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US Cost of Living Hits Record, Passing Pre-Crisis High

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US Cost of Living Hits Record, Passing Pre-Crisis High

Post by Guest on Sun Mar 20, 2011 10:52 am

Bottom line: The cost of living for Americans is now above where it was when housing prices were in a bubble, stock prices at a record, unemployment low and consumer confidence was soaring. Something has gotta give.

http://www.cnbc.com/id/42130406

Guest
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Re: US Cost of Living Hits Record, Passing Pre-Crisis High

Post by Guest on Sun Mar 20, 2011 11:36 am

Sometimes I wonder what it will take to make people really wake up and see what is going on. You would think high unemployment, a near melt down of the banks, financial system, housing market etc would have given us a wake up call, but it hasn't, do we have to completely melt down before everyone wakes up. Right now the unemployed are the only people who really see just what is what, we clearly understand how rising gas and food prices are having an effect on all. If they stop helping with mortgage foreclosures and we melt down there again, will they get the hint? Do we really have to crash and burn for everybody to see this? Meanwhile, the banks are getting too big to fail once again, regardless of steps taken and fought against to prevent it from happening.

Something has definitely gotta give, let's just hope it's not at our expense again.

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Re: US Cost of Living Hits Record, Passing Pre-Crisis High

Post by Guest on Sun Mar 20, 2011 1:13 pm

It is nearly impossible to afford just the basics here in the USA anymore.

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Re: US Cost of Living Hits Record, Passing Pre-Crisis High

Post by Emily Rose on Sun Mar 20, 2011 2:11 pm

The cost of living is outrageous. It was hard to afford essentials in life before unemployment, now its impossible. I dont know how people do it.

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Re: US Cost of Living Hits Record, Passing Pre-Crisis High

Post by 503Depressed on Sun Mar 20, 2011 3:48 pm

Cost of living in Oregon is going up very quickly. I am hearing of more unemployed ex-professionals who are in danger of losing their homes. We really need to band together with those that still have some money, to create an intentional community where we can support each other. As Sunrise stated in another thread, we have become as a society, selfish, apathetic, isolated via technology and very unwilling to help others who are in this situation. As a nation, we do not take care of each other anywhere close to what Japan does. Even those who are not related, will take care of each other without expecting any gain (in Japan). The USA is no longer a unified nation, but rather one that is consumed by the desire of money, at the cost of everyone else.

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Re: US Cost of Living Hits Record, Passing Pre-Crisis High

Post by lendmeflight2 on Sun Mar 20, 2011 4:59 pm

I am not trying to disagree with anyone, just asking a question.

Do you not think that the cost of living will have to come down eventually if things do not improve for the working class? We are becoming a nation of have all's and have nothing's. The have all's can't keep all business afloat and if the working class can't spend money then businesses will be forced to lower prices again.

I also have not noticed a huge jump in food prices. I noticed that rice has gone way up but can anyone suggest where I should look in my supermarket? I know all of these claims must be right but I just have not really noticed. It could be because I eat whatever is on sale.

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Re: US Cost of Living Hits Record, Passing Pre-Crisis High

Post by Guest on Sun Mar 20, 2011 6:37 pm

I have noticed in my area that things like cereal, meat, paper products and toiletries and a few other things have increased. (and of course gas)

You make a good point lendme, I hope that the cost of living will come down if things don't improve. The "have alls" will only be able to carry the burden for so long and cannot carry all these businesses on their own.


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Re: US Cost of Living Hits Record, Passing Pre-Crisis High

Post by Guest on Sun Mar 20, 2011 7:42 pm

Food prices in the last month here in NJ has skyrocketed. I am trying to be budget minded when shopping, so I duplicate from week to week when I shop, it's steadily gone up 15,25 to 40 this week. Very scary.

Not sure lendme, I would hope so, but with the price of gas, I don't know how much it would come down. I am anxiously awaiting the veggie/fruit stands opening, because at least the locally grown here in jersey won't have to have the fuel surcharge.

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Re: US Cost of Living Hits Record, Passing Pre-Crisis High

Post by tristen303 on Sun Mar 20, 2011 8:19 pm

ait until the Dollar collapses

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Re: US Cost of Living Hits Record, Passing Pre-Crisis High

Post by Guest on Sun Mar 20, 2011 9:04 pm

People will wake up, it is unavoidable just a matter of time.

The middle class is getting squeezed so bad that there is a cause and effect.

When the effect happens that is when some people will say "Oh Sh*t"!

This country is so corrupt it is not funny.

Every thing is going up, nothing is off limits.

People, we are quickly turning into a 3d world country!

At this point if the dollar crashes, so be it, it is inevitable, look at all the signs around you.

People are just generally pissed off now a days.

It's called "HYPERINFLATION"



503Depressed wrote:Cost of living in Oregon is going up very quickly. I am hearing of more unemployed ex-professionals who are in danger of losing their homes. We really need to band together with those that still have some money, to create an intentional community where we can support each other. As Sunrise stated in another thread, we have become as a society, selfish, apathetic, isolated via technology and very unwilling to help others who are in this situation. As a nation, we do not take care of each other anywhere close to what Japan does. Even those who are not related, will take care of each other without expecting any gain (in Japan). The USA is no longer a unified nation, but rather one that is consumed by the desire of money, at the cost of everyone else.


Last edited by YB500 on Sun Mar 20, 2011 9:19 pm; edited 2 times in total

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Re: US Cost of Living Hits Record, Passing Pre-Crisis High

Post by Guest on Sun Mar 20, 2011 9:09 pm

Money and things. I guess this situation makes me more aware, but I am so tired of the "must haves" or you just aren't anybody. It's ridiculous.

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Re: US Cost of Living Hits Record, Passing Pre-Crisis High

Post by Guest on Sun Mar 20, 2011 9:12 pm

I was like that, must have's.

Even before I was laid off I was paring down my stuff, then when I was laid off and moved I sold everything, furniture, stuff and more stuff.

As I get older I don't need alot of "Stuff" or "Sh*t"

MaryKay wrote:Money and things. I guess this situation makes me more aware, but I am so tired of the "must haves" or you just aren't anybody. It's ridiculous.

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Re: US Cost of Living Hits Record, Passing Pre-Crisis High

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