Today ABC reported that the World Bank thinks food prices are at "dangerous levels." The article...

yeah, this one

... went on to give examples of the distress Americans can expect at the cost of meat and cereals, as well as cotton products. Gasoline prices we already know about.

Now ABC's target audience is in the United States, and one of the things I remember from my high school and college newspaper clubs is the admonition to relate everything to the reader. It makes sense that they'd apply the World Bank's statement to American consumers.

Unless you live in Bangladesh. Or Somalia. Or any of a number of places where a marginal increase in consumer prices will mean death. Yes, things cost too much in American, and the idea of a minimum wage increase or a raise for Social Security recipients is likely to be anathema. But we're not the ones for whom these levels are "dangerous."

Not yet.