Wow! The price of turkey was extremely stable right up until about four years ago. I wonder what happened four years ago.
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Barry deserves some of the blame. So does congress.
If we were to do a root cause analysis, I think the root cause would find it’s way to the sodomizing of our currency by those in charge.
Now, “Timmay” Geithner wants to increase our debt limit “to infinity and beyond!” Any guesses on how that’s gonna work out for us?
The petrodollar was a great system while it lasted. If only we hadn’t decided to go all socialist with guaranteed this and socialized that. We could have had an indefinite run as the world’s lone superpower.
Of course if LBJ hadn’t taken us down the socialist road, we wouldn’t have needed the petrodollar to begin with.
What a snarled, tangled, mess. It’s too bad our political class couldn’t have been modest in it’s national ambitions.
I think currency collapse is part of the master plan.
“Capitalism failed. It doesn’t work. History has just shown that. We have to progress forward with the new plan.”
Farmer Obama’s Turkeys appear to have been feed a steady diet of “Quantative Easing” resulting in the devaluation of the currency, and an inflation of prices of everything needed to rear Turkeys.
I am guessing overall Turkey demand is pretty stable or may have even declined over this same period.
So, are your Turkeys better off than they were four years ago?
Other than selling a turkey minus its wings or legs at the same old price, I dont know if one could make it any easier for an Obama voter to understand Obama-nomics.
Good post RD.
All:
I have not your financial/economic expertise, but I do know that 4 years ago,”
(screeching)
President obama, he’s in President you know, an’ I got obama phone … .”
And the futures of turkeys rose thence.
HAH! Just wait ’til January 2013! Repressed inflation will hit ALL Americans with a swift vengeance.
Walmart has already announced a price spike for the first quarter 2013! the rest will be history.
For a historical take on what’s in store, just follow October 24, 1929′s Great Depression (see if there are any similiarities to Obama’s first and second terms).
There was the 1929 stock market crash…averted by Obama’s “2009 stimulus.”
1) push for higher wages 1929, now rearing it’s head again 2013
2) Public works (WPA,et al)1929. 2012/13 -infrastructure, shovel ready projects.
3) 2 to 3 million unemployed 1933. 2013-47 million on food stamps; 4.3 million on welfare; and 5.6 million unemployed
4) Coordination of business & government (The New Deal-FDR). 2013 creation of Obama’s Business Czar.
And the Great Depression lasted 10 years…1929 to 1939 with FDR’s train stop in Amarillo, Texas calling an end to the “Dust Bowl.”
Check it out…history strangely repeats itself. Exept FDR got WWII.
What’s Obama got? Zilch? Pray. Amen.
Obama’s gonna have WWIII, messup.