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re: Biden admits prices ‘too high’ but blames sellers for 18% inflation

Posted on 11/27/23 at 7:51 pm to
Posted by artisticsavant
Member since Mar 2017
5008 posts
Posted on 11/27/23 at 7:51 pm to
Go ahead Joe, sue every business in the country for raising their prices.
Posted by Jax-Tiger
Port Saint Lucie, FL
Member since Jan 2005
24776 posts
Posted on 11/27/23 at 8:09 pm to
He needs to tell the banks to not foreclose on any business that defaults on their loans because they lowered their prices and now have a negative cash flow.

He needs to tell the employees of these companies that as their employers lower their prices, the employees should expect to have their cost of living raises rescinded.
Posted by NOLAVOL16
Member since Jan 2022
873 posts
Posted on 11/27/23 at 8:23 pm to
“ 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?”

Sadly his low information voters believe every word and consider themselves Einstein’s for being able to recite the same nonsense.
Posted by Colonel Flagg
Baton Rouge
Member since Apr 2010
22817 posts
Posted on 11/27/23 at 8:43 pm to
quote:

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


Posted by Azkiger
Member since Nov 2016
21784 posts
Posted on 11/27/23 at 9:13 pm to
quote:

Let me be clear to any corporation has not brought their prices back down, even as inflation has come down...


Inflation rates are lowering, but inflation is still wildly high.
Posted by td01241
Savannah
Member since Nov 2012
22856 posts
Posted on 11/27/23 at 9:18 pm to
I do believe some places are taking advantage of inflation. Stuff like Wendy’s charging like 4$ for a medium sweet tea. Biden is still a fricking idiot though. They continue to exasperate this.
Posted by Bjorn Cyborg
Member since Sep 2016
26929 posts
Posted on 11/27/23 at 9:21 pm to
quote:

price gouging


Doesn’t exist
Posted by Flats
Member since Jul 2019
21877 posts
Posted on 11/27/23 at 9:29 pm to
quote:

Doesn’t exist



This. It amazes me that people see zero problem with getting the lowest price they can on an item, but see the other party as evil when they try to get the highest price. It's the same thing.
Posted by imageauto
Member since Apr 2020
147 posts
Posted on 11/27/23 at 10:33 pm to
dgnx6, Yea but he had to deal with cornpop! He was a bad dude. lol
Posted by teke184
Zachary, LA
Member since Jan 2007
96418 posts
Posted on 11/27/23 at 10:51 pm to
If people understood economics, they wouldn’t be Democrats.


Dems believe in stupid, ruinous policies that lead to prices running out of control then don’t accept any blame for causing energy or food costs to spike, which in turn causes the inflation.
Posted by NOLAVOL16
Member since Jan 2022
873 posts
Posted on 11/28/23 at 11:32 am to
“Dems believe in stupid, ruinous policies that lead to prices running out of control then don’t accept any blame for causing energy or food costs to spike, which in turn causes the inflation.”

They don’t accept blame because the issues are really a feature. Problems give more opportunities to implement additional dumb policies.
Posted by bayoudude
Member since Dec 2007
24964 posts
Posted on 11/28/23 at 11:36 am to
quote:

Inflation is still above 3%


People fail to realize that this percentage is compounding. The government reports it as slowing or unchanged when really as long as any inflation is present things continue to increase in cost. Groceries have skyrocketed and are really starting to cramp my discretionary income
Posted by 9Fiddy
19th Hole
Member since Jan 2007
64135 posts
Posted on 11/28/23 at 1:07 pm to
quote:

Let me be clear to any corporation has not brought their prices back down, even as inflation has come down

Does this frick not know how math works?
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