Some time ago, I had a bit of a sticker shock at Costco. I had calculated out the cost of a dozen eggs to be around $1.30; suddenly, I looked at the price and said, “Waitasecond, WHAT?”
The same five dozen eggs I used to buy for $6.49 had shot up to $9.49. What the hey?!
Well, time passed and I got used to paying $1.90 per dozen for my eggs. Then a lady started bringing her farm-fresh eggs to the farmer’s market, and I got used to paying $1.50 per dozen.
Then her hens needed a month off to molt, and I ran out of eggs, and I thought, “Supermarket here I come!”
And then I had a heart attack and died because eggs were $3.50 a dozen, the end.
Just kidding. I didn’t actually die. But I was absolutely floored.
THREE DOLLARS AND FIFTY CENTS. For a dozen eggs.
Guess what? The government announced Friday that the cost of food had gone up yet again. (Source article here: Costs Surge for Stocking the Pantry , with thanks to Boston Gal’s Open Wallet for pointing it out)
With a few exceptions, nearly every grocery category measured by the Labor Department, which compiles the official inflation numbers, has increased in the last year. Milk is up 17 percent, as are dried beans, peas and lentils. Cheese is up 15 percent, rice and pasta 13 percent, and bread 12 percent.
No food product has gone up as much as eggs, jumping 25 percent since February 2007 and 62 percent in the last two years.
AH-HA! So, I’m not crazy! (hush!) I had started to wonder if maybe I had simply been wrong about how much a dozen eggs cost ‘back in the day’.
But I wasn’t.
They really have gone up that much.
I was kind of hoping it was a pre-Easter scam, you know? And that after Easter, they’d be all, “Just kidding!” and bring the prices back down?
Hold onto your wallets, kids, 2008 is going to be a bumpy ride…
Thomas A. Edison
22 hours ago