A poll came out this past week.....around one-third of Americans see themselves poorer over the past year.
Are they really poorer? Well....a lot of this goes to inflation, and unexpected rises in regular cost (like gas for example).
Maybe you shopped in 2020 and a grocery-cart for you was around $139. The same grocery-cart of items today? It probably runs around $159 to $169.
You counter that by buying lesser quality items....shopping more by coupons/sales, and maybe you feel only slightly poorer. Instead of buying your monthly bottle of Jack Daniels....you buy an off-brand whiskey that is 25-percent cheaper, and shake head over the lost taste. You buy a cheaper toilet paper....that isn't the same quality but you just accept this as a result of reality.
The problem I see with this....how do things go in 2023? That $139 shopping cart that flipped to $169....will it escalate to $189? Will this all lead to an even worse situation?
Eugene, Oregon
ReplyDeleteTuesday, I was in Fred Meyer, the yuge local-owned family-operated mega everything store.
Seriously big.
It is bigger than the Wal*Mart Regional Super-Center across the street.
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First Tuesday is Senior Appreciation day, ten-to-thirty percent off at the kosher.
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January, 2022, I checked the price of a bucket of local-owned family-operated Mountain House camping and emergency foodpacks -- us$69.
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This week -- us$149.
The price >doubled in three months.
Let's hear from a brainiac -- is this a thousand percent (1,000%) annual inflation?
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An aside:
At the gym today, LGB tank-tops are popular.
Somebody says Brandon approval hovers around 24% (twenty-four percent).
Does that seem 'optimistic'?