why is the prices of everything seem to be going up?
By tparring
@tparring (108)
United States
September 11, 2008 3:05pm CST
The economy seems to be going down. It's getting harder and harder to find a job out there (I should know...I graduated from college in december and still can't find a job that will pay me enough to survive)...but why is the prices of everything going up? If it keeps going this way, what do you think will happen to the U.S.?
4 responses
@Arkie69 (2156)
• United States
11 Sep 08
The way things are stacking up I believe we are in the early stages of run away inflation. If we are we will know it for certain by the middle of next summer. It will be world wide, not just in the US. The timing of the fuel price increase and the crash of the real estate market is what did it. They both hit us at the same time. The price of the fuel going up is raising the price of all consumer goods. The crash of the real estate market put a lot of high paid workers out of a job. Our economy could have stood either of them but not both of them at the same time.
One of the things that is dragging our economy down is the reduction of the sales of junk items. Far too much of our economy is being supported by the sale of junk items. This is the many things that we want but don't really need. The higher prices go the stronger this trend will become. At a point these people that are producing all this junk will start closing up shop. This will put a lot more people out of work and put a lot more strain on our economy. Every worker that looses their job takes that much more money out of circulation. All this together is creating a domino effect. Everything that is effected effects other things.
A good example of this is the real estate market. If you stop building new homes it not only effects people that produce the lumber and other building materials but it also effect hundreds of other that produce or sell anything that goes into a new house. Everything has a way of falling in line and becoming an endless circle. That circle will get bigger and a lot more destructive as time goes on. It won't stop until it has brought everything down. My advice is for as many as possible to try to get into a position where they can at least produce part of what they consume. Even if you have money consumer goods, including food may not be there for you to buy. I hate to paint that kind of picture but from where I sit that is the way it is shaping up.
@Arkie69 (2156)
• United States
13 Sep 08
All the ear marks are there. If we are right we are really in for it. If we have another total crash it will make the big depression look like a picnic. There are so many more people nor. The food supply would be gone in no time. If you have any food stashed back you would probably be forced to kill to keep it. Hungry people are the most dangerous animal on this earth. Can you even imagine a place like the LA basin if the food ran out? It is said that there is only a 3 day supply of food in that area on any given day. Anything more than that is on trucks headed for the area. It would be rough.
@medney1988 (560)
• United States
11 Sep 08
the prices are going up because the government is making it harder for businesses in the US to function. its a lot easier for a company to outsource to india that it is to just have the company based in america.
@tparring (108)
• United States
11 Sep 08
talking about the government....it seems that when a republican is in office the economy shifts so that it is harder for poor people to survive and easier for rich people to get richer. And when a democrate is in office...it seems that the economy shifts to help the poor people survive and the rich doesn't get so much richer.
Is it me or is that just the way it is?
@medney1988 (560)
• United States
11 Sep 08
there are way too many sides of that story to even begin to have an opinion
@icegermany (2524)
• India
11 Sep 08
the prices of all things are going higher and i feel its not only in US but also in india there is too much of inflation. if this is the trend going on and inflation rate becomes higher it will really become difficult for the poor people and also for others. there are people in india who find hard for one time meal and we really cant imagine how those people might be surviving and running their houses. i think it really effects all of us if we people who are well of and tell that the prices are increasing just think about those poor people and how hard situation they might be facing.
there should be some severe action taken against the inflation by government so that it can be got under control and let the people live peacefully.