Local Newspaper Editorial–The cost of living also rises

Among the many disconcerting leaps of logic taken by the federal government is the omission of food and fuel prices from its measures of the consumer price index ”” inflation. Somehow that doesn’t ease the bottom-line purchasing pain at the grocery store and the gas pump.

OK, so as of Friday, the average price of a gallon of regular had fallen by more than 30 cents over the last month.

Still, that was more than 6 cents higher than it was on that date a year ago ”” and nearly double what it was in early 2008.

Read it all.


Posted in * Culture-Watch, * Economics, Politics, Consumer/consumer spending, Corporations/Corporate Life, Dieting/Food/Nutrition, Economy, Energy, Natural Resources, Personal Finance, The U.S. Government