Rising Turkey Prices Gobbling Up Your Money

The price of whole turkey is up 35% from its pre-recession level, thanks to rising feed costs, a drought in Russia, and rising global demand for yummy bird meat.

WSJ's Mark Whitehouse has more:

The case of turkey prices illustrates an important point at a time when the debate over inflation and the Federal Reserve's monetary policy has been heating up: There can be a difference between what matters for the Fed and what any given individual experiences. And because of the way consumers tend to perceive inflation, politicians who complain about it will almost always find plenty of people who agree with them.

Read the full story at WSJ.

Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

What Happened to the Milky Way?

Light pollution has taken away our ability to see the stars. Can we still save the night sky?

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

What Happened to the Milky Way?

Light pollution has taken away our ability to see the stars. Can we still save the night sky?

Video

The Faces of #BlackLivesMatter

Scenes from a recent protest in New York City

Video

Desegregated, Yet Unequal

A short documentary about the legacy of Boston busing

Video

Ruth Bader Ginsburg on Life

The Supreme Court justice talks gender equality and marriage.

Video

Social Media: The Video Game

What if the validation of your peers could "level up" your life?

Video

The Pentagon's $1.5 Trillion Mistake

The F-35 fighter jet was supposed to do everything. Instead, it can barely do anything.

More in Business

Just In