Name:	lucky67 -	Reply
Subject:	recession
Date:	2/2/2023 12:44:01 PM (updated 2/2/2023 12:45:13 PM)

I've lived through 4 recessions--I remember 17.5% 30 year mortgages & gas only available a few days a week, but i dont remember food prices escalating like they are today--a family with 2-4 kids must really be feeling the pinch--I just left grocery store   and literally saw 4 workers changing price stickers on items

Name:	phil -	Reply
Subject:	recession
Date:	2/2/2023 12:53:18 PM (updated 2/2/2023 12:54:29 PM)

Will not be much longer till they go to digital shelf tags for items so they can be updated quicker/faster/without extra labor to save money!

Went to Publix and bought a handfull of items - $112 in two bags with almost no meat!

Name:	Talullahhound -	Reply
Subject:	recession
Date:	2/2/2023 4:02:45 PM

I can attest to the rise in grocery prices, that's for sure.  I often wonder how families are doing it, because every week the stuff is going up in price.  I notice that Publix is only putting out the cheaper cuts of meat and even they are really expensive.  I understand that Alabama just cut down the amount people are getting for food stamps.  I guess they raised it during the pandemic and the article I read said something about the cuts being $179 a month.  

I usually shop for clothes in one particular store and I notice that the price of everything is up $10-20 dollars, with no improvement on the quality.  

Don't worry, next week Joe is giving the State of the Union and we'll be told her great everything is going.

Name:	GoneFishin -	Reply
Subject:	recession
Date:	2/2/2023 4:23:33 PM

Publix is quite expensive. Suggest you shop Wlamart...and use Publix for  what you can't find at Walmart.  We buy meats at Publix and their 2 for 1. Everything else at Walmart. Best time to shop  Walmart is in the evening....no crowds.

Name:	Talullahhound -	Reply
Subject:	recession
Date:	2/2/2023 8:07:05 PM

I don't shop at Walmart, unless I am in dire straights.  They may be cheaper, but I'm not shopping there.

Name:	GoneFishin -	Reply
Subject:	recession
Date:	2/2/2023 10:36:24 PM

Then just accept that Publix is top of the line and you have to pay for it. They have always been more expensive.

Name:	MrHodja -	Reply
Subject:	recession
Date:	2/2/2023 10:55:35 PM (updated 2/2/2023 10:56:30 PM)

I just wish we had Harris Teeter and/or Wegmans as a choice. There's just two mouths to feed at our house so a little extra for better quality and shopping experience is OK in my book.  You endure Walmart vs shopping there. 

Name:	Talullahhound -	Reply
Subject:	Yes!
Date:	2/3/2023 10:18:09 AM

Wegman's would be great, wouldn 't it?  I liked Harris Teeter too.  Even after 15 years here, I miss great supermarkets.  Publix is about as close as you can get.  At least they have produce that doesn't look like something someone threw out.

Name:	MartiniMan -	Reply
Subject:	recession
Date:	2/3/2023 12:25:22 PM

The problem with Goofy's suggestion is two fold.  One, prices are likewise up at Walmart, albeit lower than Publix, like it was lower before the massive inflation.  Two, isn't it sad that rather than being unhappy about inflation we should all just shop at a place like Walmart because of the price increases?  Sort of the inflation version of learn to code.  Lose your job due to government interference in the free markets?  Learn to code.  Inflation so high that your food costs are out of control?  Shop at Walmart.  That kind of solution to a government created problem is annoying to say the least.

Name:	GoneFishin -	Reply
Subject:	recession
Date:	2/3/2023 1:31:02 PM (updated 2/3/2023 3:52:11 PM)

Isn't great that we have a choice? We have a Neighborhood Walmart which does not carry clothes or electronics...just grocery and pharmacy. Nothing wrong shopping upscale but that's your choice.

The economy is doing pretty good when you look at the numbers for January. Could this be causing inflation? Could the war in Ukraine? Could recovering from the worldwide supply chain? Could the avian flu and killing of 50 million egg laying chickens? Could the fact that alot of oil rigs have not been restarted for fear that too much capacity will reduce the price and make the new wells unprofitable?

"Employers added 517,000 jobs in January, the Labor Department said in its monthly payroll report released Friday, easily topping the 185,000 jobs forecast by economists. It marked the best month for job creation since July. The unemployment rate, meanwhile, unexpectedly dropped to 3.4%, the lowest level since 1969." 

No, the reason is Joe and Hunter are repricing products at Publix at night while you sleep so you can bi*ch about higher prices.

Name:	MartiniMan -	Reply
Subject:	You got this all wrong as usual
Date:	2/3/2023 3:56:02 PM

The cause of inflation is too many dollars chasing too few goods.  Those dollars were pumped into the economy when we didn't need them.....and yes, I blame Biden and the Democrat controlled Congress for that becasue, well, they controlled Congress and the WH and they spent the money that we have to borrow from China.  And then when they caused inflation it forced the Fed to raise interest rates also making borrowed money more expensive.  And ultimately the Fed is going to have to cause a recession in order to dampen inflation.

Ask yourself this question, why didn't the prior pandemic induced spendng cause inflation?  Answer, because the economy was reeling from the pandemic induced shut down.  But as the economy began to recover as those closures were ended the Democrats just had to pump trillions more even when told it would cause inflation (because it always does for those of us informed on the history of currency and banking).  As for Hunter, the only inflation he is responsible for is the Big Guy's inflated net worth from his pay for play schemes.  And on that note he was very successful.

Yes, we have choices to economize when inflation hits, but wouldn't it be nice if we weren't forced into those decisions by unnecessary inflation?  And wouldn't it be nice if the Fed didn't have to raise inerest rates risking a recession to tackle inflation?  But that and $6 would get me a latte at Starbucks.

Name:	GoneFishin -	Reply
Subject:	You got this all wrong as usual
Date:	2/3/2023 4:14:07 PM

Why do we have too few goods?

"The economy is doing pretty good when you look at the numbers for January. Could this be causing inflation? Could the war in Ukraine? Could recovering from the worldwide supply chain? Could the avian flu and killing of 50 million egg laying chickens? Could the fact that alot of oil rigs have not been restarted for fear that too much capacity will reduce the price and make the new wells unprofitable?"

Look at cars...they sit 90% completed waiting for parts from China so prices rise for those on the lot and used cars increase in price to meet the demand since new cars are limited. Went into a Toyota dealer the other day and they had just a few new cars for sale. Yes, dollars chasing limited products.

517,000 new jobs and now these people will have more buying power. More inflation as they chase limited products.

What do you propose as a solution? Not a rehash of the problem but a solution?

Name:	MartiniMan -	Reply
Subject:	You got this all wrong as usual
Date:	2/3/2023 4:42:47 PM

Right, we had an already recovering economy with supply chain issues in which the Dems pumped trillions of new dollars that were not needed.  As for my solution you are asking for me to close the barn door after the cows left the famr and are standing on the interstate.  I gave my solution back when they forced through the spending despite all the warnings that it was unnecessary and would lead to inflation.  Read the book on the history of banking in the U.S. and a recurring theme over and over again was that every time they expanded the money supply it led to inflation and every time they tightened the money supply they overshot and it led to a recession or worse.  History....ignore it and you are doomed to repeat it.

Can't you have the intellectual honesty to admit in hindsight (which was foresight on my part) that the spending was a mistake?