Stagflation and Cheney

[traderx]

At the rate cited in the MSNBC article, Spam costs $3.49 per lb. How much is a pound of ground beef?

 

[Alicia Leonard]

At the rate cited in the MSNBC article, Spam costs $3.49 per lb. How much is a pound of ground beef?

Fresh ground chuck is 1.48lb at Winn Dixie this week.Ground sirloin is 3.49lb

 

[traderx]

Fresh ground chuck is 1.48lb at Winn Dixie this week.Ground sirloin is 3.49lb

The price of ground beef vs. Spam puts the MSNBC article in a poor light. I just read another article and Hormel's own statements that the increase in Spam sales is attributed to increased advertising and new single serving packs. In fact, Hormel said it was the first Spam advertising in 71 years, if I remember correctly. If ground chuck is two dollars per pound less than Spam, it is reasonably to conclude that increased Spam sales are not due to the economy. MSNBC continues to be the unofficial election headquarters for Obama.

I am old enough to remember when the news media was not so lopsided in its "reporting". Of course, I am also old enough to remember when the air was clean and sex was dirty.

 

[Bob]

By no means. The lifeblood of the economy (financials) is in the toilet and will be for at least two more quarters, but we are still squeeking out positive growth. Of course, doubling the capital gains tax sure as hell won't help and the threat of such may be the death rattle of this decade.

Bingo! Romney's best idea ever was the elimination of capital gains.

 

[6thGen]

Bingo! Romney's best idea ever was the elimination of capital gains.

True, but it loses ground thanks to his worst idea ever, "universal" health care. That's unravelling as we speak.

 

[Bob]

True, but it loses ground thanks to his worst idea ever, "universal" health care. That's unravelling as we speak.

we are already 2/3rds the way there on health care.