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Do you ever buy pork and beans?
We try to remain low carb around here as it seems to work pretty well for us...
But of course we DO have pork and beans sometimes... Mrs. Warrior makes a mean batch of baked beans for BBQs and what not... Really good...
I KNOW in the past... but not really the distant past at all... I'm talking months here, not years. But in the 'not too distant' past we have always been able to buy canned pork and beans 3 for 1.00... Sometimes, if we were real lucky, even 4 for 1.00...
We were in Wal-Mart this weekend (gasp!) and a sign caught my eye... One of Wal-Mart's wonderful 'rollback' signs over a large display of, you guessed it, pork and beans...
The sign declared loudly that we were indeed fortunate shoppers as the price on canned pork and beans had been 'rolled back' from 68 cents a can all the way to 60 cents a can...
To me, when a can of beans that cost me 33 cents a few months ago now costs me 60 cents I have a hard time considering that to be a 'rollback' and it certainly doesn't sound like deflation, which almost seems to be the goal of the false/misleading advertising going on...
Maybe it's just me, but to me it seems that inflation is on the rise in a serious way throughout our entire economy... Oh the retailers are certainly going out of their way to 'hide' it or even TRY to make it 'seem' as if prices are dropping... They're not. Trust me on this...
Of course the government / FED changed the calculations for CPI under, I believe, the Clinton administration... Just as they have done with the unemployment data... When/if economic numbers are manipulated to present a matrix like view of the economy they can no longer be trusted at all to reflect reality... That's *my* opinion anyway...
Retailers have a slew of tricks they use to obfuscate the issue... Another favorite is to reduce the size/quantity of a package while maintaining the same price as before... This is STILL inflation...
It seems, logically, that having the ability to increase prices would be a good thing for retailers... It seems, to me, that retailers feel as if they MUST increase prices right now... To increase weak profit margins as fewer people are buying their goods...
And it's NOT just retailers who are increasing prices... It's commodities/utilities everywhere... Nearly every single state in the country is looking to increase taxes to help cover budget shortfalls... The federal government has painted itself into such a revenue light corner that they too will have no choice but to dramatically increase taxes on the American people, on the middle class, on everyone who pays taxes...
Rising prices/taxes in this sort of economy seems to be a recipe for disaster to me...
But who am I?
lol
Greg
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