Show Inflation Costs I i You 2 j SPECIAL TO THE CLIPPER i The average Davis County housewife Is finding that she needs more money these days when she goes to the grocery store or the meat market Her lIer food bills are running nearly give per cent higher than they were a year ago I AFTER A long period of rel relative relative relative rel- rel stability the cost of living 1 is s increasing rapidly Talk of t I Inflation is in the air Locally Locally- and in almost every other part of the country the prices for consumer goods and services have been going up at atan atan atan an accelerated rate The problem has become one of major national importance as the government considers ways and means to keep the lid lidon lidon lidon on without putting too much of ofa a brake on the economy PRICES RAVE HAVE VE been creeping upward for some time but at a modest 1 to 1 2 1 per cent a year In the past year however according to the Department of Labor and other government sources J the rise has been considerably considerably considerably con con- than that more about 2 per cent What does this amount to in dollars and cents for the average average average aver aver- age Davis County family I FOR H HOUSEHOLDS 0 USE II 0 L DS with Incomes of which is the Ule latest average fig figure figure figure fig fig- ure reported by Sales Management Management Management Manage Manage- ment the 2 per cent represents a loss of a year in purchasing ing power In local families where earnings earnings earnings earn earn- ings were above or below this Ulis average the losses were proportionately proportionately proportionately pro pro- higher or lower Those with net incomes of were deprived of approximately those with and those with about FOR THE POPULATION of Davis County as a whole the cost of inflation in the past year was an estimated d Fortunately the rise in living costs has been more than balanced balanced balanced bal bal- by higher incomes Thus despite inflation the average working man locally has been able to absorb the rise and improve im improve improve im- im prove his standard of living as well AS A RESULT there has not been too much concern over the r upward trend In the cost of goods Now however the threat of Inflation is more serious PRESENT Washington opinion opinion opinion ion is that If the trend continues contin contin- ues the Administration will call for a tax hike to ease the situation situa situa- tion |