DEFLATION IS TOTAL BS Commodity prices are UP. Check the futures charts, bacon prices, and beef prices. This is more negative stuff from a liberal press that just HAS to find fault with America and the Bush Administration wherever they can. Corn is at $2.60, a year ago it was UNDER $2. Wheat prices are at $3.40; a year ago they were $2.60; Soybeans are at $6.40, a year ago they were at $4.40. It's the same with the meats: UP; bacon has almost doubled in price since last summer. Gold is up. Copper is up. These writers are flat out liars. No deflation. Check some charts HERE The only prices that are down are energy. Gasoline prices alone are down 15% in five weeks. Jet fuel is down, Natural gas is down, and down from very high prices. But they are still high by historical standards but EXACLY where they were a year ago. Ditto for crude oil.
5/18/2003
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