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Utah hit with 9% increase at stores
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Unfortunately, I fear that what Big Oil has done to gas prices ("Hey! We can raise gas prices over 300% in 7 years and blame it on supply and demand!") will be echoed by a vast amount of businesses.
Making a profit is fine but taking advantage of one another is not, no matter what you're selling.
We can blame whomever I want. Bush was elected way longer than a year and a half ago but the cost of energy and food has only drastically risen since the Democrats took over.
A president isn't anywhere near as directly responsible for stuff like this as is a congress. Any you people can keep blaming Bush all you want ... he isn't running for reelection. The Democrats who have failed miserably ARE running for reelection.
Remember the headline from just a month ago ... "Congressional Approval Falls to Single Digits for First Time Ever". That rating was much higher when Republicans were in charge.
P.S wake up america, neither republicas or democrats have the answers for this force diet program that we are in!
However, the blame does not stop there. Many of our current problems were brought on by the mortgage financing collapse in this country. This collapse was caused by the greed of the financing companies but also by the arrogance of the consumers who have to have homes so large when they can barely afford to pay for them. The people put forward the demand and the banking institutions found a way to meet those demands.
So when you want to place blame remember the old adage that when you point fingers at someone else three others are pointing back at you. We do this to ourselves and then look for a scapegoat.
Energy. Bush is an oilman. Oil businesses are enjoying record profits. No if ands or buts, they are reaping windfall profits. They have no incentive to ask for regulation of speculative futures markets. They have no incentive to see new fields open up because the current supply situation is beneficial to their profit structure (keep supply tight, prices stay up). The oil production and refining markets are oligopolies, they set supply and price is set by that. There is no "free competition" as many of you republicans like to talk about. Alternative energy sources, nuclear, solar, wind, and ultimately HYDROGEN are truly the answer. The current market is broken beyond repair and a new set of companies with alternative energy need to come into being.
It's not possible to change our entire power infrastructure overnight. So we need some relief while these changes are in progress. In Utah we should have wind turbines since we have so much wind, espeically at the point-of-the-mountain.
It doesn't have to be either/or. Until our wonderful politicians can get out of the Repub/Demo mindset and start working together, we'll all continue to wring our hands while nothing is done.
Let's face it...our politicians on both sides have sold us out.
Now, for the heresey. My wife and I don't have TiVo. We don't have cable. We don't have a home phone (just cell phones). We don't buy expensive clothes. We still eat out whenever we want (which is not often in UT because the food chain options are pathetic compared to what we had in SoCal) and still go on vacation. The point is: everyone still has discretionary costs. Wanna afford your food? Cut back on other things in life. You'll be surprised at how your life improves without it.
Both parties are equally responsible for where our economy is today; and, both are responsible for the planned and methodical destruction of our way of life and our inspired U.S. Constitution
Theodore Rosevelt said, "nothing happens in politics by accident". Think about that!
They keep lowering the price but they keep shrinking the pizza.
The large pizza at Domino's is, and always has been, 14 inches. The medium ($8.99) is, and always has been, 12 inches. And no, they are not cutting back on portioning with the price drop.
I'm unclear on the "shrinkage" you are referring to.
Secondly, the list of items used contains many items that vary because of government intervention, not normal market forces. For example, corn prices have risen a lot because of ethanol subsidies in the Midwest and gasoline prices have risen because of government regulation, both foreign and domestic. These products are not representative of the average product people buy.
Thirdly, some of the prices used (e.g. blue jeans and Oreos) seem to use a discounted price in July. Regular prices should be used with all the products.
I think it's interesting to look at the difference in price for each item individually for people in Salt Lake, but I'm afraid that putting a big headline on the front page saying that prices in Utah have risen 9% based on this survey alone is a bit irresponsible.
Drilling for oil is not the answer. There are hundreds of wells capped right now because the restrictions for refinements are too expensive. It's cheaper to import the cleaner stuff from Persia. There is plenty of drilling for American needs. Costs are actually lower than producing our own. So why such high prices for everything?
Did you stop to consider the timing? As soon as we started posturing for Iran invasion the prices broke through the ceiling and they'll be in the stratosphere before we're through.
One of the MANY reasons for high prices is the overseas empire we're building and maintaining. It's quite expensive to invade and occupy other nations. They almost always take exception to it and then we're stuck with the bill.
I drive a four cylinder Hyundai. I get 40 miles to the gallon and I truly love my car. So those of you yelling that we all drive Vans and SUVs need to take a look around�not everyone is.
Just like the depressions of the past the government is not going to claim it. It has nothing to do with political parties. Americans are bread to be greedy, with purchasing on credit and taking out loans we will never be able to afford, our ancestors started it and now we are keeping it going.
Don�t point fingers, because our entire out of control spending habits got us here.
As stated in the story, the grocery price hikes represent a one-year increase. School lunch prices incresed 16 percent over FOUR years.
The second sentence in this story is clearly disingenuous.
Are you so "immature" to think that the current oil/energy situation and the economy is "Bushs' fault." The tired old adage. If President Bush and/or the Vice President had ANYTHING to do with this, they would have been impeached and jailed long ago. A bi-partisan senate committee review the whole mess and they couldn't even pin it on the US oil companies. As if you actually think that OPEC raising the per barrel price on seat crude takes their orders from the oval office!!!???!!!
There are plenty of things to do about this, and CONGRESS, yes both houses filled with democrats, could be doing it. . . but they are not. And you're yapin' bout the president. Humff
What's the most basic cause of inflation? An increase in the money supply not equaled by a corresponding increase in production! And what't the main cause of that? Who increases the money supply? THE FEDERAL RESERVE! Why? To allow deficit spending by the GOVERNMENT! All the billions of dollars in welfare costs, foreign aid, and wars since 1930 have been financed by BORROWED money. Money borrowed by the government, FED goes out and prints more money, which in injected into the money supply.
When you have more money chasing the same amount of things produced, PRICES GO UP, Guys. Think of an eBay auction--one bidder equals your opening price, but get two folks who want the same thing and the price shoots up to the limit of one of them's pocket.
Same thing is true of all sorts of things--medical care to cars. Then when prices go up, we demand higher wages, even if we aren't more productive--then prices go up again.
A solid gold or silver based currency kept this from happening in America from 1789 to the 1930's!
My next new car will be NG but I need something bigger than a Civic and I don't want a conversion.
Ramp up the factory production!
The houses of Congress have gone along with the Bush agenda because they are just like us. They are kept in the dark and given partial information. They are afraid, but not of terrorists. They are afraid of you, your lack of education and the fact that you believe any steaming pile of crud that is repeated over and over again. The executive office is using executive privledge and national security to hold back facts and, since the justice department has been compromised, there is no one to stop it.
Even T. Boone Pickens says we can't drill ourselves out of our current situation. Stop blaming the team and look at the coaches.
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