Campare and Contrast #2

posted by The Vidiot @ 10:21 AM Permalink

First, the Bureau of Labor Statistics reports that inflation is hovering around 3-4%

The Consumer Price Index for All Urban Consumers (CPI-U) increased
0.3 percent in February before seasonal adjustment, the Bureau of Labor
Statistics of the U.S. Department of Labor reported today. The February
level of 211.693 (1982-84=100) was 4.0 percent higher than in February
2007.

The Consumer Price Index for Urban Wage Earners and Clerical Workers
(CPI-W) increased 0.2 percent in February prior to seasonal adjustment.
The February level of 207.254 (1982-84=100) was 4.4 percent higher than in
February 2007.

The Chained Consumer Price Index for All Urban Consumers (C-CPI-U)
increased 0.3 percent in February on a not seasonally adjusted basis. The
February level of 122.251 (December 1999=100) was 3.7 percent higher than
in February 2007. Please note that the indexes for the post-2006 period
are subject to revision.

Second, the price of food is WAY up.

"The price of flour today is about four times the amount of price that it was in August, and it's going up on a weekly basis," says >Moshe Hecht, co-owner of the Schwartz Bakery and Cafe in Los Angeles. "But it's not only flour that it's affecting. It's also affecting eggs, oil, and everything that goes along with it" in producing baked goods.

Again, discuss amongst yourselves.

Labels: Economy, propaganda