Y is every thing goin' up?

Question

Y is gas prices, food prices, and everything else going up? Y do the charge more taxes. Gas used to b like $1!!Cuz soon gas is going to go up 2 $5. And food goes up EVERY single week!! Wats up wit dat?? And plzgive me serious answers

Answer 1

It goes up because we are running out of coal and oils(fossil fuels) so they are worth more. and are money is becoming less valuable, a quarter from along time ago was made with silver so now an old quarter would be worth 2 dollars, now our quarter is made of a little silver but more copper so its only worth 25cents so its our money is becoming les valuable and we are running out of fossil fuels so gas is becoming more valuable. hope this was useful

Answer 2

The main driver is the price of crude oil. It has gone up dramatically for 2 reasons:

1. OPEC, which is a cartel intended to drive up profits of oil producing countries, has finally gotten their act together.

2. Increasing demand from China, India, and other rapidly developing nations, has made it easy for OPEC to charge higher prices.

Get used to it. The USA is no longer "in charge".

Answer 3

there is a higher demand for everything

Answer 4

I think it has something to do with the war in Iraq. Wow gas is $5 where you live,it's still only $3 down south

Answer 5

I live in arizona and I pay $5 for gas. I don't know why you're complaining.

Answer 6

its mest up i spend like $4 on a bag of F****** M&M's in new York it sucks!!!!!

Answer 7

Everything always goes up. That is a fact of life. My dad stopped buying soda when it went up from $0.05 a bottle.

Answer 8

Gas prices going up cause everything else to rise. Because of increasing demand, not enough supply, and prices chosen by OPEC, oil prices continue to go up. That makes gas go up. Since everything in stores is shipped there, and plastic is made with oil, those prices go up too. Furthermore, our economy is in a recession thanks to the cost of the war (billions each month), gas prices, and the housing market flopping, so companies must raise prices to keep afloat, and the US dollar is worth less.

Taxes haven't been increases nationally, to the best of my knowledge. States have raised sales taxes and others to try and make sure their government can keep providing the programs it does. The national government is already is debt, but it seems to feel that raising its income through taxes (that is the purpose of taxes, atfer all, to give the government money) could cause people to spend less, and thus drive the recession on.

It's quite a mess.