Will you be able to afford to live?

Anthony Martin
Conservative Examiner
7/15/2014

“Under my plan, energy costs will necessarily skyrocket.” Barack Obama uttered these words in a candid moment while speaking to reporters in 2008. But he failed to include food, over the counter drugs, coffee, milk, and a host of other necessities for survival.

The question, however, is, will you, the average American, be able to afford to live once the increases cross the threshold into unaffordability. Wages have been stagnant in this, the weakest so-called recovery in U.S. history. But prices are skyrocketing for those items that are needed to sustain life. What happens, then, when you can no longer afford them? When you can’t afford to live, what will you do?

For example, Zero Hedge is reporting that food prices alone have risen by 14 percent since January of this year. Yes, you read that right. Food has gone up by 14 percent in roughly six months. What happens, then, if this trajectory continues throughout the rest of the year? Could you survive if food prices at the end of 2014 show an increase at an annual rate of 28 percent?…

 

 

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