Thursday, July 31, 2008

Inflation Rant

I was just reading this and it got me to thinking...

The gas prices are gone crazy, but it isn't the gas prices themselves that are the big problem. The price of gas has caused everything else to skyrocket.

I mean something really has to be done. Last December I was paying $7.89 for 50lbs of corn for my chickens, and last week I paid $16.39 for 50lbs. Last summer milk was under $3 a gallon. This summer I stopped buying milk after it went over $5.50 a gallon. Last sumer oranges were 10 for a dollar, this summer they are $1.25 per orange! Pomergrants were .99c last year, they are $3.99 this year. Why? Because of the trucking shortage. Truckers can't afford gas to ship food to the stores, stores are raising prices because their shelves are not being restocked.

Did you know that in December it cost me $30 a month to buy catfood, and now just 6 months later it cost me $90 per month for the same amount of catfood! That's triple the about in less than 6 months!

It was on the news last night that the food prices have gone up so much that people can no longer afford to pay their daily bills. They said there are home for closers at a rate of 8,000 per day, as a result, and they expect that number to rise over the next 2 months.... that's more for closers per day than we saw in the 1920's, which says to me that if something isn't done, and done soon, we are going to be hit with a second great depression and it'll make the last one look like a pleasant daydream.

I do question however, the fact that Texas and Alaska are already drilling enough oil for the country and yet we are not using it, because we are sending it overseas. Seems to me like it'd save a lot of money and bring gas prices back down under $2 a gallon.

Another thing, Canada produces just as much oil as Iraq... why don't we buy it from Canada?

Another thing... did you know that 78% of the money we pay for gas prices if tax? It is not the actual oil price that is cause the gas prices to go up as much as it is the sky rocketing taxes that the gov is adding on top of the base price of oil. There should be a cap on how much taxes they can charge for gas. I am so sick of the government lately.

The gov needs to start using the oil from our own country instead of buying overseas, AND they need to cut the gas tax.

What's your take on this? I'd love to hear what you have to say about this post. Leave a comment and share your views!

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