Shrinkflation: exhibit A
Posted on 11/27/2023 2:53:18 PM PST by thegagline
Sell more to make up the margin.
How stupid is this man?
Shrinkflation: exhibit A
How about government lowers all the crap they tax me for by 18% !
18%????
Gas is up over 100%
“Wage and Price controls”
Jimmy Carter is back but far more stupid.
The greatest economy in the world is being run by a complete dolt of a figurehead and pure evil grifters and leftists behind the curtain. It’s shocking that we let this happen on our watch.
Prints all that money and wants sellers to reduce prices. What the hell do you think they paid for the stuff they’re selling? And calls it gouging? Total moron.
I know this, because I work with one of them.
18 percent inflation?!?!?
Try 100% inflation, at least for most of the necessities.
I’d believe the 18% number if they meant that it was DOWN 18% from the peak.
International reality check.
Fresh eggs are a mostly local/regional product. Eggs are a good proxy for food costs in general, very tied to international commodity price input effects - cost of feed.
US price for a dozen eggs in California Safeway (biggest CA chain, personal price report), cheapest - $ 4.99/dozen
Spain price for a dozen eggs in Carrefour (biggest Spanish supermarket/grocery chain, online price) - E 2.09/dozen ($ 2.30)
Philippines, high end supermarket - Rustans in Makati, think US Whole Foods) - P 120/dozen ($ 2.18)
Eggs are daily staples in all three countries.
$4.99 vs 2.30 vs 2.18 - that shows just how far out of whack US consumer prices are.
Ah, price control.
What a brilliant idea.
That should work.
Brings to mind the quote attributed to Einstein about a fool is someone who keeps doing the same thing and expecting different results.
My undergrad college core course requirements included law, economics, history, English, foreign language - and a slew of mandatory STEM courses - for everyone. For those of us stupid enough to want a STEM major, we had those dumped on the core courses. As much as I bitc...er...Hillaried about those course requirements, it gave me a much better grasp on life than what appears to be over 90% of DemocRATs and the media.
Economics IQ of a doorknob.
“How stupid is this man?”
Just as stupid as the people that voted for him.
Cut federal spending by 18%!
We’ve seen this movie too many times.
The government creates inflation and then blames the corporations for raising prices.
Sorry, Joe, ain’t buying your senile accusations.
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