That is not what I said

Posted on: November 16, 2023 at 15:52:01 CT

It was shown a year and more ago that while supply chain issues had been mostly resolved corporations did not lower their prices much to reflect that. 40% of the increase in costs that today you write off to inflationary pressures is in fact continueed padding of the corporate bottom line. Most inflationary times see prices increase and then decrease over time. This time around, the price corrective decrease went about halfway. One cause of this continued 40% sustained increase is that today there are fewer companies competing for your business. Therefore less competition when it comes to that price correction. The POINT was that the population continues to see higher prices than before the pandemic and blame the president. Pretty easier mark that office is. As the campaign heats up, we are likely to see facts emerge about how good a job Biden has done. Thanks