Biden’s economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And yet, it hasn't reverted. The stores have kept the prices high and the manufacturers have implemented "shrinkflation" so we are getting less for our money, and somehow, the right blames Biden.

This is capitalism without guardrails and will only get worse as the right continues to remove those "pesky" regulations that protect consumers and worker safety.

And when certain goods can't be sold at the higher price, they simply disappear altogether.

That is called capitalism.

No. It's called inflation.

No, it's called price gouging.

It's called the law of supply and demand. If a good is scarce and desired, its price goes up. If people are unwilling to pay the higher price, they buy a substitute or do without altogether, and the price comes down to a level people are willing to pay. If enough people desire the good and are willing to pay, other sellers will come into the market to profit from high prices, but eventually the greater supply will bring the price down.

When there are monopolies, there are no substitutes. Then what?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And yet, it hasn't reverted. The stores have kept the prices high and the manufacturers have implemented "shrinkflation" so we are getting less for our money, and somehow, the right blames Biden.

This is capitalism without guardrails and will only get worse as the right continues to remove those "pesky" regulations that protect consumers and worker safety.

And when certain goods can't be sold at the higher price, they simply disappear altogether.

That is called capitalism.

No. It's called inflation.

No, it's called price gouging.

No, it's called inflation.

There's no such thing as gouging. No one is forcing you to buy a product or service. If you don't want something, you're free to move on.

I guess you missed the links above where the price-gouging is clearly identified.

I don't care about the links above. It's another woke opinionated journalist. If you don't want the product, don't purchase it. No one is forcing you to purchase anything.

Gouging is the term democrats use when they F up the economy, inflate the dollar and then need to blame someone else (even though they were warned again and again what would happen if they pushed their idiotic policies).

Yeah, facts don't matter if they come from a "woke" journalist. Just ignore anything that doesn't jibe with your MAGA intuition.

You have no facts. Just your feelings and I don't care about your feelings.

Careful. That’s a pretty arrogant take and voters don’t like their concerns being dismissed so arrogantly. Are you taking voters for granted, maga?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And yet, it hasn't reverted. The stores have kept the prices high and the manufacturers have implemented "shrinkflation" so we are getting less for our money, and somehow, the right blames Biden.

This is capitalism without guardrails and will only get worse as the right continues to remove those "pesky" regulations that protect consumers and worker safety.

And when certain goods can't be sold at the higher price, they simply disappear altogether.

That is called capitalism.

No. It's called inflation.

No, it's called price gouging.

No, it's called inflation.

There's no such thing as gouging. No one is forcing you to buy a product or service. If you don't want something, you're free to move on.

Your post is like Exhibit A in “Wishful Republican Crap-posting.”

[Anonymous]

I don't have money for anything.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And yet, it hasn't reverted. The stores have kept the prices high and the manufacturers have implemented "shrinkflation" so we are getting less for our money, and somehow, the right blames Biden.

This is capitalism without guardrails and will only get worse as the right continues to remove those "pesky" regulations that protect consumers and worker safety.

And when certain goods can't be sold at the higher price, they simply disappear altogether.

That is called capitalism.

No. It's called inflation.

No, it's called price gouging.

No, it's called inflation.

There's no such thing as gouging. No one is forcing you to buy a product or service. If you don't want something, you're free to move on.

I guess you missed the links above where the price-gouging is clearly identified.

I don't care about the links above. It's another woke opinionated journalist. If you don't want the product, don't purchase it. No one is forcing you to purchase anything.

Gouging is the term democrats use when they F up the economy, inflate the dollar and then need to blame someone else (even though they were warned again and again what would happen if they pushed their idiotic policies).

Yeah, facts don't matter if they come from a "woke" journalist. Just ignore anything that doesn't jibe with your MAGA intuition.

You have no facts. Just your feelings and I don't care about your feelings.

Careful. That’s a pretty arrogant take and voters don’t like their concerns being dismissed so arrogantly. Are you taking voters for granted, maga?

Of course they are. Trump's not even trying to get the Haley or DeSantis voters back. It's almost certain he'll lose.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And yet, it hasn't reverted. The stores have kept the prices high and the manufacturers have implemented "shrinkflation" so we are getting less for our money, and somehow, the right blames Biden.

