Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why are we calling it inflation and not price gouging?
+1
But to answer the question, food.
Food processors have had to raise the price of chicken due to the fact that in many cases their labor costs have doubled.
Chicken processors were paying $10/hour for workers (plus health care, vacation, retirement) in the processing plants less than a 2 hour drive from DCUM the year before Covid struck. The chicken processors are now having to pay starting wages of $18 - $20 per hour to process the chicken that you eat. During Covid the chicken processors competed against the government (unemployment) for workers. They had to raise their hourly wages to compete against the double unemployment that was being paid at the time.
Fuel costs to get your food to Giant etc have doubled and tripled in some cases.
Labor costs are higher and fuel costs have doubled or tripled which drives inflationary pricing for food.