Democrat Joe Biden is a complete disaster for Americans
Posted on 02/22/2024 8:33:57 PM PST by SeekAndFind
Eating costs more in Biden's America. The last time this much of your income went to buying groceries was 30 years ago.
Inflation may be ebbing but food costs are not. Don't look for relief any time soon. Restaurants and food companies are dealing with rising labor costs and the rising costs of some ingredients, like cocoa
Prices at restaurants were up 5.1% last month compared to January 2023. Grocery costs increased 1.2% during the same timeframe. The sad fact is that once food items go up in price, they don't come back down. Shoppers have to adjust to the price increase.
“If you look historically after periods of inflation, there’s really no period you could point to where [food] prices go back down,” said Steve Cahillane, chief executive of snack giant Kellanova, in an interview. “They tend to be sticky.”
To adjust to higher costs, people go out to eat less frequently or they skip appetizers. Store brands are purchased instead of name brands at the supermarket. The use of apps to find deals and promotions is popular.
This is affecting sales at restaurants and other food makers. If people aren't able to go to restaurants, that means employees experience a loss of hours and layoffs. The owners can't afford the overhead if sales are down.
Your wallet is feeling the pinch, as it did in 1991.
In 1991, U.S. consumers spent 11.4% of their disposable personal income on food, according to data from the U.S. Agriculture Department. At the time, households were still dealing with steep food-price increases following an inflationary period during the 1970s.
More than three decades later, food spending has reattained that level, USDA data shows. In 2022, consumers spent 11.3% of their disposable income on food, according to the most recent USDA data available.
Food companies are feeling the price increases. Some commodities like corn, wheat, coffee beans, and chicken have decreased, while others like sugar, beef, and french fries are still rising.
President Biden filmed a video to be posted during Super Bowl Sunday. It was all about rising prices on snack food items. He learned a new word - shrinkflation - and called it a rip-off. It is but the reason there is less quantity of a product in a bag or carton and the price is the same is because it is an adjustment made because of inflation. Bidenflation. Joe Biden raised the inflation rate to a high not seen in decades. Now he wants credit for inflation ebbing. You can't make this stuff up.
While you were Super Bowl shopping, did you notice smaller-than-usual products where the price stays the same?
Folks are calling it Shrinkflation and it means companies are giving you less for every dollar you spend.
I’m calling on the big consumer brands to put a stop to it. pic.twitter.com/wL1NsEh78F— President Biden (@POTUS) February 11, 2024
President Dementia wants to blame companies for adjusting to Bidenflation. The president is anti-business and thinks grocery stores fix prices. It was the same with gas stations when he noticed the price of a gallon of gas. Joe Biden is clueless about how businesses work. His lifetime in elected office leaves him unable to understand the basics of real life.
Is it a coincidence that the American economy was booming under the supervision of a non-politician businessman during the previous administration? Who do you trust to heal the economy for American families - Joe Biden or Donald Trump? Trump's record sure looks better than Biden's at this point. Pre-COVID-19, most Americans were doing pretty good. Now there are 60% of Americans who live paycheck to paycheck while the administration gaslights voters about how wonderfully Bidenomics is doing.
The CEO of the Consumer Brands Association said food manufacturers will work with Biden. And a suburban woman noted the changes her family is making due to high food costs.
David Chavern, CEO of the Consumer Brands Association, which represents major food manufacturers, said the industry offers many choices at different price points. “We hope to work with the president on real solutions that benefit consumers,” he said.
In suburban Chicago, Lisa Wister said her food bills are rising faster than her family’s income, leading them to make their own granola from scratch and pack their own snacks for the movies. “Everything is a negotiation, an analysis about our budget,” said Wister, an occupational therapist. “It’s exhausting.”
Americans are exhausted. Since the pandemic, our lives have been turned upside down. Prices are higher but wages are not. Biden's policies have not provided the breathing room for the families he keeps talking about. No amount of happy talk will change that. A new president in the White House could change things up, though, and our only hope is for a Republican to be elected in November.
I know it’s bad. I was telling guys in their 40’s about 6 for a dollar burgers, crappy but for five bucks my 7 brothers and sisters and family could eat fries, burgers and a malt for 10 bucks easy.
Now you get a burger, fries and a soda at any fast food place you’ll be paying 15 bucks, the cost of a full family meal in the late 60’s.
Closer to this time line, just 2020 to now it appears food prices have doubled and not stopping.
Again, when the title says highest in 30 years I don’t understand. Prices and COLA was rising about the same. Not anymore.
Now you have to make Hamburger Helper, without the Hamburger, just like Cousin Eddie.
Now that I have other people to take care of, it is a lot more stressful.
meat?...we have several freezers with elk and deer and a half beef we bought, plus lots of fruit, chicken, pork, etc...
I also can food as well...
get ahead...and buy a lot when something is on sale...stock up on sales....look for discount items....sometimes I can bag a small bag of tomatoes for a dollar...
And the problem is NOT “too much money chasing too few goods.”
The problem is the cost increases designed and served as a punishment in the name of leftist and liberal agenda.
Re my: the problem is NOT “too much money chasing too few goods.”
Correction: there is too much billionaire money chasing residential real estate.
(Store brands are purchased instead of name brands at the supermarket.)
That’s how I shop, anymore.
I can get 18 eggs 🥚🥚🥚 at Walmart for about $2.20.
I have them refrigerated for about 3 months at a time.
If I can I buy 2X or 3X.
I couldn’t afford food so I just do cocaine now.
True. 30 years ago was not bad.
But I just heard “Biden’s program of giving millions of dollars in forgiven debt has resonated with young people. Polls show Biden is gaining in his lead over Trump.”
Works every time.
Voters: Want my vote? Gimme something and make it good.
50 years, not 30. The 70s were just like this. I was a teen and I remember every trip to the store my mother would say “Steak is up AGAIN?”
So yes, I have been through this inflation once before in 1973 to 1982. I don’t remember the 1990s being anything like this though.
Prices for just about EVERYTHING went lower during the GREAT DEPRESSION that started in 1929. So did salaries; people took less, to keep their jobs!
I also thought that 30 year ago number to be absurd. I do not remember inflation remotely tgat bad.
I could get a loaf of bread at Kroger for .69 cents and that was just regular price.
Medical costs and automobile costs are also huge growing segments of the family budget.
There’s a certain phrase that ends with Sherlock that fits here.
Bkmk
For those of you in the American southeast; Harris Teeter has eggs $1.47/dozen this weekend...their ‘egg special’ USED to be 99 cents per dozen.
Ha, I never eat fast food or eat at restaurants 10 times a week.
Food prices don’t scare me none, still on the carb restricted thang, no snacks, sugary glop or white flour poison.
Eggs are $2.49 for 18 extra lg at the commissary, I will survive, on fresh veggies and lean chicken, fish and the occasional steak. Avocados are cheap, 79 cent ea, good plant fat.
Post; funny & comments BUMP!
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