Biden demands supermarkets cut soaring grocery prices that threaten his re-election -

[BartenderElite]

Every discussion I have where I point out that Americans are continued into struggle financially... there are dozens of threads and posts that insist that all is well and everyone is just fine..

So, you have no examples.

 

[Bigdog]

There is enough information out there to raise the suspicion

“Conagra Brands—one of the largest consumer packaged goods companies in the U.S.—announced that it had posted a nearly 60% year-over-year profit increase between December 2022 and February 2023.

https://time.com/6269366/food-company-profits-make-groceries-expensive/

So is Biden attacking those companies rebounding from covid??? Or are you just changing the subject, deflecting from grocery stores?

 

[Into the Night]

President Biden, whose approval rating has suffered amid high inflation, is beginning to pressure large grocery chains to slash food prices for American consumers, accusing the stores of reaping excess profits and ripping off shoppers.

https://www.nytimes.com/2024/02/01/us/politics/biden-food-prices.html



Hey Joe.....Major supermarkets make about 2 to 4 cents on the dollar

Price controls never work. I guess ole' Joe is getting desperate.

 

[Into the Night]

Greedflation, not unusual, several have been caught at it, and makes a good political talking point

No such word. Try again. Buzzword fallacy.

 

[Into the Night]

Go get em' Biden!

The Grocery Store chains are having record breaking profits, since Biden has taken office, at the expense of the working class and hungry people!

Is this a Republican Plot to make the president look bad- at the expense of the working class and the hungry people? Starting to think so!

I expect my president to be looking after my best interests! And Biden always does, in everything he does! Good job!

Thanks Biden! You have my vote!

Price controls never work, Sock. They always cause shortages.

 

[archives]

ROFL

And what IS the margin for grocery chains?

Apple - which you adore as a Woke Chinese slave labor company runs an 87% margin on their phones.

Nike - another Chinese slave produced darling of the left - 43% gross margin.

Albertsons/Safeway - those evil greedy bastards who feed America - they run 1.81% margin.

HOW DARE THEY.

Standard Disclaimer: All the lying about the J6 Reichstag Fire isn't going to do shit to overcome the pain America suffers in their pocket book due to the policies of Biden and the Communist party.

There is enough data out there to make people understandably suspicion that someone is using greedflation to turn record profits:

“Conagra Brands—one of the largest consumer packaged goods companies in the U.S.—announced that it had posted a nearly 60% year-over-year profit increase between December 2022 and February 2023. The Chicago-based company, which makes a long list of grocery staples including Chef Boyardee, Hunt’s, Slim Jim, Reddi-wip, and Marie Callender’s frozen meals, reported a net income of $342 million, up from $219 million in the same quarter a year prior”

”Conagra isn’t the only food company making profits off of inflation-driven price increases. At Kraft-Heinz, the multinational food company that makes Oscar Mayer, Jell-O, and Kool Aid, profits for the quarter ending at the end of 2022 were up nearly 450%, compared to the prior year, at $887 million. Tyson Foods, the largest meat company in the U.S., more than doubled its profits between the first quarters of 2021 and 2022. And General Mills, which owns Kix, Trix, and Chex among other recognizable cereal labels, saw its fourth quarter profits last year rise 97% compared to the previous quarter. General Mills has raised prices five times since 2021”

https://time.com/6269366/food-compan...ies-expensive/

 

[Into the Night]

There is enough information out there to raise the suspicion

“Conagra Brands—one of the largest consumer packaged goods companies in the U.S.—announced that it had posted a nearly 60% year-over-year profit increase between December 2022 and February 2023. The Chicago-based company, which makes a long list of grocery staples including Chef Boyardee, Hunt’s, Slim Jim, Reddi-wip, and Marie Callender’s frozen meals, reported a net income of $342 million, up from $219 million in the same quarter a year prior”

”Conagra isn’t the only food company making profits off of inflation-driven price increases. At Kraft-Heinz, the multinational food company that makes Oscar Mayer, Jell-O, and Kool Aid, profits for the quarter ending at the end of 2022 were up nearly 450%, compared to the prior year, at $887 million. Tyson Foods, the largest meat company in the U.S., more than doubled its profits between the first quarters of 2021 and 2022. And General Mills, which owns Kix, Trix, and Chex among other recognizable cereal labels, saw its fourth quarter profits last year rise 97% compared to the previous quarter. General Mills has raised prices five times since 2021”

https://time.com/6269366/food-company-profits-make-groceries-expensive/

Price controls never work, Sock. They always cause shortages.

 

[Into the Night]

Food Corporations have used inflation as a way to gouge people. Corporate greed at its best.

Food providers and corporations do not cause inflation, Phanty.

 

[Into the Night]

Now that is original, what’s next, “I’m rubber, you’re glue, whatever you say bounces off of me and sticks to you”

Inversion fallacy. You are describing yourself again.

 

[Into the Night]

And yet multiple grocery suppliers and food manufacturers are recording record profits

Argument from randU fallacy. You are making up numbers. Omniscience fallacy. You don't get to quote everyone.

 

[Into the Night]

The average grocery chain in the US makes a 2.2% profit margin. Are you saying they should just give groceries away?

That's exactly what Biden wants.

Price controls, of course, never work.

 

[Into the Night]

I read what an exec said when inflation was climbing. He said they were waiting for such a thing because the prices would never return to the real levels. They would make a lot more profit and do the same amount of work, They would get richer and richer. That is part of the explanation that we have the worst wealth gap we have ever had. America is the land of the haves and have nots.
The wealthy never have enough.

That's because you support those that steal wealth.

 

[Into the Night]

How so, is Biden ripping you off personally!

This ought to be good!

RQAA. Stop asking questions that have already been answered. It's mindless.

 

[Into the Night]

Oh, how terrible. Asking stores to lower prices to consumers. I mean, how would that benefit the American people?

It's so much worse than a leader telling his party to not improve the border so he can get re-elected more easily.

Price controls don't work.
Biden is NOT improving the border.

 

[Into the Night]

So they are making 3% profits how much would you cut them.

He doesn't get a say.

 

[Into the Night]

This is BidenomicDeflectionDesperationDenial mode at its finest... So.... now people are struggling because the grocery stores are gouging prices... that's odd because up until now Dems were denying that grocery prices were too high... They were Insistent that people were not struggling to feed their families ..or pay bills..

You are quite right. They put themselves in their own paradox, and they are STILL trying to argue both sides of the paradox.

 

[NiftyNiblick]

That's because you support those that steal wealth.

Not me, Milquetoast.

I support those who favor a merciless Stalinesque purge of trumpanzee mutants.

What wealth the latter may have would have to be redistributed, I suppose,
but that's a minor detail
and secondary consideration.

 

[Into the Night]

That's odd; I don't remember a single Democrat saying this.

Do you have any quotes or corroboration for that?

Are you really going to try to claim innocence here??
It's not going to work, Sock.

 

[Into the Night]

From the article linked in the douchebag OP's bullshit post....



GO BIDEN GO!!!!

Kroger is targeted by Biden, just like any other grocery store chain.

 

[archives]

Price controls never work, Sock. They always cause shortages.

Which is totally irrelevant, but thanks for stopping by, now back to your radio