NEWS AND OPINION:
Yes, there are some shocked faces down at the grocery store these days as shoppers experience sticker shock over the cost of familiar items that serve as a kind of everyday reassurance that things are OK. Like breakfast, for example. When did our much adored bacon start costing over $7 a pound?
Needless to say, price increases during President Biden’s tenure in the White House are stunning. In case you wonder, here’s the percentages of increase on items for a classic American breakfast, according to the Consumer Price Index, released by the Bureau of Labor Statistics some 72 hours ago.