Price of Milk Soaring

Anyone else notice a bit less cash in their wallets?

There was an interesting article in my local newspaper today about the rising prices of milk, eggs, and other “essential” foods in America. According to the article egg prices have risen 19 percent in the past year, milk prices have gone up 13 percent, and fresh chicken prices have gone up 10 percent. Combine this with a two year upward trend in the price of gas and stagnating wages, and you have a problem.

However, our vaunted President Bush is greatly concerned. Here is his quote:

Meeting with economic writers last week, President Bush dismissed several polls that show Americans are down on the economy. He expressed surprise that inflation is one of the stated concerns.

“They cite inflation?” Bush asked, adding that “I happen to believe the war has clouded a lot of people’s sense of optimism.”

That is a quote from a man who is out of touch with the regular working people in this country, the ones who go to work every day, earn a paycheck, and have to buy groceries to feed their families.  This is more than the poor.  This includes the middle class as well.

The stock market’s doing great, though, right?

5 thoughts on “Price of Milk Soaring

  1. I seem to remember that g’dubya’s daddy didn’t know how much a quart of milk was when he was running for prez back in the 80’s. This whole damn bush crime family has never been in touch with anything, and certainly not with reality!

    The scientifically impossible I do right away
    The spiritually miraculous takes a bit longer

  2. Hello. I am contacting political bloggers around the country since I am one as well. I hope this email is not an intrusion.

    I am not sure if you have any expertise with regards to the commodities markets, but I do.

    America’s obsession with getting away from oil has led us to become obsessed with ethanol, made from corn and sugar. In America, from Corn. Corn farmers cannot plant the corn fast enough to meet the demand, and so much corn is being planted for fuel that there is less for food. A corn shortage for food jacks up the price not only of corn, but cattle and hogs as well. Companies like Coca Cola are paying more because of this as well due to the cost of corn syrup.

    It is not the President. It is supply and demand. Demand is out of control. No President can fix this, but they can make it worse by trying.

    If you are open to doing a link exchange, I get some pretty decent traffic.

    Thank you.

    eric aka http://www.blacktygrrrr.wordpress.com

    Also, if you are interested, I am # 6 in the country at the bloggers choice awards in the political category.

    http://www.bloggerschoiceawards.com/blogs/show/21020

  3. eric – it’s not that Bush can’t do anything about it. It’s that he won’t even acknowledge there is a problem, and even if he did I doubt he would care.

    I’ve been seeing a new trend of blaming everything on Ethanol. Wouldn’t high gas prices raise the cost of things as well?

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