How much was ground beef in January 2021?
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Anonymous
| Salaries are up too since 2021. |
Anonymous
|
Eggs are at a 67% increase. The tricky thing is you tell someone 'I paid $1.79 for eggs' they'll say 'it's still under $2'. It used to be just over $1.
https://www.tiktok.com/@heywhatsupdawg/video/7233927059569954094 |
Anonymous
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That does not seem to match the information from CPI, which does break down by various goods.
Some things are affected by particular issues, though. Eggs went through the roof due to a combo of a bad bird flu year and new regulations requiring outdoor time. Coffee has had problems due to weather and political instability. I think skme produce has also been really affected by weather in the last couple of years plus a lack of migrant workers to pick things like berries. Beef really should cost more. It’s terrible for the environment and historically those costs have been pushed onto government to pay the costs of climate change instead of being carried by the industry and consumer. (Like how we all paid the costs of health disease caused by tobacco.). I love love love beef but also recognize it is way too cheap considering it’s true cost. I personally think food prices are really going to go up in the upconing decades as the weather continues to be more erratic and other countries aren’t going to just keep shipping their food to us. Americans need to adjust their budgets to account for this. |
Anonymous
| Wages have gone up too. |
Anonymous
u And corporate profits are at record highs. |
Anonymous
|
Here’s the CPi charts — there’s almost no increase in the core food (meat, dairy, produce) over the past year.
https://www.bls.gov/news.release/cpi.t01.htm The previous year it was up 10%, though. https://www.bls.gov/news.release/archives/cpi_12132022.pdf And 6% the year before that, although a lot of that was driven by the egg issue (if you pull out meat and eggs it was under 4%): https://www.bls.gov/news.release/archives/cpi_12102021.pdf https://www.bls.gov/opub/ted/2021/consumer-prices-up-6-8-percent-for-year-ended-november-2021.htm |
Anonymous
They are 1.29 at Trader Joe’s |
Anonymous
| Ground beef for $5/pound actually sounds cheap. They ground beef I buy is around $8/lb and fresh packs of chicken breast that have 2-3 breasts in them are around $10 |
Anonymous
|
My salary did not increase 27% in that time.
That's why I rob stores blind at the self checkout. |
Anonymous
You do this? Really? Enjoy paying a defense lawyer. You'll learn about inflation then for real. |
Anonymous
100% I do. If I get 'caught', I'll play dumb. I'm not a professional cashier after all. And no way in Hell are FCPD coming to Safeway to arrest a 44 year old white teacher for 'accidentally' not scanning a brick of gouda. |
Anonymous
Aldi has organic grass-fed ground beef and it was $4.99 for a one-pound package for years...2014 is when I started comparison shopping so since then until 2021. It's 6.99 now. |
Anonymous
Eggs went up because the companies were price fixing-- think one of the CEOs was going to run for office as a Republican until his company pleaded guilty. |
Anonymous
Federal min wage is $7.25. They sell bags of potato chips at my local Giant for more than that ($8.99 for party size Lays). |