All hail Presidents Biden and Harris!
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CrystalRaindrops — 1 year ago(August 15, 2024 04:57 AM)
They can't control prices, so I don't know how much they really have to do with lowering inflation. The insane prices were caused mostly by gougers, like supermarket CEOs. (The stimulus checks are usually blamed, but come on, people having an extra $1,000 isn't going to have such an effect on the economy.) There was a phone call years ago where supermarket CEOs were bragging about how much they had raised prices and how they could keep getting away with it.
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WarrenPeace — 1 year ago(August 15, 2024 05:20 AM)
Yeah, if you wanna make money, make something everyone can use.
Food or TP.
That covers both ends!
LOL
Me too.
Gotta go and watch the B and B I recorded.
Good night.
"Please vote to preserve the unique character of Warren…" - Robert Duvall -
CrystalRaindrops — 1 year ago(August 16, 2024 02:54 AM)
Was B&B good?
True about both ends. On a related note, Harris wants to stop grocery gouging (this only mentions her going after food companies, but what about supermarket CEOs? Either way, some people will call her a communist for wanting to stop the gouging):
Within her first 100 days in office, the Democratic presidential candidate will push for the first-ever federal ban on “corporate price gouging” by food companies to prevent them from “unfairly jacking up prices on consumers,” her campaign said Wednesday. Harris also wants to provide the Federal Trade Commission (FTC) and state attorneys general with the authority to impose stiff penalties on corporations that violate such a ban.
Grocery prices increased by roughly 25% between 2019 and 2023, outpacing the rise in consumer goods, according to the U.S. Department of Agriculture. Although prices are still high and steadily growing, the pace of those increases has slowed down.
On Wednesday, the Bureau of Labor Statistics reported that food at home prices increased 1.1% year-over-year in July, marking the ninth straight month of growth below 2%. A key outlier is the price of eggs, which increased 5.5% compared to a month earlier because of low supply caused by bird flu outbreaks, among other factors.
Lina Khan, the FTC’s chair, earlier this month said she would push for a probe into why grocery prices have surged, saying that an inquiry would “shed light” on why prices and profits at grocery chains “remain so high even as costs appear to have come down.” In March, the FTC found that the three biggest grocery chains – Amazon, Kroger, and Walmart – raised food prices and gained a hefty profit due to pandemic-led supply chain snarls.
https://qz.com/kamala-harris-high-grocery-prices-inflation-regulation-1851623022 -
WarrenPeace — 1 year ago(August 17, 2024 03:16 AM)
Was B&B good?
One was interesting where they are smarter space aliens in an alternate universe.
Again, I dunno how much power the president has to do this stuff.
Both will say things just to get votes.
In any case, how rude for those in charge jacking up the prices like that.
"Please vote to preserve the unique character of Warren…" - Robert Duvall -
Yermom_Is_God — 1 year ago(August 16, 2024 07:06 AM)
The insane prices were caused mostly by gougers, like supermarket CEOs
That is 100% false. This is just insane illiterate economics. It is solely due to government printing and spending insane amounts of money. It is not price gouging and it is not greedy corporations, that idea is pure idiocy spewed by big government socialists. We printed twice as much money in two years than has ever existed in the history of the country. That is what caused inflation. More money supply chasing the same or fewer products. It is so frustrating to me seeing people who fully supported the government shut down the economy for 2 years and accuse people like me, who warned of the ramifications of inflation, of being selfish and trying to kill grandma, then turn around and blame private businesses instead of the government. The ****ing government bootlicking is so infuriating to me.
"I am Kamala Harris, my pronouns are she and her, and I am a woman sitting at the table wearing a blue suit." -A fucking idiot -
Gluten Panic — 1 year ago(August 16, 2024 09:11 AM)
Exactly and some libs are acting like it's something to celebrate, but this 2.9% is ON TOP of all the previous inflation that we've been dealing with for the last 3 years. Have your grocery, auto, energy, and everything else prices gone back down to what they were before they started their insane rise?
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Yermom_Is_God — 1 year ago(August 16, 2024 03:50 PM)
Sorry, Crystal, I came in hot. Was drunk when I wrote that out. While I am correct, I didn't mean to be that insulting.
"I am Kamala Harris, my pronouns are she and her, and I am a woman sitting at the table wearing a blue suit." -A fucking idiot -
Yermom_Is_God — 1 year ago(August 16, 2024 03:59 PM)
Lol! No, I like Crystal, I don't like 9 of the 10 people who use your account.
"I am Kamala Harris, my pronouns are she and her, and I am a woman sitting at the table wearing a blue suit." -A fucking idiot
