Posted on 05/13/2023 6:42:03 AM PDT by CFW
The CEO of New York City grocery store chain Gristedes is sounding the alarm over all the "dumb things" the government is doing as inflation persists.
When FOX Business host Maria Bartiromo asked John Catsimatidis when Americans will see a break at the supermarket he said: "When the food executives feel confident that Washington is not doing dumb things."
"When they feel that their earningsā¦ are going to survive," he continued.
His comments came on the heels of inflation jumping 0.4% in April as prices remain stubbornly high. The Labor Department said Wednesday that the consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, climbed 4.9% on an annual basis, slightly below the 5% increase forecast by Refinitiv economists.
(Excerpt) Read more at foxbusiness.com ...
Better watch your stores, sir. It might accidentally go up in flames..š¤
Inflation alone is enough to defeat the Zombie -- inflation is insidious, it erodes not just your wages but your investments and especially your retirement!
Biden and his cotiterie of crazed lunatics are hell bent on their
Tmission of killing America with the exception of a very few stalwarts the RINOS stand back like Jr. Democrats and watch it happen.
The goal is so apparent Jo Jo and his band should be arrested!
Can you think of any part of govt doing a great job right now?
Well, a republican controlled congress passed it late in 2016 for Obama to sign, and the Trump admin didn’t really stop it, and Trump appointed Perdue announced it in December of 2018.
“Can you think of any part of govt doing a great job right now?”
Short answer: “No”
Long answer: “Hell no!”
Inflation also makes it easier to pay off the debt. Inflation allows borrowers to pay lenders back with money worth less than when it was originally borrowed. For that reason, the Dems are encouraged to spend more and increase the debt. It becomes fundamentally an addiction.
Your perception is correct. Everything including food and fuel are delivered by diesel trucks. The increased cost of diesel gets passed along. This is especially cruel with groceries because the grocery industry’s profit margin is very thin to start with.
In general, the “grunts” (lower level govt employees) are competent, with the occasional exception. As one goes higher and higher in mgt, culminating in DC, one gets Biden level mgt competence. Been in govt for decades, these days the mgt is so unsupportive of the mission (ones not harming the US), that it is amazing things work at all. I am being polite here.
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