Experts say high food prices are here to stay. Here’s why.

[kyzr]

$7.8 trillion in debt under Trump. You can argue the reasons why all you want but it added to the problem. The pumping was on overdrive under Trump.

My point is that BOTH parties added to the DEBT, pretty much evenly. Its not a partisan issue.

 

[OldFlame]

No. It’s corporate price gauging I tell ya!

Yeah, amazing how those excuses have just disappeared!

 

[pknopp]

My point is that BOTH parties added to the DEBT, pretty much evenly. Its not a partisan issue.

I already said that.

 

[Mac1958]

However, experts say high food prices are here to stay.

People around Trump knew prices couldn't come down. Trump himself is ignorant about macroeconomics, so who knows what he knew.

But he DID know what people wanted to hear, and honesty is obviously not a particularly high priority for him.

Inflation worked its way through supply chains, and most prices can't be brought down. No matter what an orange liar tells you.

 

[postman]

Yet you believed Kommie when she campaigned on lowering prices. She didn’t even explain to you how she was going to do it.

Weird.

Harris only promised lowering prices. And prices are already coming down.

Trump promised bringing them back to 2019 prices, and to do it "very fast".

 

[LAUGHatLEFTISTS]

Harris only promised lowering prices. And prices are already coming down.

Trump promised bringing them back to 2019 prices, and to do it "very fast".

Please explain what Kommie did to lower prices?

 

[Woodznutz]

Here's why: there are no plans to suck back out of circulation the $3-$5 trillion that the Xiden junta foolishly printed up.

No need. We hemorrhage a $Trillion per year due to the trade deficit, illegal drug spending, and remittances. The problem is that the inflated prices remain, and the shortfall is made up by more borrowing. So, equity leaves the economy and is replaced by debt.

 

[Oddball]

No need. We hemorrhage a $Trillion per year due to the trade deficit, illegal drug spending, and remittances. The problem is that the inflated prices remain, and the shortfall is made up by more borrowing. So, equity leaves the economy and is replaced by debt.

The currency still doesn't go away.

 

[LordBrownTrout]

The printing stopped under Biden for the most part. The debt didn't. Both ran under Obama and Trump.

Are you serious? If you extrapolate what biden did, it was worse than o and trump combined. Yeah, he did do some printing.

 

[postman]

Trump's budgets were $4T until Covid hit, Biden has no excuse to keep $7T budgets, both added about $8T to the DEBT

Biden’s 2025 Budget is $7.30T with a $1.8T deficit______TOTAL BIDEN $8.3T (actual per clock)
Biden’s 2024 Budget was $7.30T with a $2.0T deficit
Biden's 2023 Budget was $6.13T with a $1.7T deficit
Biden's 2022 Budget was $6.27T with a $1.4T deficit
Trump's 2021 Budget was $6.82T with a $2.8T deficit___ TOTAL TRUMP $7.6T
Trump's 2020 Budget was $6.55T with a $3.1T deficit
Trump's 2019 Budget was $4.40T with a $0.9T deficit
Trump's 2018 Budget was $4.10T with a $0.8T deficit

Before Biden took over, Trump was running up $3 trillion deficits

Biden never came near those levels.

 

[Oddball]

They were running on "debt". I condemned that.

You just tried to give a flimsy rationalization for it by trying to claim that the money printing stopped under Pedo Peter, and was all the fault of Trump.

But nobody ever thought that those goalposts were going to move themselves, or made the mistake of thinking that you were an honest broker.

 

[postman]

No. It’s corporate price gauging I tell ya!

gauging (present participle)
estimate or determine the magnitude, amount, or volume of:

Aren't corporations supposed to estimate (gauge) the market?

 

[berg80]

After a few million illegals get deported the "demand" for food will get back to normal and prices should drop.

Millions getting free food had to raise prices for the rest of us.

Food inflation is about input costs..........like labor.

 

[Oddball]

Are you serious?

Yes...A serious hack.

 

[pknopp]

Are you serious? If you extrapolate what biden did, it was worse than o and trump combined. Yeah, he did do some printing.

Hardly.

 

[LordBrownTrout]

Before Biden took over, Trump was running up $3 trillion deficits

Biden never came near those levels.

Bidens budget almost doubled and his deficit more than doubled. So, yes he went past those levels.

 

[postman]

I don't think inflation was the sole reason trump got elected. There reasons were multi-faceted.

Trump also promised to reduce everyone's taxes.
And eliminate tax on overtime, tips, and social security.

Trump promised everybody $$$$$$$$$$$$$$$

 

[berg80]

No. It’s corporate price gauging I tell ya!

‘Greedflation’ caused more than half of last year’s inflation surge, study finds, as corporate profits remain at all-time highs

Groundwork Collective crunched Commerce Department data to find shocking greedflation results. But there’s evidence of it in a lot more places.

fortune.com

 

[OldFlame]

People around Trump knew prices couldn't come down. Trump himself is ignorant about macroeconomics, so who knows what he knew.

But he DID know what people wanted to hear, and honesty is obviously not a particularly high priority for him.

Inflation worked its way through supply chains, and most prices can't be brought down. No matter what an orange liar tells you.

Substitute Trump for Harris, you can do it. Well, maybe not.

 

[Oddball]

Food inflation is about input costs..........like labor.