That Non-inflation Thing

How’s that no inflation thing working out for you? In case you haven’t noticed, things are getting mighty expensive notwithstanding what the government and a supplicant press wants you to believe. Check out the cost of Peanut Butter, Crisco, Cereal (oatmeal in particular), almonds, olive oil, orange juice. Then look at the price of clothing, men’s shirts and shoes in particular. How about the cost of gasoline? Have you gone to a movie lately? Even deals in electronics don’t look like such good deals anymore, but rather desperate ploys to get rid of last year’s merchandise at last year’s prices. I did not see the bargains for electronic goods this year that I have seen in the past.

Inflation is bubbling all around you. Have you tried to have a home appliance repaired lately, or have someone come in to do some electrical or plumbing work? Nail tech’s and hairdressers are off the charts, with prices rising almost weekly. Don’t even mention the cost of hotel rooms and airplane tickets. The airlines will charge you for the emergency gas mask that falls from the ceiling in case of decompression. Hey…decompress this.

The press doesn’t want to report on these things; just like it doesn’t want to report on the homeless, the hungry, the soup lines, the people living in poverty under the Obama administration. The only time you hear about the hungry is during a Second Harvest Food Bank drive that claims that the local food banks are being swamped by unprecedented demand.

Folks…things are bad, and they aren’t going to get much better anytime soon. As things heat up with Iran, lack of drilling in the United States due to EPA regulations will drive the cost of gasoline up even higher. The Federal Reserve is getting ready for QE3 (no, silly, not Queen Elizabeth…Quantitative easing-that means it is going to print more money!!!). Things are slowing down in China. Europe is a basket case. The unemployment figures will start to rise again as the temporary Christmas hires get laid off, and more people drop out of the work force, discouraged and desperate.

It’s time that this country wakes up to what is really going on. Our banking system is not out of the woods. The national debt is now equal to 100% of a year's GDP…that is approaching European style default levels.

Any you won’t read about any of this in the New York Times, or the Washington Post, or on NBC/CBS/ABC or CNN. It doesn’t fit the Obama narrative of blaming the rich for piss poor governmental policy allowing China and OPEC to drain our currency, and an out of control EPA that is killing the domestic supply of energy in the name of global warming.

And before I forget, when was the last time you got a raise?  This is scary stuff. Remember all of this the next time you pay $8.00 for a jar of peanut butter, and then go home and watch Matt Lauer sing Obams's praises.

Comments

Anonymous said…
Mark, everything you say is true, unfortunately. Being a Gingrich supporter because I believe he is the smartest candidate running and is sharp enough to bash Obama in any debate, believe all conservatives HAVE to get off the Romney train, he (Romney) will not beat Obama, drat! MK
9:25 AM
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