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+--- Thread: Will the media start reporting on the hyper-inflation we are starting to see in the food and hard good sectors? (/thread-70018.html)
Will the media start reporting on the hyper-inflation we are starting to see in the food and hard good sectors? - Wrenched - 05-01-2013 05:08 PM
We are borrowing 40 cents of every dollar our government spends.
- brainiacATwork - 05-01-2013 05:10 PM
I think you're right that the media has failed miserably when it comes to reporting things that affect us every time we go to the supermarket. The inflationary prices are mind boggling to say the least. How is it possible that our paychecks, our social security, our retirement plays pay the amount every month but the cost of food, clothing, rents, and automobiles has skyrocketed. This is a recession!! Didn't they get that memo?
we have flat incomes, and escalation of the prices of goods and services. There has to be a breaking point eventually.
- Lemme - 05-01-2013 05:23 PM
The media will start reporting on it once they can figure out how to blame everyone but Obama for it.
- warning2Dpublic - 05-01-2013 05:37 PM
@LEMME, it is NOT Obama’s fault; it is the American public who could care any less.
@BRAINIAC, never mind the “flat†paychecks. Concern yourself much more with the fact that according to none other than a well known Miami immigration attorney, many of the “undocumented†who go to her office tell her they are ALREADY on disability checks from the U.S. government, simply due to having nervous ticks developed under extreme stress while--are you ready for this?--crossing the river on their way to the U.S.!!!!
I believe what's wrong with the American mentality is that we are open-mouth waiting for the media to tell us how things are really doing.
- flower - 05-01-2013 05:38 PM
Borrowing has nothing to do with higher food prices. That is a global problem caused by government subsidies to farmers in other countries. U.S. inflation is only 2%.
- Mark - 05-01-2013 05:45 PM
Not too likely, given the corporate ownership and increasingly concentrated nature of the media.