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Life as I Know It: So many choices in the cereal aisle says a lot about us

Rob Ford Life as I Know It: So many choices in the cereal aisle says a lot about us BY ROB FORD Life as I know it Jul 18, 2021 Rob Ford In our kitchen cupboard we have boxes of Cheerios, Raisin Bran and Chex cereals. With a little variance, those are the cold cereals that I’ve grown to start every morning with. Cheerios? Yes, just plain Cheerios. Not Honey Nut Cheerios, Oat Crunch Cheerios, Happy Heart Shaped Cinnamon Cheerios, Apple Cinnamon Cheerios, Very Berry Cheerios, Frosted Cheerios or Limited Edition Frosted BerryTeam Cheerios. Raisin Bran? Yes, plain Raisin Bran. Not Raisin Bran Crunch, Toasted Oats and Honey Raisin Bran, Raisin Bran with Cranberries or Raisin Bran with Bananas.

Grocery Stores Are Masking Price Hikes Via Shrinkflation – Investment Watch

The continued decline in Treasury yields has prompted many short-sighted arm-chair analysts to declare that the Fed was right about inflationary pressures being “transitory”. Of course, as Treasury Secretary Janet Yellen herself admitted, a little inflation is necessary for the economy to function long term – because without “controlled inflation,” how else will policymakers inflate away the enormous debts of the US and other governments. As policymakers prepare to explain to the investing public why inflation is a “good thing”, a report published this week by left-leaning NPR highlighted a phenomenon that is manifesting in grocery stores and other retailers across the US: economists including Pippa Malmgren call it “shrinkflation”. It happens when companies reduce the size or quantity of their products while charging the same price, or even more money.

Millions Of Low Paying Jobs Are Available, But Most Americans Can t Afford To Take Them – Investment Watch

There are more job openings in the United States than ever before, but the vast majority of the available “jobs” pay so little that most Americans don’t want them.  If working extremely long hours for some employer is not even going to lift you out of poverty, then you are probably better off taking whatever government assistance that you can get until a decent paying job eventually comes along.  For example, if you get a job that pays 10 dollars an hour and you work full-time hours every week, you will earn somewhere around $1,600 a month before taxes.  Needless to say, you can’t survive in most U.S. cities on $1,600 a month these days.  It would have been tough to make it on $1,600 a month before the pandemic, but now we are in a highly inflationary environment.  Housing costs are absolutely skyrocketing, health insurance premiums are at extremely ridiculous levels and food prices have been rising aggressively.  The higher the cost of living gets, the less attractive

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