this post was submitted on 02 Dec 2024
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United States | News & Politics
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Lmao this is like raising prices in october to 'slash' them for black friday sales. "Hey everybody, remember last month when grocery prices got up to 3 times as high as when i took office? I had some really good phone calls with my corporate donors and we agreed that itd be a good pr move if we could announce theyre going back 'down' to 2.75x as much!"
not even close, that's all completely off the mark.
a literal global pandemic happened, and US food production companies were found responsible for price gouging simply for profit because they thought everyone would be too distracted by dying from the pandemic.
you combine price gouging, which Biden publicly exposed and told the worst companies to stop doing, and they did revert prices, in with shrinkflation, which Biden set up a regulatory committee specifically to combat, with Russia's War driving up energy prices, and Biden still was able to bring down inflation within a couple years to normal enough levels that the treasury stopped raising interest rates. he brought it down from 14% to about 2.
Yes, it is good that Biden was able to lower grocery prices and gas prices.
you wanted lower prices. Biden gave you lower prices.
Biden doesn't set grocery or energy prices, but he can bring them down as much as possible despite a service industry attacked by Trump, a pandemic killing and isolating the work force attacked and dismantled by Trump, and an aggressive War from a leading energy producer that will lead to more wars and higher prices with the support Trump has pledged to Putin.
Trump raised prices.
Biden brought the prices back down.
have fun with your reelected markups.
Exactly, US food companies were found guilty of price gouging, and instead of regulating prices or introducing any legal consequences whatsoever, Biden wagged his finger and supposedly said "Hey jack, dont fuck people over quite as much" and so prices didnt go back down to what they should be, or what they had been, they went down a barely noticeable percentage from a ridiculous all time high. Also what you people dont seen to ever understand, someone criticizing biden is NOT automatically defending trump, or saying hed do better. Theyre saying in the eyes of most people, Biden did fuck all and it wasnt enough (clearly). But keep licking the old mans boots because that worked super well last election. You can blame everyone else but i blame you dumbass die hard democrat party/ biden defenders who think they can do no wrong.
"instead of regulating prices"
literally what they're trying to regulate with the legislation he introduced
you can't just regulate private companies for no reason.
"Biden wagged his finger and supposedly said "Hey jack, dont fuck people over quite as much" and'
and it worked and the prices went down.
Love that you used "hey Jack"by the way, I've been really getting into that lately.
"percentage from a ridiculous all time high.'
ehgs down from $4 to less than $1 because of a study done that show their price gouging....so... that significant well then
"someone criticizing biden is NOT automatically defending trump"
couldn't care less about this tangent.
and then it looks like you're just making shit up after that because you don't have any evidence, facts or logic to draw on.
worrrd