisome news was not just the losses but the fact that they were spread throughout the economy.
"It was a broad-based decline. It wasn't just housing and Wall Street. The problems in the housing market have now affected the rest of the economy," Zandi said.
Life is a banquet -- and most poor suckers are starving to death -- Auntie Mame
You are born naked and everything else is drag - RuPaul
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