2011 and What It Brings

Things Will Cost More in 2011
Call it anything you want, inflation, devalued dollar, declining America, job losses, but one thing for sure; you are going to have to pay more for the basic things. As if your wallet isn't stretched far enough - prices are creeping upwards.

7 Things that Will Cost More
Here is a list of the seven items that will impact YOUR wallet almost immediately:

• Gasoline, Diesel and Fuel Oil - This has already started. Oil is approaching $100 per barrel. The net effect is that $5 gasoline isn't that far from our future. China and India are becoming the world's biggest consumers of oil. This along with a cold winter in Europe has spiked the demand for oil. Since Obama has blocked new oil production in the US, this will only get worse.


• Food - This too has already started the climb upwards. Food prices are going up and the USDA expects to see 2% to 3% hike in the cost of all foods here in the USA in 2011. This is being driven by higher corn prices - thanks in part to Big Government regulations. Recall that farm animals have to be fed and as those costs go up, so do the dairy and meat products. Also a huge percentage of grocery items are linked to corn. The average grocery store contains over 4,000 products that contain corn.


• Clothes - Cotton prices have been going up at record rates. Cotton is 80% more than what it was in 2010! Since all (or most clothing) is manufactured in foreign countries, we can expect higher tariffs and worsening trade deficits.


• Health Insurance - Thank ObamaCare for this one. There are so many hidden taxes in ObamaCare that employers just can't afford medial insurance for their employees. This in-turn will cause them to drop insurance and allow the government to become the new provider for all of us. Premiums are already skyrocketing thanks to government intervention.


• College Tuition's - Colleges are now loosing state funding and receive less financial aid from respective states. In addition, ObamaCare (why was this regulation here?) mandates that the government is now the ONLY provider for student loans - eliminating all competition for cheaper loans. To make matters worse, college tuitions are going up an average of 8% in 2011 because of a reduction in alumni giving, besides the lack of state funding.


• Raising Kids - Raising children has NEVER been cheap. However, besides feeding and clothing them, you have to pay for books and supplies, after school day care, soccer camp, and on and on and on... All of these things cost MORE in 2011 because of the shrinking dollar!


• Bank Fees - The new imposed government banking laws have meant new banking fees (thank Obama and Barney Frank), we now have: Checking fees, ATM fees, safety deposit box fees, talking to a teller fees, and so on...

Solution?
The only thing you can do is shop around. With all the new regulations and deliberate government devaluation of the dollar, there's not much you can do.

Remember this in 2012 when it's time to elect a President. Why not find someone who is truly qualified for a REAL change?