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Food, Cooking, and Restaurants
Reply to "When in the hell did a 2 liter bottle of soda start costing $3.00+ each?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Bidenomics + high cost of DMV living, OP.[/quote] No. Manufacturers began gauging us with high prices during Covid, ostensibly caused by shortages,and they have been rising ever since. Trump was president them and as much as I loathe trump, there is nothing a president can do about rising prices on a free market. [/quote] I was listening to a podcast the other day that pointed out that one of the reasons we are where we are on food prices is because we aren’t actually in a free market. Most of the food production categories and grocery stores are run by a very small handful of corporations who keep buying each other out. The government — either side, although the Rs are more strident and vocal — really don’t want to enforce anti-monopoly laws because ‘it’s anti-business’’. The D’s will try to put a few brakes on when it’s truly egregious (eg, Ticketmaster). Some of the big chains realize they’ve gone too far and are starting to cut prices. They will whine about increased costs or higher minimum wages, but they’re still making record profits that our tax code does not require to be put back into the business or the community to be given tax breaks. Once the ruling came down that the corporations have a duty to protect the shareholders, where we are was kind of inevitable. They took the short term supply chain disruptions that happened during Covid and ran with them and haven’t looked back. And there’s no legion of competing corporations to push the prices back down.[/quote]
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