Posted on 11/30/2021 11:12:54 AM PST by justlittleoleme
The Federal Trade Commission said Monday that it is investigating the causes behind ongoing supply chain disruptions and how they are "causing serious and ongoing hardships for consumers and harming competition in the U.S. economy."
The FTC said it is ordering Walmart, Amazon, Kroger, other large wholesalers and suppliers including Procter & Gamble Co., Tyson Foods and Kraft Heinz Co. “to turn over information to help study causes of empty shelves and sky-high prices.”
(Excerpt) Read more at finance.yahoo.com ...
Never mind. We get what we asked for.
The Federal Gov was supposed to be funded by only import tariffs.
Then the grifter weasels lied their way into office.
People are evil.
But they are also stupid.
Believe, I doubt many companies are stock piling anything. The incentives for decades were pushing the opposite. When I can’t get cardboard, period, it isn’t because the supplier is hoarding it. It is because he can’t get the raw materials.
Same with paint, steel, chips, anything else. The projections I am seeing internally are not pretty. As in “Buy food now” ugly.
For employment, a large portion of the “workforce” are not going to work until they run out of money. After two years off, many will never work again. For those that are going to work, they can make good money but the tax increases coming with inflation will make that less and less attractive.
Depending on how the tariffs are set up, yes.
Tariffs work. But they also encourage corruption.
Fixed it.
Just send them a picture Joe, nuff said.
“Because, of course, businesses want empty shelves and supply problems. </sarcasm>”
The large conglomerates, Kraft, Unilever, Tyson, Smithfield..., do like the situation. They are laughing all the way to the bank. They can only produce so much, so they limit the assortments, reduce their expenses and raise their price.
Time to break up these monopolies.
The FTC would better spend its time looking at California state regulations and taxes that are causing the supply chain disruptions.
BIDENZUELA.
The pandemic hustle is deflating real fast so Dimrats need another boogie monster Ah yes, inflation = capitalism bad.
Do you hire people?
Wages are the issue.
WITCH HUNT. NEEDS SOMEONE BESIDES BOTTLED UP PORTS, PAID FARMERS NOT TO PLANT, DESTROYED FOOD. NO WORKERS.
They should mail back a mirror.
I'm afraid we're past that stage and going into full communist tyranny (e.g. China, Venezuela, Cuba, etc.)
“The Apparatchiks are going to get right on it. Next up: A 5 Year Plan to Restock the Shelves.”
Exactly. Some little government Faucis pouring over spreadsheets, telling Amazon how to improve their supply chains.
HA!!!
I just threw away the second container of Walmart’s Great Value Fat-Free Half & Half, because it went bad. Both had use by dates of 12/28/21. I’ve bought this brand for years without it ever spoiling in my fridge. I only take it out of the icebox to add it to the two cups of coffee I drink each day, and return it right back to the fridge. My refrigerator is set midway between the lowest and highest temperature. Nothing else has spoiled in it, except the Half & Half. I tried calling Walmart Customer Service, and the call never got beyond telling me to “choose from one of the following options.” Then nothing. I also tried sending an email form from their site, providing all the info on the package, but after the form was completed, it wouldn’t let me send it. I finally called the local store to report the problem. The guy didn’t even want the UPC, or any other identifying markers from the package to help identify if there are any others still in the dairy case. I won’t be buying this brand anymore. With the shipping issues, who knows how long ago this stuff was produced, or where it had been sitting before it was delivered to the store.
Lockdowns, mandates, paying people to stay home and spending like drunken sailors might have something to do with it.
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There’s a quote from R.R. I don’t remember exactly but it was that congress spends tax payer’s money while drunken sailors spend their own money.
Send them a generic suppy and demand graph. If that isn’t enough. Send them a Freshman macro-Economics text and tell them to read it.
Next step would be to tell the to get a warrant, which grocery companies could easily get quashed, and tell the FTC go FO and die.
That section is overly broad and unconstitutional.
Maybe the FTA should study why gas prices have risen to historical highs. That should take two minutes.
They use the same section to study “big info tech.”
The questionairres to retailers, suppliers, and wholesalers are something else. 45 days to respond.
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