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Clipping, Scrimping, Saving
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| Contributor | ArmyDem |
| Last Edited | ArmyDem May 01, 2008 08:59pm |
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| Category | News |
| Media | Newspaper - Washington Post |
| News Date | Friday, May 2, 2008 02:00:00 AM UTC0:0 |
| Description | Egg prices are up 35 percent, with milk and bread not far behind. Consumers are scrambling to find ways to cope.
By Jane Black
Washington Post Staff Writer
Thursday, May 1, 2008; Page A01
The last thing Marti Tracy wants to do on a Saturday is clip coupons. But last month the 34-year-old Bowie resident felt she no longer had a choice. She'd already given up organic meat and decided to buy organic milk only for her 2-year-old son, not for the whole family.
Tracy and her partner also stopped buying the cereals they like in favor of whatever was on sale; stopped picking up convenient single-size packs of juice, water or crackers; and, in order to save gas, stopped going to multiple stores. "I find the whole thing a huge hassle, but I've reached a tipping point," said Tracy, a government human resources specialist who is pregnant with her second child. "Clearly, I'm not unable to feed my family. But I just can't feed my family the way I'd like to feed them."
Since March 2007, according to the Bureau of Labor Statistics, the price of eggs has jumped 35 percent. A gallon of milk is up 23 percent. A loaf of white bread has climbed 16 percent. And a pound of ground chuck is up 8 percent. Overall, U.S. food prices in 2008 are expected to rise 4 to 5 percent, about double the increases of recent years. And while the total rise is far less drastic than elsewhere around the world, the sharp hike for staples means everyone is feeling the pinch. |
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