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...how about some government cheese. Ahh the good old days. Carter 2.0
Odd how so many grocery stores seem to be “price gouging” themselves out of business..
Must be that excessive profits lead to store closures and a chain’s bankruptcy?
“price gouging”
All those years of arguing about economics got us nothing.
Buying votes again, Joe?
Grocery is the most competition sensitive business around. The net profit margin is usually around 1%. So price gouging is probably nonexistent.
The low price at e.g. Aldi is usually because of low food quality, so if he succeeds in point 2, we will be having pretty bad food to eat!
And giving away free food, that’s really bad option!
Marxists believe the capitalist exploiters of laborers gouge with higher prices and thus steal from the downtrodden workers.
All the companies are supposedly to blame.
The fools who try to benefit from being woke corporation CEOs are stupidly thinking the Marxists will reward them.
Now they get blamed for the higher cost of their doing business and coping with supply chain problems, climate change regulations and increasing costs of all raw materials and gas to send merchandise and food by truck or train or plane. Stores are supposed to swallow losses and not raise any prices but stay in business. Notice all the restaurant chains closing hundreds of places in nearly every city and town? They can’t work as informal charities.
Lenin would be proud of the Dems.
I worked for a grocery store chain early in my IT career. Our profit margin was 1.5 to 2 percent. Grocery stores are not ‘price gouging’ anybody Joey. I think YOU have been ever since you took office.
She bought, milk, eggs, chicken legs, two cans each of tomatoes, corn and green beans, bag of lentils, potatoes, onions, carrots, celery, apples, loaf of bread, jar of peanut butter, a bag of rice and a box of tea. It was over fifty dollars.
Everything was store brand, nothing was premade.
The only way to battle the Biden inflation, is to go back in history and block Biden from running for president back then. Since that’s impossibl3e to go back in time, the Bid4en inflation will remain at around 30% for the items that people use in their daily lives
Or, we can take everything that all democrats own, including properties and bank accounts and automobiles, etc, and then redistribute the value of those things, amongst the non-democrat population. Since it’s Biden and democrats who brought us the inflated prices, they should be the ones to pay for the damage they caused.
Old Janet Yellen said there was no problem as long as there were no price increases on her psychedelic mushrooms
Hate to give him any cover, but I do believe there’s price gouging. Grocery prices in Oklahoma are much higher than other areas, and one particular company (Homeland) owns most of the grocery stores here. I wish the FTC would break them up. Even Aldi prices are high, here.
The cost of food is related to energy...to convert the food,package the food,transport the food. Cheaper energy means cheaper food.
Second, stop government meddling in our energy industry and curtail over regulation in general. These two things, government showering borrowed, unearned dollars onto people, and government over regulation, are solely responsible for out of control inflation.
How about things that will work:
Stop turning our food into auto fuel by ending mandatory ethanol.
Stop subsidizing the conversion of farmland into solar energy tracts.
Stop paying farmers not to plant crops.
Stop the war on cows, eggs, and meat.
Stop slandering safe, inxpensive GMO crops as unsafe.
Stop allowing fussy eaters or people with special or imaginary diet needs to jack-up the cost of what the rest of us eat.
It’s his Whip Inflation Now plan.
“It’s the government policies that have spent excessive amounts of money”
No, it’s goosing the money supply five trillion because COVID.
1. Shut down the economy.
2. Pay people to stay home.
3. Print $5 trillion to pay the people to stay home without producing anything.
4. Et Voila! Inflation!
Suing the grocery chains into oblivion will rapidly bring prices down.