This is capitalism without guardrails and will only get worse as the right continues to remove those "pesky" regulations that protect consumers and worker safety.

And when certain goods can't be sold at the higher price, they simply disappear altogether.

That is called capitalism.

No. It's called inflation.

No, it's called price gouging.

It's called the law of supply and demand. If a good is scarce and desired, its price goes up. If people are unwilling to pay the higher price, they buy a substitute or do without altogether, and the price comes down to a level people are willing to pay. If enough people desire the good and are willing to pay, other sellers will come into the market to profit from high prices, but eventually the greater supply will bring the price down.

Well explain this then: Food prices have gone up by more than 20%. So what happened, did food production become more scarce and decrease by 20% (haven't seen any reports to corroborate this), or did consumption increase and somehow we're suddenly now all eating 20% more food than before (totally bizarre).

Supply and demand doesn't answer it. Or is your "it's all just supply and demand" just a glib smoke-and-mirrors answer?

I say YES, it's a smoke-and-mirrors answer and that's not just my opinion, it's an opinion shared by a lot of other people who've done their homework: https://accountable.us/americans-suffer-food-insecurity-as-top-food-companies-pad-profits/

Corporate food price gouging is in fact happening. Do better.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And yet, it hasn't reverted. The stores have kept the prices high and the manufacturers have implemented "shrinkflation" so we are getting less for our money, and somehow, the right blames Biden.

This is capitalism without guardrails and will only get worse as the right continues to remove those "pesky" regulations that protect consumers and worker safety.

And when certain goods can't be sold at the higher price, they simply disappear altogether.

That is called capitalism.

No. It's called inflation.

No, it's called price gouging.

It's called the law of supply and demand. If a good is scarce and desired, its price goes up. If people are unwilling to pay the higher price, they buy a substitute or do without altogether, and the price comes down to a level people are willing to pay. If enough people desire the good and are willing to pay, other sellers will come into the market to profit from high prices, but eventually the greater supply will bring the price down.

Well explain this then: Food prices have gone up by more than 20%. So what happened, did food production become more scarce and decrease by 20% (haven't seen any reports to corroborate this), or did consumption increase and somehow we're suddenly now all eating 20% more food than before (totally bizarre).

Supply and demand doesn't answer it. Or is your "it's all just supply and demand" just a glib smoke-and-mirrors answer?

I say YES, it's a smoke-and-mirrors answer and that's not just my opinion, it's an opinion shared by a lot of other people who've done their homework: https://accountable.us/americans-suffer-food-insecurity-as-top-food-companies-pad-profits/

Corporate food price gouging is in fact happening. Do better.

You have to factor in inflation as well into supply and demand. Producers need to make above their costs of inputs. When the price of the latter go up due to inflation, producers have to recoup their costs through higher prices.

A company can in effect price gouge, but that is not sustainable. Others come into the market at lower prices and take their business, at which point the company has to lower prices if it wishes to stay in business.

A group of companies can collude on prices, but that is illegal in large part because it distorts supply and demand and efficient price discovery.

[Anonymous]

All good, we print our way out of any issue we have....trickle up economics

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And yet, it hasn't reverted. The stores have kept the prices high and the manufacturers have implemented "shrinkflation" so we are getting less for our money, and somehow, the right blames Biden.

This is capitalism without guardrails and will only get worse as the right continues to remove those "pesky" regulations that protect consumers and worker safety.

And when certain goods can't be sold at the higher price, they simply disappear altogether.

That is called capitalism.

No. It's called inflation.

No, it's called price gouging.

No, it's called inflation.

There's no such thing as gouging. No one is forcing you to buy a product or service. If you don't want something, you're free to move on.

I guess you missed the links above where the price-gouging is clearly identified.

I don't care about the links above. It's another woke opinionated journalist. If you don't want the product, don't purchase it. No one is forcing you to purchase anything.

Gouging is the term democrats use when they F up the economy, inflate the dollar and then need to blame someone else (even though they were warned again and again what would happen if they pushed their idiotic policies).

Yeah, facts don't matter if they come from a "woke" journalist. Just ignore anything that doesn't jibe with your MAGA intuition.

You have no facts. Just your feelings and I don't care about your feelings.

Careful. That’s a pretty arrogant take and voters don’t like their concerns being dismissed so arrogantly. Are you taking voters for granted, maga?

