Supersize: Ground beef price hits record high

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The weather is beginning to warm up and one of our American favorite passtimes is grilling — heck, some of us may even be warming up the grill for this weekend’s March Madness Sweet Sixteen.

Well, if that’s the case, I wonder how many turkey or veggie burgers will be hitting the grill? Laugh you may, but here’s an interesting morsel you won’t hear many articulate in the liberal progressive media.

As reported by CNS News, “The average price of a pound of ground beef climbed to another record high in February, hitting $4.238 per pound, according to data released today by the Bureau of Labor Statistics (BLS). In August 2014, the average price for a pound of all types of ground beef topped $4 for the first time, hitting $4.013, according to the BLS. But by January 2015, ground beef hit $4.235 per pound and in February 2015, according to the latest data from the BLS, the price of ground beef hit the highest level ever recorded of $4.238.”

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“A year ago, in February 2014, the average price for a pound of ground beef was $3.555 per pound. Since then, the average price has increased 19.2 percent in one year. Five years ago, in February 2010, the average price of a pound of ground beef was $2.277, according to the BLS. The price has since climbed by $1.961 per pound, or an increase of 86.1 percent.”

Why is this important? Because at a time when wages are being depressed, this represents one of those unseen cost increases dumped on struggling American families. We don’t hear enough about the rising costs of food commodity prices.

When I was in the Congress, I kept a data card showing the prices of milk, eggs, and beef to ensure I fully understood the rising trends. Along with rising energy costs – with fossil fuels under assault by the Obama administration – higher food costs hit lower income American families the most — you know, those folks who are supposed to be the focus of the liberal progressive left.

What are some of the factors? Let’s think outside the bun for the moment. Are costs rising because more corn is being used as a fuel source and not a food source for the purposes of feeding cattle? Could the collateral effects of quantitative easing — printing money as a monetary policy — result in a devaluation of the dollar?

Or maybe it’s just an assault on our right to grill. After all, we reported here about the EPA’s efforts to control gas BBQ emissions. And the White House has already looked into regulating cow flatulence (methane gas) as part of its climate change agenda. You laugh, but…

According to CNS News, “the overall Consumer Price Index measures the relative change in the prices of a basket of goods and services relative to a basis of 100. “The food index increased 0.2 percent in February,” said the BLS. “Also turning up in February was the index for meats, poultry, fish, and eggs, which rose 0.3 percent after declining slightly the prior month. The index for beef and veal rose 0.7 percent, its thirteenth consecutive increase.”

So I’d like to know, what are you experiencing? Are you finding it harder to fill up the grocery store cart? Where are you making sacrifices and foregoing certain food commodities? I remember growing up and how Mom would write our her grocery store shopping list — what does your shopping list look like? Are you eating out more than eating in as a family?

There are so many small indicators that our economy is on life support, breathing but in a coma. And at the end of the week we’ll out about our gross domestic product — there are already some rumors that it will be less than 2 percent. The GDP is down. The price of beef is up. And the U.S. debt keeps rising.

Heck, I could use a good juicy burger right about now!

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