Analysis: Grocery Prices Nearing 40 Percent Higher Than In 2019

According to "Slow Joe," this is a fantasy. We're just imagining this.

 

Something major must have happened worldwide in 2020 for that to occur. Can't think what it was though

 

Same in Australia.

 

Is that going to be the excuse this administration uses for the rest of their time?

But yet they keep telling us that the economy is doing great.... Yet here at ground level in the real world little guys like me notice that my dollar doesn't go near as far as it once did.

But hey I guess I can always take solace in the fact that the stock market's doing well or something like that...

 

Y'all probably have a poor excuse for a president too

 

It's our equivalent of the fed that is the problem. They dumped interest rates to zero basically under covid, but they were too low for a long time anyway.

 

Breitbart, the fountain of "truth" /sarcasm

The real number is less than half that.

 

I doubt it.

 

Food companies have been one of the largest price gougers during the pandemic / recession.

This has vey little to do with Joe Bidfen, and a LOT to do with greedy corportations who are trying to squeeze you for ecery dime they can possibly get.

And since food is required, they have little incentive to lower prices once the market has shown it will pay it.

 

Then you should have no problem showing the requisite jump in their profit margin. Let’s see…a quick google search confirms they’re usually operating at 1-3% razor thin profit margin. What did it jump to that’ll prove your point?

 

Hmmm. Interesting. I think you're just imagining that Joe doesn't agree. But facts will tell you differently.

I’m calling on corporations including grocery retailers to use record profits to reduce prices.
https://www.whitehouse.gov/briefing...oe-biden-on-the-march-consumer-price-index-2/

 

Are you simply refering to grocery stores? or manufacturers?

Its not the same thing to say that the grocery store makes slim proffits, but for example, Heinz has made record profits this year.

 

Grocery stores operate at 1-3% profit margin.

Heinz might be at a higher profit margin, go check it out. End of the day, you don’t seem to understand profit margin so here’s a math lesson to you and all the other posters here who only talk profits and not profit margin.


your profit margin is 3%. You sell your product at $100. You make 3 dollars profit.


inflation just forced you to sell your product at 130 dollars. You made “record profit” at $3.30. You didn’t gouge anyone, yet you made a record profit.


So the one who needs to answer the question of just who he’s talking about and showing us the requisite profit margin increase is….you

 

The end of 2020 had a 1.4% inflation rate. COVID had no significant effect on agriculture and food production.

 

Covid changed our spending habits... gonna take awhile for the world to adapt, I do not think prices will ever go down, so wages must go up

 

I've noticed that stores have jacked up their store-brand products to be almost as expensive as name-brand products

 

Also read the unit price... Never assume that purchasing more of the same product means a lesser unit price. I have noticed they charge more to buy more of a quantity of the same exact product

 

I'm calling on "Slow Joe" to stop spending billions/trillions like a drunken sailor to slow inflation. But, I won't hold my breath waiting for him to act like an adult.

 

Expansion of the money supply.

 

They linked their original sources. Are you claiming the original sources are also lying? You know you are lost when you try to shoot the messenger because you dislike the news.

 

If you add up the entire money supply created between 1776 and 2020 then we saw a DOUBLING of the entire world supply of dollars between 2020-2023. Yes, Democrats did that. We have twice as many dollars chasing the same amount of goods.

That is the definition of inflation.

 

I am stating the fact that the real number is less than half of what your source claims.

Breitbart is one of the most biased sourced out there with no credibility whatsoever. For example, the price of eggs, which your source claims is up 63% is a complete lie.

Price of eggs in 2015 = $2.75. In 2022 = $4.25. In 2024 = $2.51.

Breitbart media bias

• Overall, we rate Breitbart Questionable based on extreme right-wing bias, the publication of conspiracy theories and propaganda, as well as numerous false claims.

A questionable source exhibits one or more of the following: extreme bias, consistent promotion of propaganda/conspiracies, poor or no sourcing to credible information, a complete lack of transparency, and/or is fake news. Fake News is the deliberate attempt to publish hoaxes and/or disinformation for profit or influence

Reasoning: Extreme Right, Propaganda, Conspiracy, Failed Fact Checks
Bias Rating: RIGHT
Country: USA

 

This article uses old data and still said "over 80%". That was before the recent surge's data came available which is far higher. Hell, the 80% figure getting rejected is for all claims world wide including outside the US. Apply in the US after crossing the border illegally means they passed through half a dozen to a dozen safe countries trying to forum shop. That is automatic grounds for rejecting all asylum claims according to U.S. law. So, yes, the 98% figure is very, very real.

80% of asylum-seekers rejected, DHS official says - FOX 5 San Diego

Keep talking out of you backside if you wish but the evidence says you are factually wrong.

 

Yes, vast majority are rejected. Isn't that what you want?

 

Nice to know I'm not the only person that understands this.