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Message
Biden admits prices ‘too high’ but blames sellers for 18% inflation
Posted on 11/27/23 at 5:43 pm
Posted on 11/27/23 at 5:43 pm
LINK
quote:
President Biden acknowledged Monday that prices are still “too high” and argued that companies should lower them after an 18% jump in consumer costs since he took office.
“We know that prices are still too high for too many things — that times are still too tough for too many families,” the 81-year-old said near the White House.
“We’ve made progress, but we have more work to do,” Biden added. “Let me be clear to any corporation has not brought their prices back down, even as inflation has come down, even supply chains have been rebuilt: It’s time to stop the price gouging and give the American consumer a break.”
The prices of some goods, such as food products, are expected to decline in the coming months, but periods of general deflation are rare in US history.
20
Posted on 11/27/23 at 5:45 pm to WPBTiger
These MF'krs never cease to amaze me with their lies.
Posted on 11/27/23 at 5:47 pm to WPBTiger
Inflation is still above 3% (and actually higher for a lot of consumer items). That means costs (and prices) continue to INCREASE.
This isn't being helped by states increasing minimum wages and all the new shiny and pricey labor agreements being pushed by these idiots.
Where does this retard think these reductions are going to come from?
This isn't being helped by states increasing minimum wages and all the new shiny and pricey labor agreements being pushed by these idiots.
Where does this retard think these reductions are going to come from?
Posted on 11/27/23 at 5:58 pm to WPBTiger
So as costs continue to rise just to be able to conduct business they're supposed to charge less for the goods produced. That’s an interesting take and a very incomplete picture of how business is conducted across its many facets. But when you’ve been in government longer than I’ve been alive and work off of bribes I can’t say that I’m shocked at his opinion of demonizing the producers.
Posted on 11/27/23 at 5:59 pm to WPBTiger
It's not ME.
FJBidens
FJBidens
This post was edited on 11/27/23 at 6:00 pm
Posted on 11/27/23 at 6:00 pm to WPBTiger
quote:
Biden added. “Let me be clear…..”
Consistently utilized DimSpeak phrase meaning “I’m about to feed you a line of bullshite that not even I can believe you’d actually believe.”
Posted on 11/27/23 at 6:00 pm to udtiger
quote:
Where does this retard think these reductions are going to come from?
He’s just setting the table of absolving his administration of their failures and pinning them on everyone else. It’s very “adults are back in charge” of him.
Posted on 11/27/23 at 6:01 pm to WPBTiger
Shuts down new leases on federal land and scares TC Energy out of appealing the SC decision, hence Bidenflation, hence higher interest rates. But yeah, it’s the seller’s fault.
Like that one time he begged oil companies to lower their prices. But anyone but Trump, right?
Like that one time he begged oil companies to lower their prices. But anyone but Trump, right?
Posted on 11/27/23 at 6:20 pm to Great Plains Drifter
quote:
Consistently utilized DimSpeak phrase meaning “I’m about to feed you a line of bullshite that not even I can believe you’d actually believe.”
I would like to see someone throat punch the person saying that mid-“clea—“
I’m NOT [eta sheesh, FBI and SS have hacked my phone] promoting violence here, so I’ll just have to wait for the AI animated scene or biopics about certain people.
This post was edited on 11/27/23 at 9:12 pm
Posted on 11/27/23 at 6:20 pm to WPBTiger
quote:
Let me be clear to any corporation has not brought their prices back down, even as inflation has come down
What an idiot
Posted on 11/27/23 at 6:22 pm to WPBTiger
Economic gaslighting
Posted on 11/27/23 at 6:42 pm to WPBTiger
Business owners can’t give their employees raises, pay for their health insurance, give them six weeks off for paternity leave, pay higher utility costs, and not increase their prices and turn a profit.
Posted on 11/27/23 at 6:46 pm to Figgy
quote:
So as costs continue to rise just to be able to conduct business they're supposed to charge less for the goods produced. That’s an interesting take and a very incomplete picture of how business is conducted across its many facets. But when you’ve been in government longer than I’ve been alive and work off of bribes I can’t say that I’m shocked at his opinion of demonizing the producers.
81 million people voted for a guy who had only been a lifeguard.
Posted on 11/27/23 at 7:14 pm to WPBTiger
It’s simple. Greedy companies just sell products for less!!
And in turn, layoff staff to stay profitable…
Democrats truly are an ignorant group of he/shes.
And in turn, layoff staff to stay profitable…
Democrats truly are an ignorant group of he/shes.
Posted on 11/27/23 at 7:22 pm to doubleb
quote:
Business owners can’t give their employees raises, pay for their health insurance, give them six weeks off for paternity leave, pay higher utility costs, and not increase their prices and turn a profit.
One part of your comment should be sought under Bidenomics. Screw your costs and drop your prices to do Ol' Joe a solid.
Posted on 11/27/23 at 7:29 pm to WPBTiger
The press sec said today that prices were high but items like toys, tvs and used cars are lower 
They’re so dumb yet so are many Americans. Our priorities are toys and flatscreens.
They’re so dumb yet so are many Americans. Our priorities are toys and flatscreens.
Posted on 11/27/23 at 7:33 pm to NCIS_76
quote:
These MF'krs never cease to amaze me with their lies.
It's either blatant in your face lying from every member of the illegitimate regime or the level of stupidity is immeasurable.
Posted on 11/27/23 at 7:36 pm to WPBTiger
quote:Ole boy doesn't understand how markets and economics work.
Let me be clear to any corporation has not brought their prices back down, even as inflation has come down, even supply chains have been rebuilt: It’s time to stop the price gouging and give the American consumer a break.”
If people are paying the higher prices, there is no incentive to charge lower prices.
Posted on 11/27/23 at 7:41 pm to WPBTiger
So it’s the blame game now? Is this a call to the power brokers to squeeze companies and lower the prices before the election?
Posted on 11/27/23 at 7:45 pm to shel311
quote:
Ole boy doesn't understand how markets and economics work.
If Democrats had the mental capacity to comprehend simple economics, they wouldn’t be Democrats anymore.
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