If You're In DC, This Is Actual News:

But it certainly isn't "news" to actual taxpaying citizens:

The combination of rising gasoline prices and the steepest increase in the cost of food in a generation is threatening to push the US economy into a recession, according to Craig Johnson, president of Customer Growth Partners.

Johnson looks at the percentage of income consumers are spending on gasoline and food as a way of gauging how consumers will fare when energy prices spike.

With gas prices now standing at about $3.90 a gallon, energy costs have now passed 6 percent of spending—a level that Johnson says is a "tipping point" for consumers.

"Energy is not quite as essential as food and water, but is a necessity in today's economy, and when gasoline costs more than bottled water—like now—then it takes a huge bite out of disposable spending," he said, in a research note.

But of course you'll enjoy this next part:

What may make matters worse this time around, is there has been a steep increase in food prices that occurred as well. In other recent recessions food costs were benign, at between 7.5 percent and 7.8 percent of spending.

Mr Obama thinks your energy plight is laughable. His limo gets 8 mpg but, hey, he's "got his." You'll just have to live yours. And keep paying those taxes.

I've pointed this out before and I'll do it again:

Everything you eat, touch, utilize, manipulate, is mass-transported to you courtesy of a diesel engine. Most all bulk cargo ships have diesel engines. All locomotives have diesel engines. The larger highway trucks have diesel engines. Many smaller, local transport trucks have diesel engines.

I'm sure you've noticed that diesel fuel is even more expensive than premium unleaded. In Fornicalia, the "cheapest" ARCO fuel is $4.10 for regular unleaded. Diesel has cracked the $4.60 barrier. Five dollars per gallon, here we indeed come. And quite shortly.

I'm sure, now, you understand why food prices are rising. Plus: lost corn/grain crops to ridiculous Ethanol.

DC couldn't care less about you and your pitiful prices. Keep scrabbling away and paying taxes, you maggots.

BZ