Chronicles Of Depression 2.0: #165

They’re making sure we can’t!

Food Prices Will Remain High

Food prices are expected to rise 4.5 percent to 5 percent this year and then another 4 percent to 5 percent in 2009, according to a government forecast to be released this week from the Department of Agriculture’s Economic Research Service.

Egg prices will crack double-digit price increases of at least 13 percent this year. Baked goods and cereals will rise more than 9 percent. And food items, like peanut butter, salad dressing, butter and cooking oils will go up by as much as 12.5 percent, largely due to higher soy prices.

What they have left out: pet food.

People are going to have to choose whether to feed themselves or their pets.

Oh the bill due on that Day of Reckoning keeps getting bigger.

Explore posts in the same categories: C.O.A.T. - Food, C.O.A.T. - Scams, C.O.A.T. - Self-Defense, Depression 2.0

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