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So let's take a look at the profit margins of one grocery chain, Kroger, that Kamala claims is 'price gauging'
American Thinker ^ | 08/17/24 | Jack Hellner

Posted on 08/17/2024 7:37:02 AM PDT by SeekAndFind

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To: SeekAndFind

BTTT


21 posted on 08/17/2024 8:54:04 AM PDT by nopardons
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To: bigred44

I just got out of the hospital after a 3 week stay. The bill was $156 000 for just the room. That did include several hours in the emergency room and 2-3 days in intensive care.

But they saved my life and I’ll happily pay it.


22 posted on 08/17/2024 8:58:39 AM PDT by Newtoidaho (All I ask of living is to have no chains on me.)
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To: SeekAndFind

In most places the government makes more off the sale due to sales tax vs the profit margins of the company. In addition the multitude of regulations again costs the consumer more than the profit margin.

The single biggest cost driver for almost every product is the Government.


23 posted on 08/17/2024 9:05:07 AM PDT by wgmalabama (Censored!)
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To: SeekAndFind

I’m not so sure it is grocery store chains she is concerned with. More like the food producers and their mark ups. In any case, she is not qualified in the matter.


24 posted on 08/17/2024 9:09:51 AM PDT by Fester Chugabrew (In a world of parrots and lemmings, be a watchdog.)
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To: SeekAndFind

check the union labor wages used while shipping goods.

remove the union and wages will drop which would effect pricing.


25 posted on 08/17/2024 9:10:48 AM PDT by sten (fighting tyranny never goes out of style)
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To: SeekAndFind

The price of government is taxes. The government is price gouging.


26 posted on 08/17/2024 9:24:44 AM PDT by Brilliant
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To: SeekAndFind

To quote a line from the series “VEEP”, and seeing Harris’s first attempt at controlling inflation by communistic price controls, “It’s like watching a goat operate an ATM machine.”


27 posted on 08/17/2024 9:26:29 AM PDT by SERKIT ("Blazing Saddles" explains it all.......)
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To: SeekAndFind

“grocery stores who are guilty of ‘price gauging’ as she, sic, put it.”

Except she said “price GAGE-ing”. Cannot read a Teleprompter and never learned the lingo of economics. Even if the Teleprompter spelled it incorrectly, someone with a 50 IQ would recognize that and say the correct word.


28 posted on 08/17/2024 9:38:39 AM PDT by MayflowerMadam (I'm voting for the convicted felon with the pierced ear. )
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To: ridesthemiles
Let’s do some math. Assume profit margin 2% before taxes and gross margin 20%. Assume 1% more “shrinkage”, which is theft.

That little 1% theft will eat up 40% of the profit (.01x.80)/.02. In fact, all it takes is 2.5% theft to wipe out ALL profit.

At least during the Great Depression people understood work and tried not to take handouts. An overlooked side effect of Keynesian debt-based economic policy is weakening the moral fiber and social standards of a nation.

29 posted on 08/17/2024 9:59:44 AM PDT by The Truth Will Make You Free ( )
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To: ridesthemiles

Keep in mind that you are under no legal obligation to allow the store to examine your receipt at the door. At that point, the stuff in your basket is your property and they don’t have the right to make you prove it.

As Dionne Warwick sang: Walk on by


30 posted on 08/17/2024 10:16:18 AM PDT by cyclotic (Don’t be part of the problem. Be the entire problem)
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To: SeekAndFind

Those who created Kamala’s policy (not her) are *not* stupid. Creating shortages is on purpose. It is part of the same larger policy as the war on farmers.


31 posted on 08/17/2024 11:45:49 AM PDT by Salman (It's not a slippery slope if it was part of the program all along. )
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To: SeekAndFind

The author left out workers comp insurance. That’s a direct cost paid by the employer on the employees’ salaries, usually from 5% to 25% depending on the job title.


32 posted on 08/17/2024 12:49:47 PM PDT by P-Marlowe (Do the math. L+G+B+T+Q = 666)
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To: SeekAndFind

And I thought it was the moneychangers aka The den of vipers at the Federal Reserve diluting our currency


33 posted on 08/17/2024 4:07:34 PM PDT by eyeamok
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To: Free Louie

Ever since Covid Kroger steaks suck. On the other hand, their wild caught Argentinean red shrimp is the best.


34 posted on 08/17/2024 6:37:00 PM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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