March 8, 2008

Withering Economy Evidence Is Everywhere

Food prices are going through the roof.

The Labor Dept. assures us that core-inflation is only 4 per cent, but everybody knows it's load of malarkey.
Look around. The evidence of a withering economy is everywhere. In "good times" consumers shun the canned meat aisle altogether, but no more. Today, Spam sales are soaring; grocery stores can't keep it on the shelves. Everyone is looking for cheaper ways to feed their families.
The bottom line is that more and more people in "the richest country on earth" are now surviving on processed pig-meat.
White bread is up 13 percent, bacon is up 7 percent and peanut butter is up 9 percent. Inflation is rampant and there's no end in sight. The dollar is closing in on the peso and working people are struggling just to get by.
That says it all.



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