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Political Discussion
Reply to "Biden's SOTU"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] Did he mention that fast food is now a luxury? It’s really a big change.[/quote] It's not. If you get the apps, they have plenty of offers. Just got 4 breakfast sandwiches for 7 bucks. Also, if you are unhappy with prices, maybe check out the record profits all companies are touting and figure it out from there. [/quote] +1 You can see the record profits here: https://fred.stlouisfed.org/series/CP[/quote] Yeah - there's definitely an element of greed out there. People want to say "inflation is driven by supply and demand and demand is high" - really? So food prices are 20% higher because food demand is 20% higher? What, did everyone suddenly start eating 20% more food? That makes no sense. But the fact that companies are reaping 20% more in profits has nothing at all to do with it? Come on, man - this is "pee on my leg and tell me it's raining" territory.[/quote]
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