Wednesday, April 16, 2008

Rising Food Costs

Can you believe this? The Today Show was talking about economic woes this morning and did some comparisons of rising costs of a few items, over just the past few months. It's not just gas costs we should be worried about...it's also those simple grocery items we all need.

Tomatoes are up 19%
Milk is up 26%
Eggs are up 41%

They pointed out that this is outrageous if you ask yourself, "Well, has your salary increased over the past few months?" Over the past year we are seeing a 25% of retail store closures and more and more stores are taking out bankrupt insurance, such as The Sharper Image.

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