Runaway Food Prices Driving Some Americans to Dollar Stores for Groceries

[Althea]

Wal-Mart is cheaper with a better selection.

In many cases, yes. There are no Dollar stores anymore. During Covid, they increased profits 25% by now charging $1.25 instead of $1.00.

I don't buy food at any Waltons owned company, but I do find that some items are cheaper at Walmart than at out Dollar Tree stores.

 

[Althea]

It doesn't, but Joke is in good part responsible for ruining the economy. Between his war on oil, his runaway regulatory push, and all the Greentard stuff he's doing, he is taking a wrecking ball to the US economy.

LMAO.

When corporations spent the last 50 years increasing profits by manufacturing in China, they never dreamed that a shut down of the nation would totally destroy the supply chain.

Inflation is a direct result of shortages coupled with record profits by companies taking advantage of same.

 

[Walt]

Runaway Food Prices

Words have meanings. Runaway means running out of control. So it would have to be constantly increasing. Recently food prices are coming down, which is not runaway.

You could have posted "High Food Prices", and been completely honest. It would have been mentioning a real problem, in an honest way. But that also accepts that it is not a runaway problem, and you cannot deal with that.

So you posted a lie.

 

[T. A. Gardner]

LMAO.

When corporations spent the last 50 years increasing profits by manufacturing in China, they never dreamed that a shut down of the nation would totally destroy the supply chain.

Inflation is a direct result of shortages coupled with record profits by companies taking advantage of same.

Bullshit. The number one driver of inflation is the dumping of huge amounts of new money into the economic system with nothing backing it. Yes, Trump is guilty of this too. Biden only threw gasoline on a fire. Inflation is not driven by corporate profits. The cost of goods and services might be driven up by that, but that in turn means they likely will sell fewer of their product or service due to higher costs.

On the other hand, government is the primary driver of inflation. Government sets monetary policy. If the government prints more and more money with nothing to back it, inflation occurs. If the government sets bad economic policy and drives the size of the economy down, then inflation occurs. Corporations only react to these causes, they don't create them. If a corporation decides to move to China, Mexico, Indonesia, or elsewhere because government policy in the US is making it uneconomical to make whatever they make there, they do it.
It is much rarer that a corporation simply decides to move overseas or out of the country as that move isn't exactly cheap.

Instead, if the government comes in and slaps tens of millions in new regulations a corporation has to meet, slaps more laws on them about wages and benefits they must pay, that sort of thing, those become major incentives to get the hell out of wherever they are and go elsewhere.

 

[Althea]

Bullshit. The number one driver of inflation is the dumping of huge amounts of new money into the economic system with nothing backing it. Yes, Trump is guilty of this too. Biden only threw gasoline on a fire. Inflation is not driven by corporate profits. The cost of goods and services might be driven up by that, but that in turn means they likely will sell fewer of their product or service due to higher costs.

This is as far as I got. You're a little backward here. Sure...the middle class got crumbs, and Wall St. got billions from the Feds. during Covid. Share prices/dividends rose. Still, corporate profits are at all time highs. People spent their stimulus checks on junk from Amazon. Same for the extended UI checks. That affected the supply chain, as cheap Chinese garbage stopped flowing to the U.S..

Add to that the doubling/tripling of rates for shipping containers, coupled with logjams at the ports, and you have a perfect scenario for artificial shortages of supply.

Inflation began with the trump import taxes on the middle class. It just got worse over time.

 

[ptif219]

I voted for him because that's what my party decided to nominate.
As for believing his lies, I swear to have never once had a conversation with him
except for a brief encounter in 1987
when I got to meet most of the speakers at our union's national convention.

So you are a no information democrat that looks for the D it does not matter who it is. Glad I am an independent

 

[ptif219]

Words have meanings. Runaway means running out of control. So it would have to be constantly increasing. Recently food prices are coming down, which is not runaway.

You could have posted "High Food Prices", and been completely honest. It would have been mentioning a real problem, in an honest way. But that also accepts that it is not a runaway problem, and you cannot deal with that.

So you posted a lie.

