Inflation has increased this month at an annual rate of 6.5%. Cost of food and gasoline are the main causes.
We are approaching $4 per gallon and is just the beginning with predictions of $5 per gallon around the corner. Driving the consumer's cost even higher due to higher cost for food shipments.
If all the indicators are correct we are in for a rude awakening within the next few months.
frank smith
Monday, April 18, 2011
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And the uneducated will RE elect Obamanation as president.
And why not? 50% pay NO income taxes while taking more and more. The makers are fed up.
Connecticut lost 6,000 jobs last month and today brought news of another manufacturer moving out of state, this time to Rhode Island, to flee our socialist business destroying taxation.
Connecticut lost 6,000 jobs last month, reversing February's job gains and pushing the state's unemployment rate up slightly to 9.1 percent from 9 percent in February, according to the state's monthly Department of Labor report issued Monday.
Despite the common sense of not increasing taxes on businesses, our dearly elected legislators will continue to increase them...they just don't get it, that the extra taxes could have been used to invest in the businesses and or more employers. Maybe we should insist the legislators take a decrease in pay?
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