Trinidad & Tobago Inflation At 10%
The rate of inflation has a direct affect on the day to day lives of every citizen of Trinidad & Tobago.
Our complacency has caused this situation to escalate, if we were more active and we used our power as consumers and boycott these grocers high prices and affect the bottom line of their businesses they would be lobbying on the powers that be for concessions so they could then keep the prices down.
Other than boycotting groceries we should also be lobbying the Government to put controls in place to stop the escalating food prices.
The consumer would then benefit from either scenario.
Definitely need government controls on food prices especially for basic necessity.
Flour, Sugar, Oil, Cheese, Rice, Dairy, Meats, day to day household items and personal care items, baby supplies.
Salaries need to be growing exponentially to match inflation and cost of living too.
A man who cant feed his family is more likely to commit a crime to provide the basic necessities for them.
Businessmen say the whole supply chain getting more costly (transport, shipping, fuel etc. cost of the goods itself) but they raising the food prices every three months, I sure if we check they even raising the price on old stock which didn't cost them more just to profit more - unconscionable behaviour.
THEY PASSING THE RISING COSTS ONTO THE CONSUMER INSTEAD OF CUTTING INTO THEIR PROFITS and GROWTH.
Then they wonder why they get robbed or somebody want to snatch them or their loved ones...but were is the equity in society. They want to stop crime but they not addressing the issues that create the crime in the first place. POVERTY.
Poverty is the most violent act you can commit against a Human, it is your basic right as a Human to have food, shelter etc...
Edited: aaa on 28th May, 2007 - 12:10am