Wednesday, June 04, 2008

Economic depression in America: Evidence of a withering economy is everywhere


SPAM®, the new fillet mignon.

I've said before I love SPAM® and have eaten it regularly for years. Just get over the irrational stigma it's only for poor people (which you're rapidly becoming). Its high quality pork and considered a delicacy for special occasions in many countries.

Ah, a couple slabs straight out of the can on bread with some mayo. Mmmm. Or cubed in scrambled eggs or on a salad is fine too. There are a gazillion ways to have it. Just ask Hormel®.


Besides that before eating SPAM® you can sculpt it. So its not just a food. Its a hobby.
Look around. The evidence of a withering economy is everywhere. In “good times” consumers shun the canned meat aisle altogether, but no more. Today, Spam sales are soaring; grocery stores can’t keep it on the shelves.

Everyone is looking for cheaper ways to feed their families. The Labor Dept. assures us that core-inflation is only 4 per cent, but everybody knows it’s load of malarkey. Food prices are going through the roof. White bread is up 13 percent, bacon is up 7 percent and peanut butter is up 9 percent. Inflation is rampant and there’s no end in sight. The dollar is closing in on the peso and working people are struggling just to get by. The bottom line is that more and more people in “the richest country on earth” are now surviving on processed pig-meat. That says it all.

In Santa Barbara parking lots are being converted into hostels so that families that lost their homes in the subprime fiasco can sleep in their cars and not be hassled by the cops. The same is true in LA where tent cities have sprung up around the railroad yards to accommodate the growing number of people who’ve lost their jobs or can’t afford to rent a room on service-industry wages. It’s tragic. Everywhere people are feeling the pinch; that’s why 9 out of 10 Americans now believe the country is now headed in the wrong direction and that’s why consumer confidence is at its lowest ebb since the Great Depression. This is the great triumph of Reagan’s free trade “trickle down” Voodoo economics; whole families living out of their cars waiting for the pawn shop to open.

Hahaha. Fillet mignon. I can't remember the last time I had beef that wasn't ground or in a hot dog casing. It doesn't bother me; beef steak hasn't been in my budget for a very long time.

And don't remind me what all goes into a hot dog. I know, but prefer denial.

Note: Headline links to source.

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