Relearning How to Eat
Theres a touch of suspense in our visits to the grocery store these days. We creep cautiously over to the milk aisle, bracing for the price. If its under $3 a gallon, a small victory has been won, but the trend seems to be heading in the other direction, and someday I suppose that $3 milk will be just a misty memory.
So, put this in the One More Thing to Worry About file: the rising cost
Those of you who buy milk each week probably dont need a bunch of fancy statistics to underline the fact that food is getting more expensive, but here goes:
Food prices went up by four percent last year on top of 2.4 percent the year before, according to the U.S. Department of Labor. And prices could rise as much as 10 percent this year.
So, lets be optimists and assume the worst: by 2009, food prices could be up as much as 16.4 percent of what you paid in 2005.
But some staples have gone even higher: in the past year alone, milk rose 13.3 percent, white bread went up 16.3 percent, and eggs were up 29.9 percent, according to the Bureau of Labor Statistics. A record 28 million Americans will be on food stamps this year.