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Items tagged with: costofliving





Phase 1 of the #COVID19 pandemic had lockdowns and all sorts of other restrictions, fairly high case mortality, but a relatively low number of infections.

Phase 2, mostly by virtue of the vaccine, had a much lower case mortality, but also had no restrictions and higher infectiousness, so we also had a lot more low-level illness. Countries that handled phase 1 poorly saw deaths go down during phase 2, but countries that did well during phase 1 now saw deaths skyrocket. All of that low level illness also caused a lot of #Inflation, and began the #CostOfLiving crisis.

Phase 3 saw the total amount of illness go down. While phase 2 saw 6 waves over 2 years, now there were only 1-2 waves per year. The waves that did occur were slower, and had much lower peaks. Inflation mostly stabilised in the countries that hadn't already managed it, but cost of living was still high.

It wasn't immediately apparent that one phase had ended and the next had begun. We were 6-12 months into phase 3 before I recognised it.
Also, in #Australia at least, each phase lasted almost exactly 2 years: Phase 1 was from the end of 2019 until the end of 2021; phase 2 lasted until the end of 2023... This is almost certainly a coincidence, but if it continues, phase 3 would have ended late last year.
But we won't know for a little while yet. Nor will we know what phase 4 really looks like - if it's even a phase at all.
Maybe the pandemic had ended? COVID isn't over, but we'll have to start calling it something else.


High #oil costs will also affect #food #prices as materials used for #fertilizer & creating food #packaging are affected by #SupplyChain disruptions.

“We’re going to start seeing that inflationary pressure…think about everything you buy at a retail, big-box store,” Karen Young, a senior fellow at the Middle East Institute said.

#idiocracy #kakistocracy #Trump #IranWar #US #Iran #war #law #Congress #WarPowers #NationalSecurity #inflation #CostOfLiving #economy #CostOfLiving #oil #EnergyCrisis





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While the price of #food at home fell for the month, there were a couple of worrying signs in staples for consumers. One big one: The price of #PeanutButter jumped 2.2% from last month, & is up 5.3% in the last year, as a lot of peanut producing areas are facing a #drought. #US #farmers are estimated to be planting 15% fewer acres of #peanuts this year than last year, so the peanut supply could diminish even more.

#Trump #economy #inflation #affordability #CostOfLiving #ClimateChange



Hannah Spencer:
"The Green party is clear: ordinary people should not pay for this crisis (US/Israel war on Iran). The government should guarantee right now that it will not allow energy bills to rise beyond the April-June price cap, and every single pound of reckless profiteering by energy companies must be repurposed to this end."

theguardian.com/commentisfree/…

#Iran #WarWithIran #UKPol #GreenParty #Labour #CostOfLiving

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