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Beer - ScottFromWyoming - May 10, 2024 - 8:58pm
 
It's the economy stupid. - thisbody - May 10, 2024 - 3:21pm
 
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Living in America - Proclivities - May 10, 2024 - 6:45am
 
Index » Regional/Local » USA/Canada » It's the economy stupid. Page: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10  Next
Post to this Topic
thisbody

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Gender: Male


Posted: May 10, 2024 - 3:21pm

Argentina's Milei is already proving the Left-wing economic establishment – addicted to bigger government and endless deficits – wrong!

1) Inflation down from 300% to 11%

2) First quarterly budget surplus since 2008

3) Argentine peso is the world's best performing currency



miamizsun

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Posted: Apr 16, 2024 - 4:28am


Red_Dragon

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Location: Dumbf*ckistan


Posted: Apr 12, 2024 - 10:17am

 black321 wrote:


Seems like they are picking on grocery, particularly center store (Pepsi)m which admittedly has been a problem...but most of these products aren't "essential."
Pepsi also got into a feud with french operator Carrefour, which temporarily dropped their prices because of the price hikes. 

The FTC also released results of a recent study on grocers, concluded the obvious: grocery margins went up when demand grew to a point where they no longer needed to be promotional and larger companies have scale advantages. The latter issue has little to do with the pandemic, and a host of other issues besides price. 

Grocery retail margins did go up during the pandemic, 1-2%, but they have since normalized to prepandemic levels.







Hormel settles pork price-fixing suits for $11 million
black321

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Location: An earth without maps
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Posted: Apr 12, 2024 - 10:10am

 Red_Dragon wrote:

Seems like they are picking on grocery, particularly center store (Pepsi)m which admittedly has been a problem...but most of these products aren't "essential."
Pepsi also got into a feud with french operator Carrefour, which temporarily dropped their prices because of the price hikes. 

The FTC also released results of a recent study on grocers, concluded the obvious: grocery margins went up when demand grew to a point where they no longer needed to be promotional and larger companies have scale advantages. The latter issue has little to do with the pandemic, and a host of other issues besides price. 

Grocery retail margins did go up during the pandemic, 1-2%, but they have since normalized to prepandemic levels.





ColdMiser

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Posted: Apr 12, 2024 - 8:09am

 Red_Dragon wrote:
I follow Robert Reich and he is spot on. The problem is that nobody is pounding the drum LOUDLY enough so that Americans get the real picture. It's amazing that so many people still blame the president (Either Biden now or any President for that matter) for high food and gas prices. Maybe if more public pressure is brought to bear and individual companies are called out by name and shamed then maybe some progress will be made that Americans feel. 

Red_Dragon

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Location: Dumbf*ckistan


Posted: Apr 11, 2024 - 4:34pm

Companies are using inflation to price-gouge Americans – and making it worse
black321

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Location: An earth without maps
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Posted: Apr 9, 2024 - 7:39am

 islander wrote:


Wouldn't you have to pay back all the money Mexico spent on the wall?


Can credit bid that when we sell them back Texas. 
islander

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Location: West coast somewhere
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Posted: Apr 9, 2024 - 7:38am

 black321 wrote:


Only a problem if the creditors ask for the $ back, right?
But then again, none of it is collateralized so 

The U.S. also has plenty of assets...we can always sell Texas.
https://www.usdebtclock.org/#



Wouldn't you have to pay back all the money Mexico spent on the wall?
black321

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Location: An earth without maps
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Posted: Apr 9, 2024 - 7:28am

 Steve wrote:

A fine mess...




Only a problem if the creditors ask for the $ back, right?
But then again, none of it is collateralized so 

The U.S. also has plenty of assets...we can always sell Texas.
https://www.usdebtclock.org/#

Steve

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Location: Around My Corner... and Up Yours
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Posted: Apr 9, 2024 - 6:28am

A fine mess...

Red_Dragon

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Location: Dumbf*ckistan


Posted: Apr 5, 2024 - 7:56am

Another month of robust US job growth points to continued economic strength
kurtster

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Location: where fear is not a virtue
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Posted: Mar 13, 2024 - 11:22am

 islander wrote:
The electric companies did this for a different reason. Their resource is finite and the demand was exceeding their ability to meet it. When the demand is too high, they were forced to drop people. This caused all kinds of issues as they are a regulated monopoly. The primary driver in instituting these measures was not profit... well not profit from the charges, but profit from keeping their system running without faults.
 
Yeah, remember Gray Out Davis ? ...
R_P

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Posted: Mar 13, 2024 - 10:15am

"The price of freedom."
black321

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Location: An earth without maps
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Posted: Mar 12, 2024 - 9:10am

 islander wrote:


The electric companies did this for a different reason. Their resource is finite and the demand was exceeding their ability to meet it. When the demand is too high, they were forced to drop people. This caused all kinds of issues as they are a regulated monopoly. The primary driver in instituting these measures was not profit... well not profit from the charges, but profit from keeping their system running without faults.


Right
islander

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Location: West coast somewhere
Gender: Male


Posted: Mar 12, 2024 - 8:26am

 black321 wrote:


Well...it is s-t supply and demand shifts, which obviously can divert to gouging.
The electric cos have been doing it for decades, and theyre monopolies, ha!


The electric companies did this for a different reason. Their resource is finite and the demand was exceeding their ability to meet it. When the demand is too high, they were forced to drop people. This caused all kinds of issues as they are a regulated monopoly. The primary driver in instituting these measures was not profit... well not profit from the charges, but profit from keeping their system running without faults.
Red_Dragon

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Location: Dumbf*ckistan


Posted: Mar 12, 2024 - 7:34am

 black321 wrote:


Well...it is s-t supply and demand shifts, which obviously can divert to gouging.
The electric cos have been doing it for decades, and theyre monopolies, ha!


yup
GeneP59

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Location: On the edge of tomorrow looking back at yesterday.
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Posted: Mar 12, 2024 - 7:08am

 Red_Dragon wrote:
You want it. You need it. We got it. So bend over and take it.

black321

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Location: An earth without maps
Gender: Male


Posted: Mar 12, 2024 - 6:46am

 Red_Dragon wrote:

Well...it is s-t supply and demand shifts, which obviously can divert to gouging.
The electric cos have been doing it for decades, and theyre monopolies, ha!
Red_Dragon

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Location: Dumbf*ckistan


Posted: Mar 11, 2024 - 5:38pm

This used to be called "price gouging".
black321

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Gender: Male


Posted: Feb 6, 2024 - 7:45am


After Jamie Dimon warns of market ‘rebellion’ against $34 trillion national debt, Fed’s Jerome Powell says it’s past time for an ‘adult conversation’ about unsustainable fiscal policy

With the United States’ national debt closing in on $34.2 trillion, some of the biggest figures in the world of finance have been speaking out. But few expected Federal Reserve Chairman Jerome Powell to address the issue—at least until this weekend, when Powell spoke out about the debt on CBS’s 60 Minutes Sunday. “In the long run, the U.S. is on an unsustainable fiscal path,” Powell warned.

Even as the U.S. economy avoided a widely forecast recession in 2023, record government spending and lower tax receipts led the national debt to surge to an all-time high. And that trend has continued into this year. The U.S. government debt to GDP ratio, a measure of total public debt to economic growth, has surged from just over 100% in 2019 to over 120%. That’s down from the COVID-era peak of 133%, but, as Powell put it, the government’s debt is still “growing faster than the economy.”

This means it’s now “past time, to get back to an adult conversation among elected officials about getting the federal government back on a sustainable fiscal path,” Powell argued Sunday.

https://finance.yahoo.com/news...

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