My Kroger stock dividend has increased 61%, my Exxon stock has doubled, and the interest I earn on the $100,000 I keep in my mad money market account has increased from $400 to $4250 a year! What a great economy!
Sweetheart, if you’ve got the money to afford things like freshly-baked French bread, ripe pineapples and watermelon, then you garner no sympathy from me – none of those things can be construed as “staples” in the real world…
The Saudis raised the price of oil in February of 2021 which kicked off the world-wide inflation. Biden went to U.S. oil companies to lower prices, they refused citing ‘world prices’. Biden released some reserves in a show of what could come, then went to the Saudis and they lowered prices a bit. A few weeks ago the Saudis raised prices again. U.S. oil still refuses to lower our price. If Biden had a congress behind him all he’d need do is to mention ‘windfall profit tax’ and our Big Oil would retreat. But the Republican/conservatives in congress only mouth support for ‘WE, the People’. Instead, they support big money.
Republicans have heard NO information whatsoever about record profits of American corporations, especially the biggest corporations, and especially the oil companies.
And they are absolutely unable to discern ANY connection between market concentration and higher prices.
In fact, they do not believe there even IS such a thing as market concentration.
Bah. Inflation WAS bad and is getting better. Bah. Gas prices ALWAYS go up for labor day. Always. They used to lie to us about why, but now they just raise the prices because they can.
When I was in college in the 60s,gas where I live averaged around 35 cents a gallon. Sounds great, except for the fact that due to inflation, 35 cents in 1960 is equal to $3.61 today. Gas at the pump where I filled my car this morning was $3. 59.
cdward 9 months ago
Blame the petroleum companies. They’re raking in record profits … again.
Masterskrain Premium Member 9 months ago
AND inflation is easing rapidly…much to the consternation of the Heffalumps.
The Nodding Head 9 months ago
Climate change is not going to treat the economy kindly.
DC Swamp 9 months ago
Nothing to see here, inflation is “easing rapidly.” What? Inflation is the #1 concern among Americans? Nope. It’s all in your mind. – Leftists
Durak Premium Member 9 months ago
Gas was $2.95 a gallon yesterday. Friday before Labor Day weekend.
Still too much, but the oil company has to get its gouge.
piper_gilbert 9 months ago
But still have thousands of dollars to spend on Taylor Swift tickets.
NeoconMan 9 months ago
Better send Trump some more money so he can fix things.
Sun 9 months ago
Bidenomics equals Inflation, Bidenflation
thelordthygod666 9 months ago
My Kroger stock dividend has increased 61%, my Exxon stock has doubled, and the interest I earn on the $100,000 I keep in my mad money market account has increased from $400 to $4250 a year! What a great economy!
Kurtass Premium Member 9 months ago
“Get a better job”. “Can’t make it where you are now, move”. Just don’t move to my neighborhood or country.
wellis1947 Premium Member 9 months ago
Sweetheart, if you’ve got the money to afford things like freshly-baked French bread, ripe pineapples and watermelon, then you garner no sympathy from me – none of those things can be construed as “staples” in the real world…
ncorgbl 9 months ago
The Saudis raised the price of oil in February of 2021 which kicked off the world-wide inflation. Biden went to U.S. oil companies to lower prices, they refused citing ‘world prices’. Biden released some reserves in a show of what could come, then went to the Saudis and they lowered prices a bit. A few weeks ago the Saudis raised prices again. U.S. oil still refuses to lower our price. If Biden had a congress behind him all he’d need do is to mention ‘windfall profit tax’ and our Big Oil would retreat. But the Republican/conservatives in congress only mouth support for ‘WE, the People’. Instead, they support big money.
braindead Premium Member 9 months ago
Republicans have heard NO information whatsoever about record profits of American corporations, especially the biggest corporations, and especially the oil companies.
And they are absolutely unable to discern ANY connection between market concentration and higher prices.
In fact, they do not believe there even IS such a thing as market concentration.
.
Those Trump Disciple analysis skills.
Erse IS better 9 months ago
Bah. Inflation WAS bad and is getting better. Bah. Gas prices ALWAYS go up for labor day. Always. They used to lie to us about why, but now they just raise the prices because they can.
Haukki 9 months ago
When I was in college in the 60s,gas where I live averaged around 35 cents a gallon. Sounds great, except for the fact that due to inflation, 35 cents in 1960 is equal to $3.61 today. Gas at the pump where I filled my car this morning was $3. 59.
Rich Douglas 9 months ago
Both of these are right at historic norms.