Blame Brandon
Bon Appetit should stick to recipes. They clearly do not understand economics. More apologists for the Biden Idiotocracy.
Who cares. No one is forcing one brand or another on anyone.
The Farmers Market prices are usually pretty high too, but occasionally you can find bargains on seasonal items.
Supply & Demand
Do they not realize that the threat of persistent inflation demands that companies try to get out in front of it? If they do not, then any profits will be eaten up by inflation.
I’m no fan of big business, but I do understand economics and supply-demand. Business will charge the price that will maximize profits - what the market will bear. There’s nothing wrong with that. If people want to rail on big business, then go after all the woke crap they do with DIE, HR and the so-called charities they support. Businesses should be in the business of maximizing shareholder wealth, not social change. They could cut all the corporatism-fascism crap to reduce expenses and focus their attentions on delivering quality products and services that benefit their customers. The result will also benefit shareholders.
Every purchase is a reverse valuation: you value the product more than your money, and the seller values your money more than the product. If the product costs more than you value it, you don’t buy it, and the seller decides either to keep the product or offer it at a lower price.
Corollary: my Thanksgiving dinner is not going to cost more than last year’s; there are two items I had last year that cost more this year than I value them, and they will be in the store rather than on my table, and my wallet is no more empty than it was a year ago.
“bread, milk, and eggs”
Add butter and cheese and that’s a big part of my diet.
They have all but bread over doubled in price since Brandon.
Still can get bread for less than a dollar at Aldis and Lidl.
When I was a kid and gas prices starting going, we had a neighbor who was a trucker who told my dad stock up on food because prices are gonna skyrocket.
I stocked up the moment Brandon nixed our energy production.
Blaming COMPANIES that provide goods and services for higher prices is almost as intelligent as blaming gravity for airline crashes.
Nice of them to tell someone else how to run their business.
Bingo. Publix yogurt from .44 to .66
Milk at aldi 2.40
Milk at publix 4.95
They have to. They know what is coming and any good business will adjust their prices for future estimates. Do any of these food producers thing Chomo Joe is going to do anything to help lower the cost of diesel??? Comeon, MAN!
Fast food joints seem to be ripping off big time.
I would consider that the inflation number is what is artificially low.
Gibberish. No one needs to dine out at all, when they can cook cheaply at home. If you want “extra guac” buy an avocado and make your own. Corporations charge what the traffic will bear. It’s called free market economics, and no one is forcing people to buy anything from them.
“. But many people seem to have begrudgingly accepted the price hikes, allowing the companies to continue to make record profits. According to the Times piece, James Quincey, Coca-Cola’s CEO, said ...”
And guess who those pockets full congress-people are.
It is far easier that they think to figure this out. We have all been lied to and the cost of inflation is much higher than what we have been told. If they use flawed Biden data all of their results will be wrong. Check any item you want at the grocery store and see if it matches the OFFICIAL rate of inflation. Then check the price of fuel, or about anything else you want. None of it matches what Biden is telling us. Maybe they need to look harder at the real reason that the cost of dining doesn’t match.