Higher Food Prices

There\’s a very simple solution here you know?

Food prices are accelerating at their fastest rate since records began, fuelling a rise in the average family\’s shopping bill of £750 a year.

A very simple solution indeed.

The CAP costs an average family of four in Europe £16 a week in taxes and higher food prices.

£16 a week is £832 a year.

Thus, abolish CAP and you\’ll cancel out food price inflation. A good reason to do it, no?

6 comments on “Higher Food Prices

  1. You don’t do the shopping do you??

    Food prices have gone up on produce from outside the EU. (e.g. butter went up over 30% for both U.K. and N.Z. brands.)
    Prices are affected by costs of feed / fertilizer, transport; amount of production, demand and, outside the Eurozone, exchange rates.

    If you do away with CAP it will give you a cash bonus for one year. The following year you will still have to cope with your price inflation plus the political consequences of abolishing CAP.

  2. The second year, that saving will disappear into price increases that come as a result of abolishing CAP. Those increases will be adding to your inflation figure.
    (You’ll have to handle it right to get the bonus the first year.)

  3. saving will disappear into price increases that come as a result of abolishing CAP

    Surely abolishing CAP will also abolish the quota system, and with rising prices farmers will be encouraged to produce more. Remember CAP used to pay farmers to produce food, now it increasingly pays them not to.

    political consequences of abolishing CAP

    What, the whinging of the farmers? A small minority of the EU population. Who cares? Plus, what better time to do it than when demand is high and farm prices are rising?

  4. Sam M

    The benefits will be forever, whilst inflation is cumulative. So you win twice. Plus you get to piss off French farmers. Nice

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