Trump can't bring grocery prices down

  • Thread starter Thread starter evrheel
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Good. I’m hoping they go way up. Especially meat. $30/lb for ground beef and $15/lb for chicken breast sound like reasonable targets.
Reverse those. I don't eat chicken breasts. And don't be wishing no bad things on wings.
 
I think this is correct in the short run. Oil is already around $70 a barrel. Once the price goes below $62 it's no longer profitable to drill and refine so additional supply will only be so effective.

Guess Trump will need to badger the grocery stores to stop "gouging" the consumer by lowering their 2.2% profit margin.
 
I think this is correct in the short run. Oil is already around $70 a barrel. Once the price goes below $62 it's no longer profitable to drill and refine so additional supply will only be so effective.


What additional supply? Supply will decline if the cost of production exceeds the price it can be sold for.
 
Trump in August:
From the day I take the oath of
office, we'll rapidly drive prices
down, and make America
affordable again. Prices will
come down. You just watch
They'll come down and they'll
come down fast."


Trump now:
"It's hard to bring things down
once they're up. You know, it's
very hard."
 
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