Biden Takes Aim at Grocery Chains Over Food Prices
Biden Takes Aim at Grocery Chains Over Food Prices
President Biden has begun to accuse stores of overcharging shoppers, as food costs remain a burden for consumers and a political problem for the president.
You're viewing a single thread.
Did he say anything about the Albertsons+Kroger merger that’s in the works? ‘Cause that’s not going to make things better and they are acting like it’s a done deal.
Through the magic of capitalism, removing competition will drive prices down! No further questions
Corner the market then lower your prices. It's basic economics!
I still don’t understand why they say Disney+ is losing money. It’s Disney.
Microeconomics: "Hey so we should like have a functioning econ-"
Macroecnomics: "Hahahahahahahahahahahahahahhahahaha no"
This is funny in many ways.
Yes of course because large businesses are more efficient so obviously they can drop prices.
Well. Yes. Then, No.
Yes there's obviously a decent amount of hey look at me I'm electable going on. But if you take a nationwide chain or two head on and make them lower their prices, It's not like the other chains can ignore it.
The whole point of capitalism is that supposed to be happening all the time. We're just allowing all the big names to buy up all the small names until there's no one else to keep them honest.