The Cost of Living

Topics: United States, Economics, Unemployment Pages: 2 (727 words) Published: November 28, 2010
LaRonda Braxton
Public Speaking

The Cost Of Living

In the early nineteen seventies the cost living was affordable for the American families, As a child I remembered my mother sending me to Pete’s Confection Store, I would put to the items in my little red wagon and bring them home for my mother. The items that I'd shop for were eggs, a loaf of bread, milk, and a six pack of seven-up sodas. There is a major difference in the price of these items then compared to now, a carton of eggs use to cost $.25 cents per carton, a loaf of bread $.25 cent, milk $1.15 a gallon, and a six pack of soda was $.70 cent per pack. Now, the cost of eggs per carton is $2.50, a loaf of bread is $2.00, a gallon of milk is $3.50, and six pack of soda is $3.00 depending on the brand. In today’s economy the cost of living is even on the rise, this explains the recession that has took over our nation. Some people in the American society barely have enough finances to live on the every day necessities to survive in this economic dilemma; as a result, the loss of jobs has lead to poverty in the United States for American people. Basically, people can't afford to buy food, afford adequate housing, or don't have enough money to pay their utility bills. Many people have to seek help through different agencies to help them with their essential needs. First off, the cost of food in the grocery store is very high; the average family of four is spending five hundred dollars a month on groceries consisting of bread, diary products, meats, and poultry. The cost of a loaf of bread is two dollars, milk is costing two dollars ninety five cents, a family sized pack of hamburgers is eleven dollars, and family pack of chicken wings is ten dollars, the cost of food in today's market is ridiculous. Secondly, the cost of utilities has sky rocketed, American families can't afford in this economy in the average family spent on monthly bills in the seventies and present time on their utilities....
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