https://www.washingtonexaminer.com/opinion/democrats-bidenflation-disaster
You’ve seen the news — the government says inflation rose 8.5% in March compared to last year. That is up from the annual inflation rate last month, which was 7.9%. Both are the worst since 1981.
There are a lot of stories behind the big number. Inflation is up in every area of the economy. But the worst news concerns some very fundamental human activities: eating, finding warmth and shelter, and moving around. Look deep into the website at the Bureau of Labor Statistics, and you’ll see how bad inflation is in those basic areas.
Start with the price of food. You’ve been to the grocery store. You know it is bad. Now, BLS says the price of meat, poultry, fish, and eggs rose 13.7% annually. The price of cereal and bakery products rose 9.4%. Fruits and vegetables, 8.5%. Nonalcoholic beverages, 8%. Dairy, 7%. And other foods that don’t fit into those categories, 10.3%. All of that adds up to the category of “Food at Home,” which BLS says went up 10% in March over last year.
Want to go out to eat? BLS says prices of full-service meals went up 8% in March, while limited-service meals went up 7.2%. There is simply no way to eat, at home or out, without paying more.
Move on to the subject of staying warm. It is hard to believe, but BLS reports the price of fuel oil is up 70.1% in March over last year. 70.1%! Then there is the price of what BLS refers to as “shelter,” which increased 5%. (What does the BLS mean by “shelter”? Here is its definition: “The cost of shelter for renter-occupied housing is rent. For an owner-occupied unit, the cost of shelter is the implicit rent that owner-occupant would have to pay if they were renting their homes.”)