"Dave" wrote in message
...
"cat daddy" wrote in message
...
Let 'em eat powdered cellulose...

Prices for key foods are rising sharply
http://www.mcclatchydc.com/227/story/18902.html

"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."

The Bureau of Labor Statistics said in its June inflation report that
egg
prices are 19.5 percent higher than they were in June 2006. , whole milk
was
up 13.3 percent; fresh chicken 10 percent; navel oranges 19.8 percent;
apples 11.7 percent. Dried beans were up 11.5 percent, and white bread
just
missed double-digit growth, rising by 9.6 percent.



Way I look at it there's many things going on that are causing rapid price
increases of staple foods.
1. Ethanol production raising the price of corn.
2. Increased gasoline prices, where transportation costs were delayed in
many cases till as of late.
3. Labor involved may have involved minimum wage laborers, this price
offset was delayed slightly until as of late. The minimum wage went up.
This may occur anywhere in the food production, transportation, storage,
and
retail levels.
4. Hidden in the price costs, were injected increased prices that may
equal
the same or more profit percentile level as before all this.

Yep, Bush is in denial. Again...
Dave

Yeah, Bush don't shop. A gallon of milk's up about a $1.50 over the last
month here, which makes it about 1.5 times more expensive than gasoline. How
does that happen?

I think it was Guiliani who was asked about the price of milk and bread
back in the Spring and he was living in 70's....
Yep, here it is:

http://weblogs.chicagotribune.com/ne...ilk_bread.html

, April 11, 2007 »

Giuliani's price-test: Milk, bread?

MONTGOMERY, Ala. – It looks like it’s been a while since Rudolph Giuliani
picked up a few things at the store on his way home from work.

Like a gallon of milk and a loaf of bread, for instance. Giuliani was asked
by a reporter here if he could name the price for those household staples,
and his guesses were off the mark.

“A gallon of milk is probably about a $1.50, a loaf of bread about a $1.25,
$1.30, last time I bought one,” he said.

A check of the Web-site for D’Agostino supermarket on Manhattan’s Upper East
Side – where Giuliani lives -- showed a gallon of milk priced at $4.19 and a
loaf of white bread at $2.99 to $3.39.

The Waldbaum’s website listed milk for $3.38 on Long Island and bread from
$1.39 to $3.49.

Giuliani got a little closer on the price of a gallon of gas, $2.89.