Today, Marketwatch returned a powerful stat on inflation:
"Over the past year, consumer prices were up 5.6%, the biggest on-year increase since January 1991. The CPI has surged at a 10.6% annualized rate in the past three months, the second-worst spike in inflation in the past 26 years."
Will the Federal Reserve raise interest rates to put inflation in a headlock? There seems to be a standout hope in the Fed's carpeted halls that the economy will continue to slump which might take care of things (read moderate the situation) without the need for manual intervention. Seems odd that a fumbling economy could be a well anticipated event. Thank god for my yoga studio's 10 class for $10 special--I need the time on the mat to keep my mind calm and body flexible for the life in the 21st century . Did I mention, I love the silly tagline for A Ha yoga, "it's good to feel good." Well, no s*&^%, that's why I'm here.
I'm an average middle class American woman, single, without children, living in one of America's most expensive cities. I'm having a hard time finding affordable, high quality, hormone and antibiotic-free nutrition. Burritos daily are one solution but it's not a long term fix--black beans, pinto beans, mild or spicy, guac or no guac...you get the picture. Keeping food prices down and buying locally seem like logical answers. IF prices fall on cheezdoodles (sp?) and on lemon cream filled tasty-creme pies from Seven Eleven, have we really made headway? After my $73 trip to Whole Foods today to get some organic apples and cherries and other foodstuffs, I'm just focused on how much feeding oneself well costs...
With all this uncertainty, it's a grand distraction to have all Michael Phelps' to authenticate true nationalist pride in the US of A. What is this fish-man going to do with all his Gold Medals anyway? He could get creative and use them as tapas plates at a dinner party--that would be decadent. I don't mean to be cute about his accomplishments, the man just simply amazes me. I
Every day, I just love what we do at Laborfair. When I read that the purchasing power of the typical worker has now fallen back to 1998 levels, despite a 29% increase in productivity over that period, I just get all happy in side that through our collective efforts, we're helping great people be hired and paid a living wage to make lives easier through their efforts.
We're keeping it real between folks and helping them employ each other to get stuff done.
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