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Economy
Biden takes aim at grocery stores for 'ripping people off' amid continued high prices: 'Played for suckers'
2024-02-02
"They're making people pay for water!
[FoxNews] President Joe Biden took aim at grocery stores, blaming them for "ripping people off" with high pricing amid the continued inflation blame game.

President Biden's remarks came during a speech at the South Carolina’s First in the Nation Dinner in Columbia, South Carolina.

"Inflation is coming down. It’s now lower in America than any other major economy in the world," Biden said. "The cost of eggs, milk, chicken, gas, and so many other essential items have come down."

"But for all we’ve done to bring prices down, there are still too many corporations in America ripping people off: price gouging, junk fees, greedflation, shrinkflation," the president continued.
Posted by:Skidmark

#14  It's kulaks and wreckers all the way down. Is it just me or are we recreating the Soviet Union? I swear I'e seen this movie before.
Posted by: SteveS   2024-02-02 23:27  

#13  Smash the Counter-Piggly Wigglies!
Posted by: swksvolFF   2024-02-02 21:28  

#12  Beware the machinations of the Ag Grocery Industrial Complex - Joe Biden.
Posted by: Super Hose   2024-02-02 16:28  

#11  
Instead of vilifying the Super markets.

How about addressing the product Producers & The Biden Regime economy controller ?

Remember the sudden shortages with no products on the shelf or heavily discounted for quick sell to avoid new and old product comparisons?

Which then suddenly return to the shelves with NEW packaging sizes, shapes, different filler amounts and the ingredients mixtures changed and now more expensive.

All while we read of Chicken plants, Pork/Beef issues and food plants burning up or sending the products to RED CHINA instead of to our stores. Plus the media telling us how factories were facing manpower issues and could produce needed basic items.

Add to this calls for $15 min wage, and NEW FED restrictions on oil, FUEL and transportation, by the
Biden Regimes controllers.


Question:
How long does it take to redesign, change item ingredients and container sizes and then then line up new suppliers and delivery and packaging for a nation wide NEW IMPROVED product roll out involving packages of 500k to a million to be on the shelves in 20,000+ supermarkets in just the USA?

Surely the vendor planning, new packaging, and shipping for a NEW AND IMPROVED Item nationwide roll-out would take months. Or longer if all the issues we were told by the media existed.

So was Covid-19 pandemic the cause of the 21% to 56% price increases, or was it a planned for situation, or conveniently used situation to increase R.O.I.?
Posted by: NN2N1   2024-02-02 14:54  

#10  But howdy average price of ketchup drops $0.05 and they run around slapping each others' asses like they just ran a kickoff for a touchdown.

Inflation coming down, means there is still inflation. I'm not sure the sizes of products can get much smaller. Shit, even the density of a Sweet Tart has been affected.

And yes, we need a year moratorium on warning labels.
Posted by: swksvolFF   2024-02-02 12:57  

#9  
Posted by: badanov   2024-02-02 11:59  

#8  ^ Yes, its been around 2 percent for the last 50 years.
Posted by: Crusader   2024-02-02 09:48  

#7  1%-3% profit margin per MarketPlace.org.
Posted by: Angealing B. Hayes4677   2024-02-02 08:45  

#6  After Soviet collectivisation, food became scarce. So they started looking for saboteurs. Because, if empirical results don't agree with the Party approved theory, there must be malicious interference.
Posted by: Grom the Reflective   2024-02-02 08:27  

#5  Price gouging? Ask Apple.
Posted by: Procopius2k   2024-02-02 08:19  

#4  Gee, before it was due to the "Putin Tax".
Posted by: DooDahMan   2024-02-02 07:02  

#3  Grocery chains have one of the lowest profit margins. This fool is gaslighting us when he hasn't bought groceries himself in decades
Posted by: Frank G   2024-02-02 06:59  

#2  Strange isn't it, with Biden, it's always someone else's fault.
Posted by: Besoeker   2024-02-02 05:45  

#1  American beef industry hits record low, according to USDA
Posted by: Skidmark   2024-02-02 05:11  

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