Inflation blues

Marie Waldron
Marie Waldron. Valley News/Courtesy photo
The rising cost of virtually everything is costing Californians dearly. March inflation surged to 8.5%, the largest increase in 40 years. This spike, driven largely by the cost of gasoline, made March the 10th straight month with inflation over 5%.So what’s the solution? One important step would be to suspend our 51 cent per gallon gas tax, the nation’s highest. Not only is it a direct tax on those with the least ability to pay, it drives up the cost of all goods shipped on our highways – in other words – everything. Over the past 12 months, groceries rose 10% overall, with meats, poultry, fish and eggs increasing by 13.7%. According to a recent Bloomberg report, inflation will cost the average U.S. household $5,200 this year, or $433 per month. While average wages rose by 5.6%
Subscribe or log in to read the rest of this content.