I have spoken on this several times in the past, and as a truck driver that delivers the bread, and milk that you buy, I can attest to the many factors driving the costs of these items. Much of this inflation is artificially imposed due to factors of outside influences from government, and alike.NEW YORK - Writer Jen Singer, the mother of two teenage boys, wrestles with her grocery list every week to keep the household budget from getting away from her."I'd like the government to stop by my house, come food shopping with me and see where the real costs are," she said.
The adage "An apple a day keeps the doctor away" is impossible thanks to apple prices, she said.
It's is not her imagination. While the government says prices are up 6.4 percent since 2011, chicken is up 18.4 percent, ground beef is up 16.8 percent and bacon has skyrocketed up 22.8 percent...
ConvergEx market strategist, Nick Colas, said that mothers could tell the government a lot about inflation.
"Food inflation is far greater than the government thinks it is," he said.
Food prices soar as incomes stand still - CBS News
1. The price of diesel fuel...."Diesel fuel, the kind of fuel commonly used in commercial trucks, has not always been more expensive than the standard gasoline used in passenger vehicles. On paper at least, diesel fuel is a less refined petroleum distillate than gasoline, so it should always be cheaper to produce than gasoline...
In recent years, the federal government has mandated changes to the acceptable sulfur level of diesel fuel, and refiners must comply with these mandates to create an ultra low sulfur diesel fuel product. This means significant investments in new technology and several distillations before the finished fuel is deemed acceptable by government inspectors. All of these additional regulations and high-tech equipment can cost billions of dollars, and these expenses are often passed onto consumers through higher prices.
There are also higher federal excise taxes placed on diesel fuel compared to standard gasoline. Some critics suggest the federal government is less eager to impose higher taxes on millions of private drivers than thousands of commercial drivers who use a less popular fuel. Part of the reason diesel fuel is more expensive than gas is the total amount of federal and state taxes added to each gallon."
Why is Diesel Fuel More Expensive Than Gasoline?
2. the cost of uncertainty due to Obamacare...."Last week the president, for the second time in about seven months, delayed the employer mandate, which requires medium- and large-sized businesses to offer insurance to employers.The original Jan. 1, 2014, start for the mandate, which requires businesses with 50 to 99 full-time employees to offer the insurance or face a tax penalty, was delayed in July for one year. On Monday, Obama delayed it until 2016."
Republicans: Obama violating Constitution, but little can be done about it | Fox News
In fact, Obama has changed the law something like 27 times without going to congress to do it...If anyone thinks that these trends are business friendly to spurring growth, or lower prices then I have a bridge to sell them....
The bottom line is that the progressive attack on capitalism is going to cost everyone, even those who can't afford it....So in the end, progressivism hurts the people it claims to help the most.