Re: Kit Prices are Jumping Up
Facts do not have a political affiliation or an agenda.
The diminished value of the dollar from the Fed printing money and buying back our debt (quantitative easing) and our 1.5 trillion dollar annual deficit are the main reason why things are costing more from food, gasoline, clothing, and just about everything else to include imports such as HT engines. I bought a new derailleur for my shifter bike and used to pay $15.00 for it and it just cost me $20. The bike shop said it costs a lot more in diesel fuel for the cargo ships to transport cargo 1/2 way around the world when I asked about the sudden price increase.
A simple head of lettuce which used to cost us 89-99 cents a head last year is now anywhere from 1.38 to 1.79.
I used pay 18 dollars for a 20lb bag of dogfood and it now costs me $20.00
A 12pack of catfood used to cost $7.00, now it costs $9.98
Green peppers used to be 50-75 cents each are now $1.25-1.50 each.
--Food banks are suffering because donations to them are buying less food for needy people.
Gasoline has risen in price each day for the past 35 days. I drive diesels because they get better fuel economy and emit less CO2 than a conventional gasoline engine-my tailpipe on my wife's diesel is cleaner than any gas engine...zero soot out the exhaust thanks to a $2000 diesel particualte filter....- but the EPA under current administration just nixed Shells desire to drill for oil in the Beaufort and Chukchi Seas. Shell spend 4 billion dollars (2.2 billion alone for lease rights form the Us gov't) and the EPA won't approve their permit to drill because the carbon dioxide from ice breaking ships going to the proposed drilling rigs wasn't considered in Shell's environmental impact and it would affect the local air quality. Our president recently said that oil companies are sitting and not using hundreds of lease rights to drill for oil.
Meanwhile our president declared on the 41st annual Earth Day proof of America's ecological and conservation spirit—then completed a three-day campaign-style trip logging 10,666 miles on Air Force One, eating up some 53,300 gallons of jet fuel at a cost of about $180,000. And that doesn't include the fuel consumption of his helicopter, limo, or the 29 other vehicles that travel with that the presidentail limo.