Is law-fare libs new norm?

[GWH]

@Nemesis

@thinkingman

@Nemesis

Who says he is wanting to regulate grocery prices or establish price controls?

thats exactly what he is looking to do

mommy media just knows better than to call it that. they have an election to “win”

In your opinion. I would prefer to see some more substance than just a tweet from the WH before I get all irate and mad at the world.

Yeah, that’s not in the left’s wheelhouse at all, getting upset over a tweet.

[GWH]

This is just this administration’s attempt at making groceries “free”. See college education for confirmation.

[Tguns]

@FreeAndClear

Which is why blaming the grocery stores is so very stupid.

Well, no it’s not. Not when you’re attempting to deflect blame onto something else. It’s far easier to scapegoat something the average consumer is well aware of…that they deal with on a daily bases. It’s far more difficult to scapegoat some nameless up the line supplier that the average consumer likely never even heard of.

[DougBH]

Do any of those top four producers have a profit of 26% like Apple, for which you say “good for them”?
People choose higher prices for brand items that they trust. That is a consumer choice.

[FreeAndClear]

@Tguns

@FreeAndClear

Which is why blaming the grocery stores is so very stupid.

Well, no it’s not. Not when you’re attempting to deflect blame onto something else. It’s far easier to scapegoat something the average consumer is well aware of…that they deal with on a daily bases. It’s far more difficult to scapegoat some nameless up the line supplier that the average consumer likely never even heard of.

Yeah but i think even the average voter gets that it is a sham but i could be wrong

[Tguns]

@FreeAndClear

Yeah but i think even the average voter gets the hay it’s a sham but i could be wrong

The average voter is going to skyscream about whatever their favored candidate tells them to be angered about.

[conan]

Here is Amazon profit margin.

[conan]

Here is home depot.

Home Depot’s gross profit margin for fiscal years ending February 2020 to 2024 averaged 33.7%.

[Impenitent]

hard to shop lift from amazon, but the porch pirates are trying their best

(don’t worry, they aren’t even arrested, let alone prosecuted)

[FreeAndClear]

Profit margin and profit aren’t the same thing. It’s a volume business. Using the profit margin is a ridiculous attempt to make it seem like grocery stores are already struggling. The profit is in the billions and they are entitled to every penny of it

[SixFoot]

@Guvnah

@Ben_Natuf

These people do not understand capitalism and corporations.

Even basic math seems to elude them.

I had to teach so-called college-educated libs how to properly divide and multiply to get a percentage.

Basic elementary math, and they fail at it, while trying to call someone else stupid for knowing the actual answer (basic elementary math).

15 dead, including 14 children, in Texas elementary school mass shooting

There was a .003 % chance of dying in WWII. 420,000 deaths/132,000,000 That was no biggie too. 0.32% Math is not your strong point. You are actually wrong lol What do you think the answer is? .003% like he said lol. Weren’t you an engineer? I was gonna let @Orygun 's bad math slide since he’s had a hard enough time carrying that water, but then @PurpnGold wanted to show the class that a generic computer nerd can’t get it right either: 420,000 / 132,000,000 = 0.0031…

[gooddad409]

@Cratic3947

See how the left cannot learn and has no new Ideas. This policy has been tried and like all their policies will lead to food shortages. Just like we have now.

But since they cannot understand basic economics, punishment and force is all the know and can do…

Seems there’s little democracy in the DNC, and almost no liberty in modern liberalism…

They would love nothing better than a socialistic/communistic government with them in charge and no elections or if there is one a putin style election.

[Guilds]

@DougBH

Do any of those top four producers have a profit of 26% like Apple, for which you say “good for them”?
People choose higher prices for brand items that they trust. That is a consumer choice.

Apple makes a high end product that is not necessary to live. Last I checked, humans need food.

Any smart phone can basically do what a Iphone can do, for s a lot less. There is competition.

Many of the the suppliers to the grocery stores make double digit net profits. Why are you defending monopolies?

[FreeAndClear]

I will gladly admit that as a post graduate i am horrific at math. Numbers no make sense lol

[SixFoot]

@FreeAndClear

I will gladly admit that as a post graduate i am horrific at math. Numbers no make sense lol

Then it’s a good thing you don’t show your mathematical ass to a group of number-destroying Mathematicians and Engineers.

Percentages are something I seriously expect my elementary school kids to have down pat.

[DMK]

@STODR

Ok let’s say it might be true. Show us how their costs have not gone up such as the costs for goods, transportation, taxes, wages ect or that those increased costs don’t equal the increase in their prices.

Most companies operate of a fixed margin. When their costs go up, so do their prices.

I know that is hard to understand for some folks, but those are just the facts.

[Guilds]

@conan

Home Depot’s gross profit margin for fiscal years ending February 2020 to 2024 averaged 33.7%.

Looks like you compared net profit to gross profit.

As of October 31, 2023, Home Depot’s net profit margin was 9.92%. Profit margin is the percentage of revenue a company keeps as income after subtracting expense.

[conan]

@Guilds

Looks like you compared net profit to gross profit.

As of October 31, 2023, Home Depot’s net profit margin was 9.92%. Profit margin is the percentage of revenue a company keeps as income after subtracting expense.

Yes, you’re right.

[DougBH]

@Guilds

@DougBH

Do any of those top four producers have a profit of 26% like Apple, for which you say “good for them”?
People choose higher prices for brand items that they trust. That is a consumer choice.

Apple makes a high end product that is not necessary to live. Last I checked, humans need food.

Any smart phone can basically do what a Iphone can do, for s a lot less. There is competition.

Many of the the suppliers to the grocery stores make double digit net profits. Why are you defending monopolies?

Choosing a Brand like Apple or Cherrios are neither necessary nor monopolies. Why are you defending IPhones and not Cherrios? You don’t need either to,survive.

Profit margin of Apple 26%
Profit margin of General Mills 12%

Net profit of the world’s biggest food wholesaler not based on brand names is Sysco. Net profit 2%.

Dont go for the big brand items.

[Guilds]

@DougBH

Net profit of the world’s biggest food wholesaler not based on brand names is Sysco. Net profit 2%.

Sysco sells to Restaurants and hotels…not to grocery stores.