Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board


View Single Post
Old 01-02-2022, 05:15 PM   #13
mostpost
Registered User
 
mostpost's Avatar
 
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,109
Quote:
Originally Posted by JustRalph View Post
https://www.washingtonexaminer.com/o...oments-of-2021

My fav:


5. "How much does a gallon of milk cost?"

Few things demonstrate the cultural gap between the average consumer and the corporate media class so clearly as the cost of groceries.

Inflation hit a 39-year high in November, affecting the price of everything from food to utilities.

Boo-friggin-hoo, said the "professionals" who are paid handsomely to explain the news to the masses.

“Inflation and shortages of some goods are real issues,” New York Times columnist Paul Krugman argued. "But much of the economic discontent seems to be based on news reports and partisan leanings."

"Why the inflation we’re seeing now is a good thing," read the headline to an MSNBC opinion article.

When CNN aired a report documenting the financial woes of a Texas family that says the rising cost of inflation has taken a severe toll on its pocketbook, members of national media scoffed, especially when the matriarch of the family of 11 said, “A gallon of milk was $1.99. Now, it's $2.79. When you buy 12 gallons a week times four weeks, that's a lot of money.”

“Are these folks bathing in milk?” asked Reuters senior correspondent Chris Taylor.

Said Huffington Post editor Hillary Hanson, “Beyond the obvious hilarity of 12 gallons a week it's so crazy to me that ‘cost of a gallon of milk’ is still such a reference point because I barely know anyone who buys ANY gallons of milk??”

Even the official New York Times Wordplay Twitter account got in on the action, tweeting, "I can't do today's crossword. I'm too busy carrying my 12 gallons of milk home."

Twelve gallons of milk per week for a family of 11 translates to roughly two-and-a-half glasses of milk per day, per person. It’s not that complicated. Then again, no one ever said journalists were good with numbers.“
https://www.ams.usda.gov/sites/defau...MilkPrices.pdf
The above is a link comparing milk prices from jan. To Dec. 2021 in select cities.

None of those cities had an 80 cent a gallon increase in price. In ten of them there was no change in price and in at least 3 the price went down over the course of the year. Nationwide the price of a gallon of milk went up by 16 cents.

Even with a family of 11 and with a 80 cent a gallon increase in price, the extra cost is about $10 a week. But how many families have 11 people in them? And how many people drink two and a half glasses of milk a day?
__________________
"When you come at the King, You'd best not miss." Omar Little
mostpost is offline   Reply With Quote Reply
 
» Advertisement
» Current Polls
Wh deserves to be the favorite? (last 4 figures)
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 12:35 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.