Wednesday, August 29, 2012

It's The Economy Stupid: Why Obama loses: Part 235654923

We went shopping today and as usual, prices have gone up since we last went shopping.  Milk is up to $2.84 for a gallon of Wal-Mart milk. 
Gas is up to about $3.57 a gallon, with higher prices elsewhere in the Valley but not as bad as some places int he country.
Meat prices are going to go down slightly in the short term but rise significantly later because of the ethanol mandate and drought. 
All, in all, are we better off economically than we were 4 years ago?
Umm, hell no!!
Hope and Change, how's that working out for you?

2 comments:

  1. Since we can't reasonably blame either the drought nor the volitility of the oil market on the President, I'd say this is mostly about perception. While I grant you that perception can influence elections, it really shouldn't influence fact-based discussions.

    As for NOW as compared to 4 years ago? Yes, in many ways we're better off. We're coming out of a major financial crisis rather than plunging into it. Personally, my household is in a much, much better place, having saved and planned a lot better in the last 4 years than we were doing in the preceding years. We've bought two cars since 2010. We have more money in the bank than we ever have had on hand. The house is a bit upside-down, but the sky-high housing values were so grossly inflated, we should have expected a fall. I wonder if we'll remember next time things are good for a stretch?

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  2. Well, Jamie, you are one of the betters ones out there and you are fortunate to have made plans and maybe matured to understand finances better. And for that you should be congratulated.
    But I think you are in the minority and I think most people are not doing as good.

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