Everyone has noticed the prices at grocery stores and retailers have nearly skyrocketed to record proportions.
Most individuals and families have had to tighten their belts with the rise of prices. But are the prices we see at the stores really necessary?
Campells Chicken Noodle Soup 10oz. can ranges from $1.26 to $2.12 depending where you are at. Most adults can remember the price on average for this item being $0.50. So why the large increase? Have the chickens used by Campell improved that much? Has the cost of making the can gone up that much?
Companies say their always looking for ways to improve their costs, so that consumers don’t have to pay high prices. But it would seem the exact opposite is occurring.
Most families have had to play a pick and choose game between the rising cost of utilities and the rising cost of food.
But who is to truly blame for this alleged inflation of prices? And more importantly how can it be stopped?
Well these answers are not so easy to define. Many blame government control or lack of the economy. While others argue that wages need to be increased to prevent families from experiencing another dust bowl era.
Government allowance of increasing gas prices and short comings to new technologies has aided inflation in the United States, but it is not the soul cause.
Government spending playes a larger part of the inflation game. Including monies borrowed from Foreign Countries such as Mexico, also plays a part of the issue.
Increasing wages to match the increasing prices for living does just as much damage. With increased wages comes higher prices as the wage costs are then handed to the customer. Thereby creating a revolving door effect.
Many experts believe that regaining some of the lost interior industries would boost the economy and cut back on the dependency of imported goods, which come with high import taxes.
Recently many families have begun starting gardens, to lower their food cost. Even more have begun siding with Solar Power Technology to lower their utilities.
But as prices continue to rise the question is asked, “How long can this be maintained before people can not afford to pay these rising costs?“
Many individuals today seek multiple employment simply to try to stay ahead of the game.
Providing for one’s family should not cost an arm and a leg! And one should not have to be made to choose between food for their family or bills.
The answers needed to level out the Cost of Living vs. Living Expenses has long been sought.
As progression of society continues, it is guaranteed so will the battle between rising prices and living costs.