Just A Small Economic Indicator
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It’s just a small economic indicator. A local grocery store, which is part of a national chain, sells whole wheat bread buns in bulk. There’s no packaging and the buns are tossed in a bin. In January of this year, a bun sold for nineteen cents ($0.19) each. Today, the cost of that item is forty two cents ($0.42).
That increase is more than two times just the cost in January, seven months ago. Very few people’s salary doubled in the last seven months.
Regardless of one’s ideological persuasions, I wonder if the politicians really understand the troubles faced by a majority of the people. Not only are people having trouble fuelling up the car to go to the grocery store, many cannot afford the basics at this rate of increase.
Catherine Forsythe
One Comment
Marcus Hamaker
July 31st, 2008
at 10:08am
I hear you… boxes of cereal seem to have doubled in price but are half the size they were 2 years ago. And I assure you, my salary has NOT doubled in a year!