You have begun a new year…a year of elections, pandemic and far Right silliness and hatred….so I feel bad about being the messenger of more bad news for us mere mortals…..
Our holiday season of last year was the most expensive in recent history….sorry to say 2022 is not looking like any improvement…..
Red-hot inflation has been showing up in tangible form in everyone’s grocery bills throughout 2021. Is there relief on the horizon in the new year? Not so much. The Wall Street Journal surveyed several major food manufacturers and finds that prices for just about everything will keep rising. Kraft Heinz, for example, projects an average price increase of 5% for its products, though some will go as high as 20%. Fans of the company’s Grey Poupon mustard should brace for a hike of up to 13%. Another big name, Mondelez International, plans to raise the price of its cookies, candy, and other goodies by up to 7% starting in January. General Mills also will be raising prices next month. Produce, dairy, bread, juice, mac-and-cheese, frozen meals, mayo—you name it, it’s probably going up.
“There’s nothing immune,” says Tony Sarsam of of food retailer and distributor SpartanNash Co. The story cites by-now familiar problems, including supply-chain issues and higher labor and packaging costs. Not surprisingly, this will not only affect those who cook at home but those who eat out, notes Mashed. The costs of some items have risen higher than others over the past year, including beef (24%), bacon (20%), and eggs (12%), and no short-term relief looks to be in sight. Virtually all restaurants surveyed report major supply-chain problems with key ingredients, and menu prices are on track to keep rising. The Cheesecake Factory, for example, just raised prices 3% and may add another 2% in 2022.
Not to worry as wages stagnate the billionaires will still go to space and rake in fed money as they wait their turn in the rocket.
My prediction for 2022….nothing will change…the GOP will continue to do what they do best…..obstruct, the Dems will rant and rave and in the end do nothing, the MSM will continue to push a pro-war agenda of the MI-C….Americans will suffer from high prices and low wages…in other words the same crap we have suffered with for many decades.
Sorry to pee on the new year’s parade but forewarned is forearmed…..
Be well and be safe….
I Read, I Write, You Know
“lego ergo scribo”
8 thoughts on “2022–First News”
Reblogged this on OPENED HERE >> https:/BOOKS.ESLARN-NET.DE.
I agree as always, Chuq! 😉 Have a happy and prosperious New Year! xx Michael
THanx Michael and may you and yours have a great year. chuq
Thank you very much, Chuq! All the best to you as well! xx Michael
Food prices have been stable since September at the moment, and petrol and diesel hasn’t increased since early December. The fuel oil for our heating system went up 10% though, from £300 to £330. The biggest price rise news here is a huge jump in railway fares from March. The commuters using trains in and out of cities to work will be hit very hard.
Best wishes, Pete.
Prices here seem to go up 2-5% every time I go to the store….gas is up and down…..chuq
Yes, 2022 will be a shit show .. but then when is the last time we did not have one? This is not a “New Normal”, this is just an extension of the “Normal Normal.”
Great point John…I hope you had a good holiday season and all is well with you chuq