Whether greed or politics, it is expensive

/ Communication, News and Happenings, Personal experience / By

Bank withdrawalI’m not saying a thing about POLITICS. I’m just talking about some local observations and ending with a quote from the CEO of Kroger. Some say it is greed. Others claim politics. I don’t care so long as someone can make it stop.

Recently, I was criticised for posting price changes that were higher than the “averages”….. Some I included, from local findings and things that affected me personally, included:

  •  $1 Sausage Muffin is now $1.89. $1 drinks are now $1.39.
  • Local car wash increased price from $7.50 to $10 for cars — and more for SUV’s and trucks.
  • My favorite meal at Casa has increased from @$12 to @$20.
  • Local specialty steak in restaurant is up $4.
  • $5-7 combo meals are now $11-12
  • My homeowner’s insurance is up $100’s and the insurance on my aging car just (yesterday) increased another $30…. up $64 in last two years. I thought insuring aging cars always DEcreased.
  • Private Selection bread at local Kroger has DOUBLED. Items where price has remained close are now in SMALLER packages….so same thing.
  • Oil change on my car has gone up +$30
  • And streaming services; Netflix, Prime, Paramount, PBS…. yeah, you know.
  • Amazon Prime — wow…..what is it now?
  • Treats like DQ shakes & Blizzards, Wendy’s Frosty…. up $2-3

    In the time that most things I spend money on have increased +40%, my Social Security has gone up about 3%.

    Feel free to add your examples.

    Below is a quote from the Kroger CEO. We’ve always been in the “budget conscious” group, but he mentions “other customer segments”. Are you in any of those?

“The reduction of excess savings built up during the pandemic, higher interest rates and the effect of inflation are pressuring customers’ ability to spend,” Kroger CEO Rodney McMullen stated on the company’s quarterly earnings call. “This is especially true for our most budget conscious customers, as we’ve been seeing for a while now, but we’re now seeing other customer segments beginning to make changes as well. Customers are purchasing lower-price cuts of meat, buying less, and focusing on essentials.”

https://www.dailywire.com/news/u-s-3rd-largest-grocery-chain-food-inflation-even-hitting-people-who-arent-budget-conscious?fbclid=IwY2xjawFSjd9leHRuA2FlbQIxMAABHfuXfgWlLbUgwKBQ6z09UJ7TBuHfbvVxutv9JP8qw8f-rRzPjgHbq-PEnQ_aem_sG_3-2QUvVhQqG4yZbp5dA