It’s what he did when he inherited Obama’s economy after he took over from the housing crash.
Things are costly because 1) companies have been swallowing up other companies so there is very little competition even when looking back 20 years ago 2) companies raised their prices. Eggs are expensive because grocery stores raised prices on them. Many of those same stores have had great years financially and trump wants to give them tax breaks. That’s just mind numbing
Also, public corporations have a fiduciary responsibility to look out for their shareholders. This system is just as backwards as trickle down economics or as George Bush called it voodoo economics.
Yup. That’s what people don’t realize. Like when a new President is instated the economy doesn’t start at zero. The new President inherits the old President’s economy and can make or break it. We saw this happen from Clinton, where we were at a surplus to Bush where we had a deficit.
Oh. I know. I know the first part all too well because it happened to my dad’s company which led him to quit, only to go back because they allowed us to move form Texas to Arizona. Said company is an engineering firm that bought all the smaller companies in Europe. Grows them, then sells them off to investors.
It’s why there needs to be some form of regulation when it comes to pricing and companies. And why Citizens United basically screws everyone over in the long run.
I live in the NE. NYS to be exact. Thankfully groceries here are not that bad. Wegmans is amazing. I can fill up my fridge, freezer and cabinets for $200. Organic free range chicken thighs($2.09 a pound) & eggs (2 dozen for $8, much cheaper if not organic), good meats, nice veggies. Good food. It lasts me a month.
Price wise from what I’ve seen (could be nonsense) it’s the red states that kill their customers with food price gouging and then blame dems. /shrug
everyone remembers “read my lips no new taxes” and then he raised taxes which got him kicked out of office by the public (along with S&L recession) but Clinton definitely inherited a better economy than people thought at the time. Difference is Clinton has smart people around him, trump has incompetent and corrupt people around him.
I live one state over, I can go $200 in a week sometimes (family of four). That said I know no political party controls the cost of eggs & milk. It’s greedy corporations and heck after covid my company (the one I work for) raised prices as well even though our shipping costs went down significantly yet Amazon raised prices on us.
I’ve been finding it cheaper to buy toiletries and household goods (paper towels n stuff) via amazon then I buy all my fresh food from Wegmans. There’s a lot of farming in NYS by me so it helps keeps prices down.
I had to recently buy eggs because I refuse to stress out my own hens during fall/winter with artificial light, and my goodness they have gone up again.
Regular grocery stores are around $6-7 for 18, and Costco is $5.
In spring and summer I’m swimming in more eggs I know what to do with, but this year it seems we skipped fall and went right into winter. Hens molted and egg production fell off a cliff in mid October.