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Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349

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Welcome to Economic Hell

The inflation numbers for October 2021 have dropped, and while they’ve got Wall Street excited, normal Americans are in for a shock. The Consumer Price Index came in at 7.1 percent, but that’s only part of the story.

Consider what products are seeing their highest price increases and ask yourself whether your prices have only gone up 7.1 percent year over year.

Yesterday, I tried to go buy some meat at the grocery store with the notion to buy some rib-eye steaks. The prices were so exhorbitant that I went home with a pack of pork. There was absolutely nothing available in the meat department I would consider affordable to a normal family. It’s just a matter of how low in quality one wants to go while still paying too much for it. Meanwhile, eggs, perhaps the most common family staple in existence, are up 49.1 percent.

But these numbers don’t even give the whole story because we’ve now officially entered the period where year-over-year totals tell us nothing except that last year’s totals were also high. When your baseline is 6.8 percent, which is what November 2021’s inflation rate was, then that 7.1 percent in 2022 actually adds up to a 14.4 percent increase in prices since Joe Biden was elected.

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6 thoughts on “Welcome to Economic Hell”

  1. Must shop around these days for meat deals. ACME and Foodlion on the island dont cut it anymore. Theres an Aldis now…BJs in Delaware….Harris Teeters on 54….a Safeway and giant in Rehoboth with folks who will cut meat. Just need to shop and freeze.

    1. Aldi and Harris Teeter are both owned by Soros…I’d rather my kids starve to death than give money to those commie pedos…

      1. Well then, thats your choice. 1110am

        Hindsight – any type of poor behavior to children could be received by those in authority as criminal. Even joking in this world – must be careful.

        Hastings Butcher Shop near Laurel DE pretty pretty good!

        Harris Teeter has a very nice bakery too. just sayin there are options out there.

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