Obama Economy: Food Prices Skyrocketed in 2011
So you think you’ve been paying more for groceries because your food bill is too high?
You’re right. Barack Obama is consuming fine dining while you’re putting another helping of macaroni on your plate. In 2011, with Obama’s inflation beginning to hit, prices skyrocketed for staples that you consume, according to the government:
- Beef: +10.2%
- Pork: +8.5%
- Fish: +7.1%
- Eggs: +9.2%
- Dairy: +6.8%
- Oils and Fats: +9.3%
Thanks to those kinds of prices, more and more people are opting to stay home for dinner – restaurants are simply too expensive. The gap between how much Americans eat out and how much they eat at home is the biggest since the mid-1970’s oil crisis.
But it isn’t working. Because unemployment is high, prices for groceries are high, and the costs that retailers didn’t pass on to their consumers in 2011 in an attempt to keep businesses afloat are being introduced now, consumers are paying the price.
The good news: Michelle has been cautioning us to eat less. Now she’ll get her wish.