This week, the U.S. Department of Labor reported that consumer prices rose in 2021 at the fastest pace in 30 years.
The Consumer Price Index is up 6.2% over this time last year.
Energy prices were up 30% over last year -- 4.8% in the last month alone with gasoline specifically rising by 6.1%..
Food prices are up 5.3% over last year.
Now vehicle prices up 9.8% and used vehicles up 26.4%. Shelter up 3.5%.
Most economists blame labor shortages that have disrupted the supply chain, making everything more expensive.
Republicans say Democratic policies are at fault and that social spending, including increased unemployment benefits because of the COVID-19 pandemic, has been the major factor in jobs going vacant and, therefore, rising prices.
Democrats say the increased benefits were necessary in the wake of COVID-19 shutdowns and that American workers are still suffering the effects. President Joe Biden says his $1.2 trillion infrastructure package -- which includes investments in ports and shipping -- will help relieve supply chain concerns.
We want to know what you think. Has inflation affected your and your family in a significant way over the past year Do you believe there will be any relief from high prices anytime soon?
Send your response (50 words maximum) to [email protected] by Wednesday, November 17. You can also mail your response to the Texarkana Gazette Friday Poll, at P.O. Box 621, Texarkana, TX 75504 or drop it off at our office, 101 E. Broad St, Texarkana, Ark. Be sure to include your name, address and phone number. We will print as many responses as we can in next Friday's paper.
Last Week: Paid Leave?
Last week's question was about paid family and medical leave. Do you believe the U.S. federal government should require all American workers have paid family and medical leave in some form? Or should any such benefit be left up to employers and/or states?
Absolutely, we need family leave. This is a great program to have for birth of a child, care of a family member, etc. The U.S. is one of the only countries that do not provide this. Although, federal workers have family leave, it can be used if you have leave to be able to take off, paid without fear of losing your job. Which defeats the purpose, but better then nothing. This is not a waste of money. -- R.K., Texarkana, Texas
- NO NEW TAXES!
- Absolutely. Let's do it.
- Universal paid leave. If left up to the states, the red states will do nothing.
- Most employers allow leave to be used if available so some people do get paid.