Back to Ramen? Grocery Prices Are About to Surge Again
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Back to ramen noodles, America. I’m sorry, I kept thinking about this, reading this story. It was back in you know, college and first getting your first job out of college and your scrapping by and the old package of ramen noodles that young people would eat to save money on food. I see I I worked at Italian restaurants while also working on Wall Street. So I I ate well in those family meals, but neither here nor there. Yeah. we’re gonna be paying more at the grocery store. prices are not coming down. I Dan I take no pleasure in relaying this information. combination of factors out there. you wanna throw weather in it.
Dwindling cattle herd tariffs. again, Iran, continued pressures on food prices in the latter parts of this year and into next year. Some of the numbers. Okay. The US Department of Agriculture food price outlook. Again, this is government.
And this is the same government that’s, you know, people running the show are telling you there is no affordability crisis. It’s all good. food inflation on the magnitude of anywhere between four and four and a half percent. it’s pinching. It’s pinching. I I I talked about this because if you looked at
some of the internals with some numb you know some of the companies like Walmart for example where they notice things like geez people are only filling up half the tank rather than filling it up the entire way obviously gas prices are higher but again it it’s starting to pinch and it’s gonna start to it’s are gonna start a hit pretty much across the board. I I don’t know. I don’t know what
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will happen. We got a lot of pol lot of politicking gonna go on here in this year. You have midterm elections and, you know, a surefire way of trying to win is to give away stuff.
will there be a call by Republicans to enhance the Snap program, something something of that nature to try to bring people over to vote for you? I I I definitely think that that is probably in the cards. I could definitely see that happening. I think you’re gonna see more gimmicks and giveaways. The the more difficult that the situation
like I said, the more gimmicks and giveaways, even during the financial crisis, you know, George W. Bush out the door, sending out stimulus checks, all sorts of other not Obama comes in one handout after another. And it just again, this is what they do rather than solve the actual problem. you know, they you know, put a band-aid on a flesh, major flesh wound. Okay, not a scratch.
But something that really needs to be taken care of. So grocery prices going up. I don’t see gasoline prices really coming down for some time. Takes a while, even if everything is solved when it comes to Iran. So again, this is some of the things that Americans are going to be looking at into the midterms and also into next year. Watchdog and Mall Street.com.
