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The profit margin for supermarkets is only 1.6%. Kamala Harris said that's "excessive," and she wants to impose price controls on food. Either she wants to cause food shortages, or she's too dumb to understand Economics 101. Which is it?
Twitter ^ | August 16, 2024 | Daniel Alman from Squirrel Hill @DanielAlmanPGH

Posted on 08/16/2024 9:39:06 AM PDT by grundle

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1 posted on 08/16/2024 9:39:06 AM PDT by grundle
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To: grundle

Both


2 posted on 08/16/2024 9:39:51 AM PDT by V_TWIN (America...so great even the people that hate it refuse to leave!)
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To: grundle
Either she wants to cause food shortages, or she's too dumb to understand #Economics 101. Which is it?

Hopefully we won't have to worry about it.

3 posted on 08/16/2024 9:41:08 AM PDT by 1Old Pro
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To: V_TWIN

Dittos!


4 posted on 08/16/2024 9:41:50 AM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!s)
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To: grundle

Election talking point. Said for effect, not for real.


5 posted on 08/16/2024 9:42:48 AM PDT by buwaya (Strategic imperatives )
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To: grundle

She’s too dumb, and her handlers want to cause a food shortage.


6 posted on 08/16/2024 9:43:30 AM PDT by kosciusko51
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To: grundle

Pander Claus


7 posted on 08/16/2024 9:43:36 AM PDT by AppyPappy (Biden told Al Roker "America is back". Unfortunately, he meant back to the 1970's)
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To: grundle
Either she wants to cause food shortages, or she's too dumb to understand #Economics 101.

Yes.

8 posted on 08/16/2024 9:44:12 AM PDT by Harmless Teddy Bear ( Roses are red, Violets are blue, I love being on the government watch list, along with all of you.)
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To: grundle

She’s not deciding anything of significance—including her campaign policy positions.


9 posted on 08/16/2024 9:44:59 AM PDT by 9YearLurker
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To: grundle

There’s not economics here, or that markups, corporate greed or anything of the like is at fault here. The sole problem is this government of Biden (with Harris’ nonhelp inundating us with illegals) for the past 3.5 years, period.

She has to draw attention away from that and this is the only thing she can do. She won’t bring gas prices back down to $2/gallon, nor milk and eggs back to ‘then’ prices. Not one damn bit of it. Only blame, no real solution because the solutions involve “NOT HER.”


10 posted on 08/16/2024 9:45:11 AM PDT by Gaffer
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To: grundle

Like Biden’s reign and Trump’s assassination attempt, this is malice disguised as incompetence.


11 posted on 08/16/2024 9:45:18 AM PDT by MuttTheHoople ( "Never thot I'd live to see the day when the right wing would become the cool ones"-Johnny Rotten)
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To: grundle

The cause of inflation at the grocery stores is not price gouging but shoplifting and pilfering — due to defunding the Police — so that they have to raise prices for everyone to compensate for those losses, in addition to the vandalism, graffiti, crime, cleanup, etc. that are driving businesses out of the neighborhood. The profit margins for grocery stores are less than 2% — but they have much higher overhead to maintain a store in a high crime neighborhood.

Businesses are not the problem — they are the answer. In the last four years, government and excessive regulation has been the problem — and so we don’t need more of it. Meanwhile, government under the Biden-Harris Administration has done basically nothing — and so the country is falling apart — and just giving away more free money is going to fuel more inflation.

We need to reward the productive — like the Donald Trumps and JD Vances to continue producing better products and services — and not more government drones like Biden-Harris-Walz etc. — who think that things magically appear in unlimited quantities just for the taking — and there should be no incentive to be productive and responsible.

Just unlimited free money. That has always been the cause of inflation.


12 posted on 08/16/2024 9:46:30 AM PDT by MikeHu
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To: grundle

Is she also going to impose price controls on distributors and farmers?

On fertilizer and diesel for their tractors?

A lot of farming costs come from cost of fuel


13 posted on 08/16/2024 9:47:27 AM PDT by SauronOfMordor (Either you will rule. Or you will be ruled. There is no other choice.)
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To: kosciusko51

On every grocery run, I pick up a couple extra more expensive can goods with long expiration dates (salmon, kippers, etc) It’s coming folks, it’s coming.


14 posted on 08/16/2024 9:50:22 AM PDT by mware
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To: grundle

Some things are not a binary choice ...pretty sure the answer to this is the intersection of a Venn diagram.


15 posted on 08/16/2024 9:50:52 AM PDT by Ozymandias Ghost
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To: grundle

You’ll eat nothing and you’ll be happy!!!


16 posted on 08/16/2024 9:52:36 AM PDT by DannyTN
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To: grundle

Grocery profits are way down, they used to run 2.0-2.5%.


17 posted on 08/16/2024 9:52:43 AM PDT by SaxxonWoods (Are you ready for Black Lives MAGA? It's coming.)
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To: grundle

This woman is the living personification of my tag line.


18 posted on 08/16/2024 9:53:49 AM PDT by jmacusa (Liberals. Too stupid to be idiots.)
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To: grundle
Cut out the fuel mandates for truckers...that messed up that industry royally.

Maybe take a look at the fuel mandates for autos.

And last but not least....Stop all the climate related mandates...

19 posted on 08/16/2024 9:54:47 AM PDT by Sacajaweau
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To: grundle

That’s an easy question....easier than naming something she’s had success with...I wonder what it’s like going through life fooling yourself and hoping everyone else is as dumb!!!


20 posted on 08/16/2024 9:55:24 AM PDT by Thank You Rush
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