The Economy and Food Costs

A tad depressed at the thought of another tough year dealing with higher gas prices, inflated food costs and less than adequate salaries to compensate employees in the higher priced market. It's a shame income cannot increase nearly as fast as inflation, higher gas prices and food in the market.

In 1967 the cost of milk was $1.15 gallon and gas was $.33 a gallon. In today's market milk is upwards of $3.00 plus per gallon in places and organic is even higher, and the price of gas hovers at $4.05. With the market demands as high as they are the economy is sure to slide into a recession if it's not already there.

How are people going to cope with 30-40% increases in flour, 20-30% increases in grain and similar commodities and the price of corn going through the roof due to poorly mandated ethanol production that is doing nothing to help the economy! It's had a reverse effect and the flooding out west as taken a toll on what was planted so now the farmers and consumers are more behind the eight ball than before the corn was planted!

Enough is enough, when will society learn from it's mistakes and compensate those in need vs. those in power. Will it take the downfall of the United States economy? Time will only tell!