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Bradical79

(4,490 posts)

18. Food prices and national economy aren't as tied together as they were

Reply to imanamerican63 (Original post)

Sun Jan 21, 2018, 11:55 AM

Jan 2018

It's not a simple relationship with "the economy".

http://abcnews.go.com/Business/story?id=5017914&page=1

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I keep hearing the economy is booming? [View all] imanamerican63 Jan 2018 OP

the economy IS booming handmade34 Jan 2018 #1

Wealth & income inequality keep growing and rapidly becoming biggest societal problem. . . . . nt Bernardo de La Paz Jan 2018 #4

For most items, as wages go up prices are pushed up. AJT Jan 2018 #2

What are you talking about? Wages up? Gabi Hayes Jan 2018 #6

We are at full employment, which happened at the end of the Obama administration, AJT Jan 2018 #9

Understood, but this boom epitomizes the fallacy of supply side economics Gabi Hayes Jan 2018 #11

It also doesn't take into account that the boomers are retiring AJT Jan 2018 #22

Watch for a new improved scheme to privatize Medicare and SS Gabi Hayes Jan 2018 #23

That's been the evil dream of the GOP since the new deal was enacted. AJT Jan 2018 #24

Smedley Butler! Gabi Hayes Jan 2018 #26

Prices always steadily increase no matter what the wages are True_Blue Jan 2018 #28

Bingo. the greed of the 1% knows no bounds. nt TheFrenchRazor Jan 2018 #52

Stock market is booming, at about Obama's pace. Economy not so much, not as much growth as Obama era Bernardo de La Paz Jan 2018 #3

We were also told that corporate tax cuts & deregulation would bring prices down. nt RandiFan1290 Jan 2018 #5

Hah, Hah, Hah! smirkymonkey Jan 2018 #29

I'm still waiting ...... Ohiogal Jan 2018 #37

It depends where Kilgore Jan 2018 #7

I also see lots of "We're Hiring" signs Ohiogal Jan 2018 #8

Significant regional differences but overall average is heading in positive direction. honest.abe Jan 2018 #10

An increasing economy increases costs. JayhawkSD Jan 2018 #12

It is a general question and not wrong to question how they frame booming! imanamerican63 Jan 2018 #15

Given that almost 40% of the work force is not working... JayhawkSD Jan 2018 #35

I'm not going to get in tit for tat discussion, my point won't make you happy! imanamerican63 Jan 2018 #41

40% of the work force is not working? PoindexterOglethorpe Jan 2018 #56

It's called the "participation rate." JayhawkSD Jan 2018 #62

But most of those are probably not looking for jobs for lots of reasons. PoindexterOglethorpe Jan 2018 #63

Thank you for educating me. JayhawkSD Jan 2018 #64

That discussion/argument PoindexterOglethorpe Jan 2018 #65

Germany's Economy is thriving and so is the standard of living - and their groceries are on average Pachamama Jan 2018 #17

I was in France and Switzerland for 3 weeks this fall GulfCoast66 Jan 2018 #50

Switzerland is notoriously expensive for everyone and everything.... Pachamama Jan 2018 #51

Agree you can not count Switzerland GulfCoast66 Jan 2018 #57

"In Beef and Toilet Paper we kill them..." Pachamama Jan 2018 #60

I know nothing about economics, but I do understand English. logosoco Jan 2018 #13

Hey logosoco Ohiogal Jan 2018 #30

$5.99 for a jar of Best Foods mayonnaise CountAllVotes Jan 2018 #14

I keep seeing the price of food rising and it becoming hard for most people to afford groceries Pachamama Jan 2018 #16

Remember that vile Jason Chaffetz Ohiogal Jan 2018 #31

I haven't had a raise in years and I am finding basic food costs almost prohibitive. smirkymonkey Jan 2018 #32

I hear you Ohiogal Jan 2018 #36

I really wish I could grow my own food. smirkymonkey Jan 2018 #39

I canned 38 qts. Ohiogal Jan 2018 #44

I grew up that way. We always had a big garden and picked berries in the woods. smirkymonkey Jan 2018 #49

To me, Ohiogal Jan 2018 #58

That's a great idea! Good for you! smirkymonkey Jan 2018 #59

been going on for a long time. price of bare essentials goes up much faster than wages. nt TheFrenchRazor Jan 2018 #53

When the price of bare essentials slows down or is at a steady pace with wage increases.... Pachamama Jan 2018 #61

Food prices and national economy aren't as tied together as they were Bradical79 Jan 2018 #18

Does a good economy... RussBLib Jan 2018 #19

That's an excellent point, RussLib Ohiogal Jan 2018 #33

The corporate-level economy is booming. aikoaiko Jan 2018 #20

Thank you Obama. shockey80 Jan 2018 #21

It's booming for the 1%ers workinclasszero Jan 2018 #25

it depends on your perspective. drray23 Jan 2018 #27

Well, gosh! (forehead slap) Ohiogal Jan 2018 #34

I'm wary of gov't numbers now. moondust Jan 2018 #38

In general, if the economy is booming Yupster Jan 2018 #40

I think it has been said. gvstn Jan 2018 #42

Yet Ohiogal Jan 2018 #47

It's booming if you're heavily invested in the stock market and that's about it. Vinca Jan 2018 #43

What about all the layoffs were hearing about too? Proud Liberal Dem Jan 2018 #45

Old GOP Formula: Take an economy made healthy by Democrats; then slash regulations to *juice* it... VOX Jan 2018 #46

Indeed. kentuck Jan 2018 #48

Inequality level is a much better indicator of how good.. mvd Jan 2018 #54

My side hustle is booming crazycatlady Jan 2018 #55