Posted on 12/21/2021 6:44:25 AM PST by ChicagoConservative27
Sen. Elizabeth Warren (D-Mass.) said in a letter to leadership at Kroger, Albertson's and Publix that the grocery store chains are profiting off of struggling American families during the pandemic.
"While many Americans faced the loss of jobs, homes, and loved ones during the COVID-19 pandemic, grocery companies like yours saw immense gains through record sales and profits," Warren wrote.
"Your company, and the other major grocers who reaped the benefits of a turbulent 2020, appear to be passing costs onto consumers to preserve your pandemic gains, and even taking advantage of inflation to add greater burdens," she said.
(Excerpt) Read more at thehill.com ...
This woman needs to take a course in basic economics.
This shtick may have worked in the past.
lol
socialism ALWAYS leads to price controls, and then to communism!
Communists are so predictable. They follow the exact same playbook every time. And it works because people are ignorant, uneducated, and greedy. Did I leave out stupid?
Political sleight of hand.
These people have no idea how an economy is run.................
This woman is stupid.
Thus sayeth the ditzy b**** who doesn’t know a supply chain from a choke chain . . .
So she’s basically saying “you made a ton of money in 2020, so you should now be willing to lose money in 2021”?
Most states have anti-price gouging laws, so stores only made profits because people stampeded into stores and cleared out the shelves of inventory.
Stores had to restock at higher wholesale prices, so it is not reasonable to expect them to sell at a loss.
“passing costs onto consumers”
It’s necessary when profit margins in the business are about 1%.
Ask her how much the federal government charged us in taxes this year and did she support the increased.
I bet people spend a LOT more in taxes then they do on food.
She doesn’t realize businesses, unlike gubmint, HAVE to make money.
No it’s wages. It’s because the check out gal makes $15/hr now instead of $12/hr. Those evil little people.....
Just stick to convalescing with your super scary bug, Squaw Liz.
Lizzy here may talk like an idiot, and look like an idiot, but don’t let that fool you: she really is an idiot.
-Groucho Marks
She pretended to be an Indian, now she’s pretending to be an Economist, she was wrong then and she’s wrong now...
Aside from a vagina, there is no there there
It is rumored the vagina is atrophied
but then people like Elizabeth. Warren will turn around, and lament how those workers getting 15 an hour can’t afford the rent or afford to buy a house on minimum wage.
Sen Warren wishes to return to the days of blaming the Kulaks and the Wreckers for the problems in the economy. Perhaps she wishes to bring back the mass executions and gulags as well.
A lowly college “perfeser” attempting to be a U.S. Senator. Ridiculous.
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