#YouVotedForThis

[Anonymous]

Biden 2024. Will only vote for him. Trump can F off.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And yet, it hasn't reverted. The stores have kept the prices high and the manufacturers have implemented "shrinkflation" so we are getting less for our money, and somehow, the right blames Biden.

This is capitalism without guardrails and will only get worse as the right continues to remove those "pesky" regulations that protect consumers and worker safety.

And when certain goods can't be sold at the higher price, they simply disappear altogether.

That is called capitalism.

No. It's called inflation.

No, it's called price gouging.

It's called the law of supply and demand. If a good is scarce and desired, its price goes up. If people are unwilling to pay the higher price, they buy a substitute or do without altogether, and the price comes down to a level people are willing to pay. If enough people desire the good and are willing to pay, other sellers will come into the market to profit from high prices, but eventually the greater supply will bring the price down.

Well explain this then: Food prices have gone up by more than 20%. So what happened, did food production become more scarce and decrease by 20% (haven't seen any reports to corroborate this), or did consumption increase and somehow we're suddenly now all eating 20% more food than before (totally bizarre).

Supply and demand doesn't answer it. Or is your "it's all just supply and demand" just a glib smoke-and-mirrors answer?

I say YES, it's a smoke-and-mirrors answer and that's not just my opinion, it's an opinion shared by a lot of other people who've done their homework: https://accountable.us/americans-suffer-food-insecurity-as-top-food-companies-pad-profits/

Corporate food price gouging is in fact happening. Do better.

No what happened is the farmers must have the raw inputs to produce the food. Corn, seeds, fertilizer, hay, antibiotics, pesticides, expensive farming equipment, and on and on. Transportation of finished goods has risen also because of fuel and forward contracts coming to an end. Packaging prices have gone up.

Did you think your shitty anti-business policies would just passed into the ether forever? Notice how a Ford F150 truck that was 40K four years ago is suddenly 70K? Then you cheered as the UAW turned the screws on Detroit even more. What do you think happened with Caterpillar, John Deere and International Harvester prices, huh? Oh, now you want to add the levy of battery power? Good luck.

We keep telling you idiot F's that your policies have consequences. People play your game for a while, but then they stop and move overseas and cause demand destruction. It's just like the Soviet Union when Moscow tried to centrally control the economy through command economics.

I have one word for you: starve.

I really don't GAS about your ill-informed political views. You probably think that eggs naturally come in a carton through magic.

Did you notice how all of the farmers and business took PPP loans that were forgiven to specifically avoid this result...and yet they did it anyway?

[Anonymous]

https://www.biden-mart.com/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And yet, it hasn't reverted. The stores have kept the prices high and the manufacturers have implemented "shrinkflation" so we are getting less for our money, and somehow, the right blames Biden.

This is capitalism without guardrails and will only get worse as the right continues to remove those "pesky" regulations that protect consumers and worker safety.

And when certain goods can't be sold at the higher price, they simply disappear altogether.

That is called capitalism.

No. It's called inflation.

No, it's called price gouging.

No, it's called inflation.

There's no such thing as gouging. No one is forcing you to buy a product or service. If you don't want something, you're free to move on.

I guess you missed the links above where the price-gouging is clearly identified.

I don't care about the links above. It's another woke opinionated journalist. If you don't want the product, don't purchase it. No one is forcing you to purchase anything.

Gouging is the term democrats use when they F up the economy, inflate the dollar and then need to blame someone else (even though they were warned again and again what would happen if they pushed their idiotic policies).

Yeah, facts don't matter if they come from a "woke" journalist. Just ignore anything that doesn't jibe with your MAGA intuition.

You have no facts. Just your feelings and I don't care about your feelings.

Careful. That’s a pretty arrogant take and voters don’t like their concerns being dismissed so arrogantly. Are you taking voters for granted, maga?

Of course they are. Trump's not even trying to get the Haley or DeSantis voters back. It's almost certain he'll lose.

Bigly.

[Anonymous]

Anonymous wrote:https://www.biden-mart.com/

Now show a chart of how much corporate profits have increased between now and then.

[Anonymous]

Anonymous wrote:

Anonymous wrote:https://www.biden-mart.com/

Now show a chart of how much corporate profits have increased between now and then.

Here you go!
https://fred.stlouisfed.org/series/CP