Meaning of Life # 2 - Shrinking Food

You've probably noticed it as well.. Cans, bottles, boxes and carton's of your favorite foods are slightly smaller than they used to be. I guess no one thinks consumers will notice if the price stays the same, but the quantity is less.

Perhaps you've noticed the chips ahoy cookie is not the same diameter as before. Inspection of the package shows 15.2 ounces when it used to be 16. Ice cream is not a half gallon anymore. Orange juice isn't 96 ounces, but 89 ounces. The other day, I was having a pint of grolsch and noticed it was a slightly slimmer bottle. Sure enough it was 15.2 ounces not 16.

It's not just me. I started researching a little and found several articles where others have noticed. http://www.seriouseats.com/required_eating/2008/07/our-groceries-are-quietly-shrinking.html

Meaning of life #1 - Crazy Gas Prices

Here's something that shapes life and gives it meaning. What could do that more than your bank account. Like everyone else, i'm infuriated by the rising price of gasoline and more so, the factors behind the rise.

Everyone wants to speculate what is driving it and that's easy.. Greed. Everything else that you might speculate as being the cause is truely just the mechanism being used to get more money. I'm certainly no economist and even though I have stayed at a holiday in express recently, I don't pretend to know more than the next guy about the cause.

That being said, I want to present to you the following excersize in thought. If you aren't mad about the rising prices yet, you will be after this.

5 Years ago, Gas prices were $1.48 a gallon. Pre- Katrina - Aug 2005 (Ref-Hurricane) fuel prices were pretty steady, hovering around $2.00 a gallon, reaching the summer high of $2.25 a gallon (which is ridiculous enough). By September, the storm was used as an excuse to raise the prices to $3.15 a gallon. This is a 40% increase. There was a slight lull in 2006 where prices returned to the $2.15 range (probably due to public outcry when the record profits were posted by oil companies) but 3 years later, prices are now at an all time high of $4.00 a gallon which is a 166% increase from Aug 2003, just 5 years ago. reference -DOE

ok, lets apply this increase to other items that we all use daily.

Would you still use them?

Would you protest by not purchasing them?

How would you view the companies that produce these products?

Some prices have been taken from the Bureau of labor statistics (ref) other prices based on local costs where I live in Georgia.

What if the following prices increased 166% like fuel has over 5 years?

1 pound of Banannas Today - $0.63 Would be - $1.68
1 head of lettuce Today - $0.86 Would be - $2.29
1 pound of Oranges Today - $1.13 Would be - $3.01
1 chicken, Whole (per pound) Today - $1.18 Would be - $3.14
1 pound of Apples Today - $1.36 Would be - $3.62
Loaf of bread Today - $1.37 Would be - $3.64
1 pound of Tomatoes Today - $1.81 Would be - $4.81
1 dozen eggs, grade A large Today - $1.92 Would be - $5.11
Light Bulb (4 pack) Today - $1.95 Would be - $5.19
12 oz can of Orange juice concentrate Today - $2.52 Would be - $6.70
1 pound of ground chuck Today - $2.83 Would be - $7.53
Milk Today - $2.95 Would be - $7.85
Mcdonalds 1/4 pounder with cheese Today - $2.95 Would be - $7.85
Movie Ticket Today - $7.00 Would be - $18.62
1 pound of coffee bean Today - $7.50 Would be - $19.95
1 Compact Disc Today - $15.00 Would be - $39.90
Pizza (pizza hut - 1 toping) Today - $19.99 Would be - $53.17
500 Kilowatts of electricity Today - $65.00 Would be - $172.90
Apple Ipod Today - $299.95 Would be - $797.87
Flat Screen TV (Viso 42 inch) Today - $650.00 Would be - $1,729.00
Laptop Computer (toshiba) Today - $795.00 Would be - $2,114.70
New Hyundai Accent (loaded MSRP) Today - $14,970.00 Would be - $39,820.20
New Ford F-150 (loaded MSRP) Today - $36,300.00 Would be - $96,558.00
New 1700 sqft basic house in Ga Today - $225,000.00 Would be - $598,500.00

The problem is, that we can do without most if not all of these items and if the price increased by 166% in 5 years we wouldn't buy them and so prices remain within the control of supply and demand. To high, we won't buy.

Check out the prices across the US.
http://www.gasbuddy.com/gb_gastemperaturemap.aspx?z=0&lat=37.000000&long=-96.000000&ft=A&tl=48

What is the Meaning of Life?

An interesting question that has always seemed somewhat rhetorical to me. I think that many people go through life searching for that answer when I believe it's really right in front of them... or around them rather. Life. Everything that happens to you throughout your day gives life meaning.

This blog is all about daily observations of life, things that are changing around us and a lot of opinion.