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[quote=Anonymous][quote=Anonymous][twitter]https://x.com/DanCrenshawTX/status/1824590514013999308[/twitter]

If Kamala’s bizarre economic ramblings make you want to gouge your one remaining eye out, I can’t blame you.

“Price gouging” by farmers and mom-and-pop grocery store owners isn’t to blame for inflation- it is the $1.5 trillion in regs Biden-Harris inflicted on American families.

The grocery industry is intensely competitive and low-margin, so it is nonsensical to think the industry has discovered a magical way to fleece Americans in a way that defies econometric measurement. And Kamala can’t even begin to explain why this fictional “price gouging” trend began under her watch, unaddressed until now.

Biden-Harris made housing, groceries, energy, and appliances more expensive, and now they want to distract you from their record.

https://washingtonpost.com/opinions/2024/08/15/kamala-harris-price-gouging-groceries/[/quote]

Profits are up.  Good for shareholders; bad for consumers.

https://www.vox.com/money/23641875/food-grocery-inflation-prices-billionaires

[quote]Tyson Foods, the largest meat company in the US, also more than doubled its profits between the first quarter of 2021 and the first quarter of 2022. Packaged foods manufacturer General Mills, which owns a variety of cereal brands as well as food brands like Annie’s, Betty Crocker, Chex, and Bisquick, has raised prices five times since 2021 and indicated another price hike could be coming soon. At the end of last year, its profits were up 97 percent compared to the previous quarter, and up 16 percent annually. Conagra, which owns packaged food brands like Healthy Choice, Duncan Hines, and Reddi-wip, noted a 22 percent profit increase in its last quarterly earnings report. Grocery giant Walmart — the largest US corporation, bar none — has seen its profits grow for the past several years, with a 7 percent jump between 2020 and 2021. [/quote][/quote]

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