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@return2ozma@lemmy.world to politics @lemmy.world • 1 year ago

Biden Takes Aim at Grocery Chains Over Food Prices

www.nytimes.com

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Biden Takes Aim at Grocery Chains Over Food Prices

www.nytimes.com

@return2ozma@lemmy.world to politics @lemmy.world • 1 year ago
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President Biden has begun to accuse stores of overcharging shoppers, as food costs remain a burden for consumers and a political problem for the president.
  • @Scotty_Trees@lemmy.world
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    5•1 year ago

    I hate to be that guy, but actually it’s not just “greed” this time. There was millions of chickens that had to be culled due to a viral outbreak of Avian flu last season and we are just now seeing the effects of that. Don’t get me wrong greed does play a part, but the major contributing factor this time around for eggs is not greed, but the system rebounding from the outbreak. I know it’s trendy to say greed ruins everything (it can and does), but in this case it helps to have actual context to know what’s going on with the overall picture of things. The more you know, ya know.

    https://www.gro-intelligence.com/insights/us-egg-prices-jump-amid-deadly-surge-in-avian-flu

    • @hark@lemmy.world
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      2•1 year ago

      I love to be this guy, but egg production barely dipped in comparison to the MASSIVE jumps in price. They pulled the exact same excuse a couple years back when prices jumped 6x or so. Tell me where on this chart was that price jump ever justified by anything other than greed: https://www.statista.com/statistics/196094/us-total-egg-production-since-2001/

    • @Ensign_Crab@lemmy.world
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      1•1 year ago

      Wonder what it will be next year.

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