This past year inflation has been eating at everyone’s salaries. For people on a fixed income, retirees, this hit probably has been tougher than most. On 7/1/2008 my mom was told that the union was refused when they asked for a cost of living raise. Instead they will continue on the set raise of 2%/annually.
What [...]
Entries Tagged as 'inflation'
Inflation eating at retirement?
September 6th, 2008 · 2 Comments · Economy, Retirement, inflation
Tags: Economy·inflation·Retirement
More repercussions to high oil
June 7th, 2008 · No Comments · cars, inflation, recession
It appears that GM is downsizing their truck and SUV market here. They are closing 4 plants within North America which make trucks and SUVs. The company is also laying off 8,350 workers in North America.
Short term this will hurt many families, but long term it will mean less jobs in America and perhaps more [...]
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Food Inflation
June 4th, 2008 · 1 Comment · Frugal, inflation
Wow, I written about how expensive food has become. Well Liz Weston has published her findings here (with help from 3 coupon sites) about the increases in food prices. What she found was amazing. 5 staples of people’s budgets were way up.
Flour - up 37%
Eggs - up 34.8%
Sweet Peppers - up 29.2%
Milk - up 23.1%
Dried Beans - [...]
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