Posted on 10/06/2023 12:39:12 PM PDT by mikelets456
CBS reports “ Popular drugs used to suppress appetites such as Ozempic and Wegovy might be causing an economic impact at some large retailers who say that people are buying less food at the grocery store, impacting their bottom line.”
Video at link
(Excerpt) Read more at twitter.com ...
Less money not less fat..............
Exactly. The whole country is not on ozempic...they just can’t afford to shop, thanks to “Bidenomics.”
2 reasons:
1. Inflated prices
2. People have less money to spend after paying for gas, electric, etc.
When they get food stamps you can tell distribution day. The grocery carts full of hundreds of dollars of beef as you take your pound for the evening meal to the register.
“hamburger ground round which always was a staple of meals in the last recession hit $5”
Ground round is like $10/lb. at my local market.
All the big food/beverage stocks have been tanking lately. I suspect that it has far less to do with diet drugs than with high input/delivery costs (commodities plus oil) and an inflation-squeezed consumer cutting back. Unlike relatively fixed costs like rent/mortgage, cell phone bill, car payments, etc., spending at the grocery store is an area where the typical consumer has the ability to quickly modify and curtail his spending. Everyone has to eat, but you can skip the big bag of Cheetos or the Oscar Mayer bacon and buy something cheaper like a sack of potatoes or a box of the store-brand mac & cheese.
Yes, just when you thought their stupidity had reached the non plus ultra.
Intelligence has an upper limit. Stupidity is boundless.
The Walmart guys say it’s there own Ozempic customers who are now buying less food. Seems like that crowd of geniuses could just buy less food-—maybe drop a few pounds, save the drug money for lottery tickets?
I saw what you did there...LOL!!!!
The stupid propagandists will not admit people are having trouble affording food.
What was a $100 basket of food is not a $200 to $250 basket of food.
‘News’ stories for double-digits IQ women...
Yep. If this keeps going, millenials and Gen Z’ers might actually learn to cook!
A couple months ago I made two trays of giant peanut butter cups because I didn’t want to pay the inflated candy prices. I’m probably going to start making my own ice cream too.
Agree.
this is the stupidiest premise I’ve ever heard...maybe the downturn in people buying chips and pretzels is because of inflation and they can’t afford it...
watched recent episode of that show with the morbidly obese people coming to the doc to have bypass surgery....
they had to loose s0 much weight by themselves before he would consider the surgery....
well this one guy got on low carb and over several months lost a couple hundred pounds and decided not to have the surgery since he's has figured out what to do....
Yeah, and that must be leading to less pooping too, because the price of toilet paper has finally started to drop some.
Ice cream is tough to make for less than what you can buy it for unless you are or know a dairy farmer.
Maybe because some people stocked up way too much a few years ago and now not needing to buy so much?
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