I thought increased food prices were due to inflation!

After hearing the Biden Administration encouraging students to use food stamps to make their life easier, I found this:https://www.newsmax.com/newsfront/joe-biden-food-stamps-grocery/2023/08/26/id/1132166/

Just another form of wealth redistribution and vote purchasing that all working people pay for.

 

fake news

snap went up as covid related inflation made food cost more, not the other way around

 

yeah, blame it on COVID. Read the article

 

oh it wasn't just covid causing inflation, it was the FED trying to prop up the failed Trump economy too - then right after that we had Covid

"Fed Ups Its Wall Street Bailout to $690 Billion a Week as Media Snoozes" Oct 2019

https://wallstreetonparade.com/2019...ilout-to-690-billion-a-week-as-media-snoozes/

and

"The Federal Reserve Has Already Pumped $9-Trillion into Wall Street in the Past Six Months, and Now Is Offering Banks Another $1.5-Trillion" March 2020

https://needtoknow.news/2020/03/the...d-now-is-offering-banks-another-1-5-trillion/

 

It becomes immediately obvious when someone rushes into comment but they have very evidently not bothered to read the linked article.

Knee jerk partisan denialism.... Just hoping that others won't read the article also

 

Can you see the irony in this post???!!!

 

It appears that everyone is about to see more food price increases. https://www.bbc.com/news/business-66618199

 

What am I missing here. I know I'm somewhat dense. But the rationale doesn't make sense to me. It suggests that correlation equals causation, or that a poor person with more money causes grocers to raise their prices. If it begins to rain and I open my umbrella. And if it then rains harder, did my umbrella make it rain harder? I thought they increased SNAP funding for the poor to meet the revised nutritional standards as well as to offset the already high food prices.

 

Newsmax = fake news. Faker than Fox. The more fake it is, the more today's so-called Republicans love it. Trump helped make the fringe mainstream.

 

He also said food and energy prices "remained volatile", despite headline inflation falling from its high of 9.1% last year.

Maybe, maybe not.

 

Rising fuel prices caused other prices to rise. It’s a pretty simple concept.

 

The war has perpetuated the cost. It's no accident that all Western Nations right now are suffering and likely to hit recession compared to Russia and China. Russia, being the collosal pricks that they are, bombed Ukraine's grain silo's which has a two pronged effect;

- starves everyone expected to get that grain with the exception of Africa since Russia just promised to give them grain for free.
- perpetuates food inflation to the west.

https://www.weforum.org/agenda/2023/01/global-recession-economic-outlook-2023/


And yes, I am aware that Russia just increased its own interest rates and China's economy has had a slow recovery from COVID...but comparatively Europe, Canada, United States are hurting far worse. Short term right now, we have gotten the **** end of the stick. Long term? Remains to be seen. But with our dipshit leaders handcuffing our production because of global warming initiatives...things are not looking that great long term either.

 

Seems to me our leaders are rapidly expanding our domestic manufacturing, not handcuffing it.

 

Covid was not the cause of inflation. The government response to covid reduced demand so prices didn't rise. When Covid was done demand rose and so did prices. At the same time government monetized about a trillion in debt and that expansion of the money supply made the dollar less valuable so we have to use more dollars for everything we buy. Every bit of it is on government, not covid.

 

The war in Ukraine is not the cause and neither is COVID. Current US government policies caused this combined with massive spending increases.

 

Ya...I think you are just too caught up in the war to come to terms with the reality of the situation here.
https://worldpopulationreview.com/country-rankings/cost-of-living-by-country



What are you noticing about this map? Hrm?

We all hate Russia. It's an authoritarian regime run like an Italian mafia. But this is the reality. And this is exactly why the independent voter has left Ukraine.

Enough is enough.

And ffs don't come back with something stupid like "obviously developed nations have a higher standard and cost of live" OBVIOUSLY China and Russia are developed nations. Each has a space program, strong military and China's GDP rivals our own.

 

I think Green industry and projects are growing.

 

Green energy is still unreliable. Because "shocker" wind and solar both rely on the weather. Hydro? I could get behind as sustainable green energy. But not wind. Not solar.

 

Newsmax's internal nicname, VictimcrackMax!

 

Well I agree with you but them's the mouths that Papa Bird is feeding.
We need to drill deep holes in the ground and build refineries and pipelines.

 

And another attempt to buy votes for the Democratic Party.

 

Newmax Media bias

• We rate Newsmax Right Biased and Questionable based on the promotion of conspiracy theories and pseudoscience as well as numerous failed fact checks.

Questionable Reasoning: Conspiracy Theories, Pseudoscience, Propaganda, Fake News, Failed Fact Checks
Bias Rating: RIGHT
Factual Reporting: LOW

 

Erm, the existence of a space program and "strong" military really doesn't say much about standards and costs of living. India has a space program that just pulled off a tricky lunar landing, but I doubt you'd compare their standard and costs of living to ours.

 

U.S. Manufacturers Reshoring, But It Will Take A Long Time
https://www.forbes.com/sites/billco...urers-reshoring-but-it-will-take-a-long-time/

I'm not only talking about energy. We are in a long process of economic change under the direction of both Congress and the administration, and contrary to the usual partisan lies and rhetoric, they and we are all on the same team.

 

Depends on which part of America we are talking about.