Grand County Uncensored Headline Animator

Thursday, March 31, 2011

Inflation Rising At A Store Near You

According to an article in USA Today, Wal-Mart CEO Bill Simon says, "U.S. consumers face "serious" inflation in the months ahead for clothing, food and other products."(USA Today)


If you haven't already noticed, the price of everything from gasoline to milk has gone up considerably in the last few months. Of course, anyone who's been reading my letters to the editor or this blog already knows this. 


Back in November, I wrote a letter to the editor of the SkyHI Daily News, and said in part:


"In February, when you're paying nearly a dollar more per gallon of gasoline than you are today, ask yourself how much more you have to take before you pick up the phone and call your representatives. You're being taxed in direct violation of the Constitution, and the only way to stop it is to speak up. This is not an issue of Republican vs Democrat vs Tea Party. This is about of the rule of law. If you care about your country, the time to speak up is now. Please get rid of Bernanke."


Gasoline has actually risen more than a dollar since I wrote that piece, and it's going to continue to climb into the summer months. 


"Along with steep increases in raw material costs, John Long, a retail strategist at Kurt Salmon, says labor costs in China and fuel costs for transportation are weighing heavily on retailers. He predicts prices will start increasing at all retailers in June."(USA Today)


Everybody is strapped--especially the average U.S. citizen. With state and local governments contemplating tax and fee increases, it's time to cinch up your belts because things are going to get much much worse. 

No comments:

Post a Comment

Say anything you want. Please don't cuss. If you post anonymously, please post your county of residence. Make sure you have Javascript enabled on your browser's preferences.