The quick obligatory recession post

I found enough coins to treat myself to some coffee across the intersection at Panera Bread Company.  When I reached the counter I saw a nice sign standing there with the Panera Bread company logo, colors, and 2008 copyright notice.  I tried to take a picture, but my phone’s camera isn’t good and I don’t know how to get the pictures to my computer anyway.  It basically said that they wanted to serve quality food at reasonable prices but that they wouldn’t buy inferior ingredients in order to keep prices down.   As a result, prices will be rising.  The price of wheat, the sign said, has increased 100% in the last few months (six, I think, but I’m not remembering clearly).

I tried to find some discussion of the sign in the blogosphere or on the company website, but no such luck.  However I did find a couple of stories that were related:

Not sure what to say about this.  Recently, I’ve found myself unable to buy a whole tank of gas.   It is not because I don’t have the money in my account (for now at least).  It is simply because some psychological point has been reaced and I just can’t stand to fill up the tank.

This might not do anything except force me to stop for gas more often.  But I suspect it will also make me think twice about unnecessary driving.

11 thoughts on “The quick obligatory recession post

  1. Jim

    Yeah, according to “The Economist” magazine a month of so ago, world food prices have reached a height not seen since before the Green Revolution of the 1960s. (This “green revolution” concerned food, not ecology.)

    This article laid the blame at biofuels — which undoubtedly play a role. I wonder whether U.S. conservatives and libertarians can now build a coaltion with American leftists to repeal U.S. agricultural tariffs in the name of feeding the poor & lower taxes. (It’s a “win-win” situation: third world farmers receive more for their crops, while the poor in America receife lower food prices.)

    In my neighborhood, milk is running a dollar a gallon higher than last year, and a dozen eggs are running 50 percent higher, or more. This is a stunning price increase for so short a period of time.

    Reply
  2. jennifer

    The liberal news media’s way of making us feel better is to say something like, “But in Europe gasoline and food prices have been this high or higher for years. We’re just catching up.” This kind of commentary doesn’t do much for me.

    Reply
  3. COD

    Feed the poor? I’m worried about feeding myself at these prices! The Durango is a $60 fill up, and that is with 7 or 8 gallons left in the tank from the previous fill up.

    Reply
  4. David Gray

    >“But in Europe gasoline and food prices have been this high or higher for years. We’re just catching up.”

    When I lived in the UK in the 1990s I paid around $5.25 a gallon for petrol…

    Reply
  5. Kevin

    $90 to fill up my wifes van, plus my truck…don’t even get me started about the price of booze.

    This must be a sign of the end times! You remember the horse the colour of money? And the name of him that rode on it, was inflation.

    Reply
  6. Bobber

    “No bread or cheese?!?! Then what would be the point of living?”
    Ok to eat these things for enjoyment (moderately) but just ditch the FDA food pyramid which is based on pseudo science.

    Reply

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