How are retirees on fixed incomes coping with the surge in food and energy prices? (opinions, New Orleans)
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I remember a thread here quite a while ago, where Ireland announced that Subway bread could not be called bread there as it didn’t meet their criteria for bread!.
It was actually simply a tax issue. Bread is considered a staple in Ireland and is not subject to the Value Added Tax (VAT). However, Ireland ruled that Subway's bread contained too much sugar to be called "bread," and as such, should be taxed as a confectionery product.
It was actually simply a tax issue. Bread is considered a staple in Ireland and is not subject to the Value Added Tax (VAT). However, Ireland ruled that Subway's bread contained too much sugar to be called "bread," and as such, should be taxed as a confectionery product.
Ahhh. Still doesn’t sound good for Subway though! I find it annoying, because I had always felt that Subway was easier to get a healthy lunch at than other fast food type places. Why do they need so much sugar in the bread that it becomes dessert?
Not everyone is aware of how our economy really works and how the money "trickles down" to Main Street Joe.
Some only see greedy corporations and greedy investors.
Mostly because that is what they read in MSM articles.
Because greedy corporations are a huge part of the problem. I read several months ago how the price of beef has skyrocketed while the money get for a head of cattle is the same as it was in 2019. I guess someone started looking into it because JBS has to pay a 52.5 million fine for price fixing & Tyson Foods, Cargill and National Beef have also been charged but they haven't settled yet
56% of retailers told Digital.com that “inflation has given them the ability to raise prices beyond what’s required to offset higher costs.” And these price hikes are concentrated among big retailers, with 63% of large firms using inflation to more than offset costs vs 52% of small and medium size businesses. And of “those who have increased prices, 28% of large enterprises increased prices 50% or more, compared to 6% of small and medium size enterprises.” https://mattstoller.substack.com/p/c...0-of-inflation
Found a couple 1-pound pkgs of 93% ground beef on sale this morning for 99 cents each -- regular price $7. It's been a long time since Fred Meyer has packaged more than they could sell. I guess they didn't want to run out on the 4th of July. It expired today, so I hope it's still good, and I'm going back early tomorrow morning to see if I can find a couple more pounds to make a huge batch of chili this fall.
Found a couple 1-pound pkgs of 93% ground beef on sale this morning for 99 cents each -- regular price $7. It expired today, so I hope it's still good....
Freeze it immediately and hope your power doesn't go out.
There is a meat processing shop about 25 miles from here that sells "mini-bundles" every week. Last week's mini bundle was 2-14 to 16 oz. USDA select T-bone steaks, 2 lb- 81% lean ground beef, 2 lb mixed cut pork chops, 6-5 oz boneless pork rib patties, and 2 lb boneless skinless chicken breasts for $43. Their meat is always good. It's worth the drive over.
Also, with the talk about people staying home more now. My wife had been wanting to go see her daughter in Pa for a while (we're in western Ky., about a 650 mile drive), so we had it planned for a couple weeks ago. Her daughter asked if we were still coming with the gas prices going up. Wife said if we don't go now we might not ever get to go. So don't let that stop you from doing what you want. I paid $5.17/gallon in Pa. and filled up back home for $4.24.
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