I have not seen food prices coming down. Must be you are spewing Biden lies again

 

[Hawkeye10]

I have not seen food prices coming down. Must be you are spewing Biden lies again

And you wont....and supplies will likely get worse.....probably by a lot.

The people who run this planet dont give a fuck about us.

SEE COVID

 

[Into the Night]

Once again we see how Biden and democrats lie about the economy and inflation. People have to buy food at Dollar General because they feel it is cheaper and their money does not go as far as it used to


https://www.theepochtimes.com/runaw...utm_source=partner&utm_campaign=BonginoReport

Economic depression...caused by Democrats.

 

[Into the Night]

Words have meanings. Runaway means running out of control. So it would have to be constantly increasing. Recently food prices are coming down, which is not runaway.

You could have posted "High Food Prices", and been completely honest. It would have been mentioning a real problem, in an honest way. But that also accepts that it is not a runaway problem, and you cannot deal with that.

So you posted a lie.

Lie.

 

[Into the Night]

Bullshit. The number one driver of inflation is the dumping of huge amounts of new money into the economic system with nothing backing it. Yes, Trump is guilty of this too. Biden only threw gasoline on a fire. Inflation is not driven by corporate profits. The cost of goods and services might be driven up by that, but that in turn means they likely will sell fewer of their product or service due to higher costs.

On the other hand, government is the primary driver of inflation. Government sets monetary policy. If the government prints more and more money with nothing to back it, inflation occurs. If the government sets bad economic policy and drives the size of the economy down, then inflation occurs. Corporations only react to these causes, they don't create them. If a corporation decides to move to China, Mexico, Indonesia, or elsewhere because government policy in the US is making it uneconomical to make whatever they make there, they do it.
It is much rarer that a corporation simply decides to move overseas or out of the country as that move isn't exactly cheap.

Instead, if the government comes in and slaps tens of millions in new regulations a corporation has to meet, slaps more laws on them about wages and benefits they must pay, that sort of thing, those become major incentives to get the hell out of wherever they are and go elsewhere.

This is all because the Federal Reserve exists. Fiat money is unconstitutional.

 

[Into the Night]

Where does the Constitution say the President is responsible for running the economy?

It doesn't. That's the problem. Biden is trying to run the economy, like Democrats like to do.

And he sucks at it.

 

[Into the Night]

Did you ever consider the outright greed of American companies, who have raised the prices of their products far more than the rate of inflation? All in the name of profits.

Lie. The rate of inflation Is the raising of prices.
Any business that doesn't make a profit isn't going to be in business long.

Obviously, the concept of capitalism is completely foreign to you.

 

[Into the Night]

The collapse of Americas standard of living has only just begun.

No, it's been going on quite awhile. It has lately taken a much more rapid pace, however.

 

[Into the Night]

No, I do not understand why the President is responsible for the private economy.

RQAA. He already answered your question. Stop asking the same question mindlessly.

 

[Into the Night]

You are correct the recession will get much worse

We are in an economic depression. It started with DEMOCRATS shutting down businesses as 'non-essential' and severely restricting others.

 

[Into the Night]

It will almost certainly be a depression,

Already there.

but even more importantly as the globe turns against us for spreading death and destruction in Ukraine (and for our now long record of spreading death and destruction) the Empire is having great success in destroying the dollar (with a lot of help from our ignorant and reckless leaders). When they succeed American is a desperately poor nation for as far as the eye can see.

We didn't start the war with Ukraine. Putin did.
Biden has done much to poison the dollar with foreign investors.

 

[Into the Night]

No one said growing, sweetie, just unbridled greed on the part of American corporations

Fiction. All business must deal with competition. No business can just arbitrarily raise their prices. The will be undercut by another business.

 

[Into the Night]

Walmart has gone down hill and become useless

I disagree. They still have a lot of good products at good prices.

 

[Into the Night]

It is getting harder for many

That it is. Quite a few companies have had to lay off thousands of employees, including Micrtosoft, Google, and Amazon.
Others can't get enough people to work for them. They'd rather stay on welfare.

Inflation is rampant. The government is STILL trying to print it's way of it's predicament.