Updated 161 Days ago

The cost of eating and drinking

Is all this talk of rising costs, inflation, interest rates, and such really impacting your life?

This morning we awoke to headlines about rising food prices and easing inflation. If prices are going up, isn't that inflation?

OK. That aside, have you noticed a change in prices at the grocery store? They say food prices went up .9% in March. That's a big number according to these economy guys. Everybody likes to wave their arms and act like we're falling into the second great depression every time numbers like these come out.


But what is .9% anyway? Every time you blow a hundred bucks at Sam's, it costs an extra dollar? So if you spend $100 a week at the store, you spent $4 more last month. Not a huge deal, though it becomes more worrisome if we see jumps like that several months in a row.

It's costing a lot more to buy corn these days. There are two reasons for that: a weak dollar causing people around the world to buy all their grain from us, and this whole ethanol thing. There's plenty of debate as to whether making gas out of corn is just a way to line the pockets of farmers in states with powerful congressmen.

(And farm owners everywhere. Did you hear David Letterman is getting a government farm subsidy?)

The biggest price increase I've noticed, (other than gas) has been beer. A twelve pack of many brands has gone up two bucks or more since I moved here in October. Now that's serious!

What's my point? The economy being "good" or "bad" is all a matter of perspective. If a couple of bucks at the grocery doesn't bother you, then the economy is fine. If you're on a tight income or you're trying to sell a house, there's a problem.

The thing I've noticed most is how all the politicians want to tell you how bad things are. They preach it to voters and the media, and it ends up being written about twice as much. That way we'll vote for said politicians to fix all that's wrong. Hmm. Are people benefiting from all this panic?



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