A WSJ slideshow for the developmentally impaired ADD generation pokes holes in the BLS “core inflation” CPI that comes nowhere near real people’s experiences (because it excludes real people’s real essential expenditures for essential things like fuel and food). After all, “feddle gummint bureaucraps” apparently believe we should all just eat cake and fly around in our private jets like the “real” people they know. Or whatever.
Bullet points:
- “[Last month the] price of a gallon of gas was… $3.55. It’s now $3.84.” More importantly to me and my family, in America’s Third World County the day The Zero assumed office, gas was $1.40 per gallon. Now, it’s $3.66. That’s about 266% inflation on one item that is essential. What about
- Bread: White bread, “1st Quarter 2010: $1.71; 1st Quarter 2011: $1.88 (Source: American Farm Bureau–in fact, unless otherwise noted these are sourced from the American Farm Bureau). In one year, that’s nearly a 5% increase in cost. Nah, “Let them eat cake.”
- Milk (gallon) 1st Quarter 2010: $3.15; 1st Quarter 2011: $3.46. You do the math (Hint: it’s not the 1.4% the BLS claims for the CPI but more than double that.)
- Starbucks Ground Coffee (12 oz.) 1st Quarter 2010: $8.99; 1st Quarter 2011: $9.99 (Source: Wall Street Journal) OK, anyone stupid enough to buy Starbucks crap deserves what they get, but this is pretty typical of good coffees, too. And anyone who says coffee’s not an essential good is just itchin’ for a fight. Still, something on the order of an 11% inflation in price? Yep.
- Orange Juice (half gallon) 1st Quarter 2010: $2.98; 1st Quarter 2011: $3.14. 5% inflation.
- Ground beef (pound) 1st Quarter 2010: $2.63; 1st Quarter 2011: $3.10–and that’s not accounting for 2011 and 2012. 17%-18%?!? Shiite, Batman! We’re gonna need to start eating at The Peking Room!
- Potatoes (5 pounds) 1st Quarter 2010: $2.26; 1st Quarter 2011: $2.64. Another 18%-er.
And on and on it goes. Americans having to pay more for essential goods, more to be able to get to their lower-paying part time jobs, while “feddle gummint” cronies are soaking taxpayers to build “golden Solyndrachutes” and administration liars and their cronies, lickspittles and a$$boiz in the media, fellow travelers and co-conspirators are hard at work to build chains to keep more and more former citizens in slavery on the “gummint plantation”.