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  • Writer's pictureStrategic Resource Group

Inflation Soars, Stocks Plunge & the Jacobs Institute Starves

Updated: Dec 29, 2022


Burt Flickinger provided an update on out-of-control Inflation & the Stock Market Crash combining to catalyze a Recession as well as the Price of Oreos & Natural Gas & Buffalo’s Jacobs Medical Institute on CATS AT NIGHT with John Catsimatidis, Emmy-Award winning Rita Cosby & former Congressman Pete King on 77WABC TalkRadio. As the late/great Hall Of Fame Coach & friend Richie M. Moran said, “It’s great to be the underdog & stay hungry.”


Yet -- like the Buffalo Bills’ only Championship team leaders, the late/great Daryle Lamonica & Jack Kemp with “Cookie” Gilchrist -- the outstanding Buffalo combination of Dr. Adnan Siddiqui & Dr. L. Nick Hopkins of the Jacobs Medical Institute for world-renowned Neuro & Vascular Surgery & Engineering Innovation & Invention (“The JI”), and a great job-growth engine, are starving for funding to create exponential gains in Medical & Health & Economic development.


Governor Hochul should not be over-funding the Bills' owners, Terry & Kim Pagula, with nearly $1 Billion of which they don't need the entire amount because they've made $10+ Billion Gainsin Natural Gas in 22 months (Natural Gas increased 433% from 1.62 a unit 22 months ago to 7.01 a unit). She should instead be fully funding the Jacobs Medical Institute for $10 million/year in the East-side Medical Corridor in her home district of downtown Buffalo, NY, which has been starving for 70+ years. (This represents about 1.1% of what NYState gov’t. is giving the Buffalo Bills’ for a new Stadium).


Meanwhile: Egg prices are up 70% and Grains to Soybean Oil +50-100% crop year to crop year. Food inflation will increase 5-6% over the next 60 days and 15-20% by year's end. Overall, “fully-loaded” Inflation isn't going to be 8.5%; it's going to be 18 percent going on 28%, catalyzing the worst Recession we've had in nearly 70 years.


 

Strategic Resource Group is the lead retail and brand CPG consulting firm throughout the United States and the globe. With more than three decades of experience, our team strategically collaborates with top retail chains, wholesalers, suppliers, and investment firms. Our retail industry experts are highly skilled at illuminating retail trends, identifying opportunities to increase consumption, and growing retail sales.


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