REAL State Of The Union: Under Obama, Price of Gas Has Jumped 83 Percent, Ground Beef 24 Percent, Bacon 22 Percent

Thought this article was particularly relevant and appropriate following Obama’s State of the Illusion speech:

Under Obama, Price of Gas Has Jumped 83 Percent, Ground Beef 24 Percent, Bacon 22 Percent
By Christopher Goins
January 20, 2012

(CNSNews.com) – So far, during the presidency of Barack Obama, the price of a gallon of gasoline has jumped 83 percent, according to data from the Bureau of Labor Statistics.

gas(AP Photo)

During the same period, the price of ground beef has gone up 24 percent and price of bacon has gone up 22 percent.

When Obama entered the White House in January 2009, the city average price for one gallon of regular unleaded gasoline was $1.79, according to the BLS. (The figures are in nominal dollars: not adjusted for inflation.) Five months later in June, unleaded gasoline was $2.26 per gallon, an increase of 26 percent. By December 2011, the price of regular unleaded gas per gallon was $3.28, an 83 percent increase from January 2009.

The price of unleaded gasoline never reached the 10-year high of $4.09 back in July 2008 under George W. Bush’s administration, but it did get close.

By May 2011, gas prices hit a high under the Obama administration at $3.93, about four percentage points away from the July 2008 high.

ground beefGround beef. (AP Photo)

The U.S. city average retail price for one pound of 100 percent ground beef was $2.36 in January 2009. As of December 2011, that price had risen to $2.92—a 23.7 percent increase and a new peak. (Ground beef prices have risen every month since November 2009 – 26 months of price increases.)

Whole wheat bread prices from January 2009 to December 2011 increased about five percent (5.02 percent) from $1.97 to $2.07. (The inflation rate in December 2011 was 3.0 percent.)

Among the first 36 months of Obama’s presidency, the last four (September, October, November, December) showed the average price of one pound of whole wheat bread hovering slightly above two dollars.

Other refrigerated items like ice cream and bacon have increased by substantial amounts.

Ice cream prices, for a half-gallon, were $4.44 in January 2009 and $5.25 in December 2011, an increase of 19.1 percent.

One pound of sliced bacon in January 2009 was $3.73 and in December 2011 had climbed $4.55, an increase of 22 percent. The price hit a high in September 2011 at $4.82 per pound.

baconBacon. (AP Photo)

Whole milk prices averaged above three dollars 33 out of the 36 months since Obama took office. In January 2009, the price for one gallon of whole milk was $3.58; but by December 2011, milk prices had slightly declined less than one percent (0.28 percent) to $3.57 per gallon.

The average retail price of Grade A eggs per dozen from January 2009 to December 2011 increased by less than two percent (1.30 percent) from $1.85 to $1.87.

 
 

CNSNews.com is not funded by the government like NPR. CNSNews.com is not funded by the government like PBS.

CNSNews.com relies on individuals like you to help us report the news the liberal media distort and ignore. Please make a tax-deductible gift to CNSNews.com today. Your continued support will ensure that CNSNews.com is here reporting THE TRUTH, for a long time to come. It’s fast, easy and secure.

We recently celebrated Thanksgiving, and because of Obama we all felt like turkeys paying for our groceries due to the shocking inflation of food (that, along with fuel somehow isn’t factored in when “inflation” is calculated).

The above article doesn’t go anywhere NEAR far enough in condemning Obama for the rise of gasoline prices.  Yes, the price of gas spiked temporarily under Bush in 2008 (and Democrats viciously demonized him for that increase); BUT THE PRICE OF GASOLINE THROUGHOUT THE ENTIRE YEAR WAS THE HIGHEST IN AMERICAN HISTORY IN 2011 UNDER OBAMA.  And 2012 is going to be even worse.

Here’s the REAL Obama economic record:

Barack Obama is destroying the middle class before our very eyes even as he incessantly claims to be the one standing up for the very middle class that he is destroying.

Under Obama, poverty has soared to its highest rate EVER in the entire 52 years that the Census Bureau has tracked it.

Under Obama, the misery index is at its highest rate EVER.

85% of the small business America depends on to create jobs and build the economy are terrified of Obama and his idiotic policies.

THAT’S the REAL “state of the union.”

Advertisements

Tags: , , , , , , , , ,

4 Responses to “REAL State Of The Union: Under Obama, Price of Gas Has Jumped 83 Percent, Ground Beef 24 Percent, Bacon 22 Percent”

  1. Eric Says:

    I am a disabled vet, I live off $600 per month with no eligibility for food stamps because I am trying to better my situation by going back to college and getting my degree.In order to make myself one of those people not freeloading off the system. I think the last time I bought ground beef in a decent quantity ( enough to last me all week) was 2 years ago after I came home from Iraq while on unemployment because my job shut its doors 4 weeks before I got home. A friend of mine works on a pig farm. and, once a year when the farm owner sells off his livestock, he slaughters a quite a few pigs and hands out hams, pork chops, ham steaks, bacon and so on to his work hands. my friend manages to give me what he wont eat. because he knows I dont buy meat due to the prices of groceries. When I do get meat in decent quantities, I try to pressure can it in Ball jars for later use, and use it sparingly.
    Here, even at Wal-Mart, the prices of meat are extremely high.

  2. Eric Says:

    Even things like vegetables. The same hog farm owner raises a 3 acre garden and pays a gardener to tend it making sure the cabages are atleast 18 inches in diameter, the tomates are huge, the corn is wseet and large.. and so on. He does this for anyone in the community to come out and pick making sure the community gets fed also… If it werent for this pig farm owner, I wouldnt have alot of of stuff I do now. So, once a year, I try to harvest honey from my 3 hives of honey bees and peaches from my peach trees and give the owner of the pig farm, honey and peaches in trade for the pork and vegetables he gives me.

  3. Eric Says:

    I mind you, that this hog farm owner is by far no poor man. hes more like a millionaire. Which blows the theory of the liberals out of the water that all rich men are greedy misers, and all rich men are going to hell Hes probably one of the nicest and most caring people I have met. And, all I know about him is his name (we nick named him Doc) because he is a vet . And how he made his money. He also runs a small animal shelter for the county. Each year when he sells off his livestock, not only does he give meat out to his farm hands, but invites everyone from his church and community out to his farm where he puts on a huge pig roast for the community to make sure they are at least getting something good to eat at least once a year.

  4. Michael Eden Says:

    I’ve got a few quite rich people in my own family. And without exception they are incredibly generous with their wealth.

    I’ve also been fortunate to know a few very wealthy people as friends. They are able to do and afford things that I have never been able to do or afford. But I have seen these peoples’ generosity with my own eyes and would simply point out that it is IMMORAL to begrudge such people their wealth.

    Mind you, that doesn’t stop the left.

    Marco Rubio nailed Obama and the Democrat Party:

    “He tells Americans worried about their jobs that the way to help them is to raise their bosses’ taxes, Rubio said. “He tells those who are hurting that the only way they can be better off, is for others to be worse off. He tells all of us that the only way for some of us to climb up the economic ladder is for others to be pulled down.”

    “This divisive rhetoric, this effort to gain political support by convincing some that they will be better off if we punish others, this stuff has never worked anywhere it’s been tried,” Rubio added.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: