8/24/2024
ttps://www.msn.com/en-us/money/companies/food-store-ceo-sets-record-straight-on-harris-price-gouging-claim/ar-AA1pmcpc?ocid=msedgdhp&pc=U531&cvid=3485581cdb654dea8cf59f6e1edad829&ei=8
Food store CEO sets record straight on Harris’ price-gouging claim© Provided by Fox Busines
Jobs are weaker because of Biden Harris’s inflationary policies.
Stew Leonard’s CEO on Harris’ price-fixing plan: ‘Let the market handle pricing’
The CEO of a grocery chain is setting the record straight on Vice President Kamala Harris’ claim over price gouging.
“I haven’t met anybody price gouging.” Stew Leonard Jr. told FOX Business’ Elizabeth MacDonald during an interview on “The Evening Edit.“
However, he noted the farmers and ranchers he has met have adjusted their prices to reflect the rise in costs.
SMALL BUSINESS OWNERS IN THE MIDWEST SEEING STRESS FROM CONSUMERS
“Our farmers and our ranchers have been reflecting their price increases that they’ve had, which has elevated food prices over the last two, three years now,” he noted.
“We’re seeing increases, you know, like everybody who has a house or a condo or an apartment, you’re seeing costs go up on fuel and energy or gas used to be around 2 or 3 bucks a gallon, it’s a little higher than that now,” he continued.
“They’re not calling me up and trying to artificially increase their prices, they’re calling me because their prices are going up.
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FOX News
Leonard Jr. also mentioned how he speaks and deals with his suppliers who inform him their prices are rising.
Kamala Harris’ energy policies punish the meat industry: Chris Young
The Harris’ campaign released a document last week saying that if she’s elected, her administration would work with Congress to “advance the first-ever federal ban on price gouging on food and groceries; set clear rules of the road to make clear that big corporations can’t unfairly exploit consumers to run up excessive profits on food and groceries.”
When it comes to the vice president’s plan to fight price gouging, Leonard Jr. said, “I’m sure” there was a “small percentage” of companies who saw a “little window during COVID.”
“Most of the people out there right now had to increase their prices due to their costs going up,” and added that overall regulation for his business is “good” to “protect the consumer.”
As far as regulating grocery prices, Leonard Jr. said, “let the market handle pricing.”
“One thing I’ve learned in my 50 years of retailing in our family business, if you raise prices, guess what happens to sales, they go down, you know, unless you’re Gucci or Prada or something like that.”
FOX Business’ Eric Revell contributed to this report.
Original article source: Food store CEO sets record straight on Harris’ price-gouging claim
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Presidential Price Tags: 13 U.S Administrations by Inflation Performance (msn.com)
ttps://www.msn.com/en-us/money/markets/presidential-price-tags-13-u-s-administrations-by-inflation-performance/ss-AA1pkW3u?ocid=msedgdhp&pc=U531&cvid=e71df93ef04c413880310a1641b9b320&ei=20#image=1
Presidential Price Tags: 13 U.S Administrations by Inflation Performance
Story by Nancy Maf
Click on each administration to see how each administration handled their inflation performance.
Presidential Price Tags: 13 U.S Administrations by Inflation Performance©Image Credit: Gints Ivuskans/Shutterstock.
According to a comprehensive analysis by the Measuring Worth project, inflation rates have fluctuated dramatically across presidential terms. Some leaders presided over periods of relative price stability while others grappled with double-digit increases.¹
As Americans feel the pinch of rising costs, a look back at how different administrations have fared in taming the inflation beast reveals some surprising insights. But which commander-in-chief truly deserves the title of inflation-fighter-in-chief?
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https://www.newsweek.com/results-are-bidenomics-complete-failure-opinion-1827935
ttps://www.newsweek.com/results-are-bidenomics-complete-failure-opinion-1827935
The Results Are In: Bidenomics Is a Complete Failure | Opinion
Published Sep 20, 2023 at 7:00 AM EDT
Joe Biden Faces Economic Pressure On At Least Five Fronts
By Tom Emmer and Randy Feenstra
Over the last several months, President Joe Biden has desperately traversed the country trying to resuscitate his plummeting poll numbers and reassure American families that his economic agenda is working. He claims that multi-trillion-dollar investments in green energy and excessive government spending will propel our economy into unprecedented heights of American prosperity.
In other words, he is intentionally misleading Americans with the message that his fiscal policies—which he has coined “Bidenomics”—are beneficial. Fortunately, in poll after poll, the American people resoundingly reject Bidenomics because they see everywhere—from the gas station to the grocery store to their credit-card statements—that the Biden administration’s economic agenda has failed. Injecting trillions of dollars into our economy didn’t deliver financial relief; it fueled the worst inflation crisis in more than 40 years.
Naturally, President Biden ignores the reality of his economic policies. Thanks to Bidenomics, American families’ credit card debt has reached a record $1 trillion as people struggle to pay their bills and feed their families under the weight of inflation. The dream of home ownership has slipped out of reach for countless Americans as mortgage rates approach 8 percent and banks tighten their lending requirements. Sixty-one percent of Americans are living paycheck to paycheck, gas prices are once again spiking nationwide due to the Biden administration’s anti-American energy policies, and American households have lost, on average, $33,000 in real wealth this year alone. No wonder almost two-thirds of Americans disapprove of the president’s economic initiatives.
To make matters worse, the federal deficit—which was originally projected to return to pre-COVID levels—is now expected to double this year to $2 trillion, accelerating the catastrophic consequences of our $33 trillion national debt on our economic vitality and national security. This is one of many reasons why Fitch Ratings—one of the largest credit rating agencies in the country—recently downgraded our creditworthiness, pointing to our deteriorating fiscal stability and ballooning national debt.
While House Republicans didn’t create this mess, we are working hard to clean it up. Since the beginning of the 118th Congress, we have passed strong legislation to rebuild our economy, rein in the power of the executive branch, restore the congressional power of the purse, end wasteful spending, and reduce costs for American families.
To date, President Biden’s overreaching regulations and burdensome red tape have cost American workers nearly $10,000 per household. His 122 executive orders have saddled our families, farmers, and businesses with $1.5 trillion in additional and unforeseen expenses.
Republicans passed both the REIN IN Inflation Act and the Regulations from the Executive in Need of Scrutiny Act to curb record-high inflation sparked by President Biden’s wasteful spending policies and costly executive orders. These two pieces of legislation would require federal bureaucrats to report to Congress the estimated inflationary impact of any executive order before an official vote and ensure that every new “major rule”—that is, any rule with an annual effect on the American economy of $100 million or more—be approved by both the U.S. House of Representatives and the U.S. Senate before taking effect.
We also took aim at President Biden’s attempts, through the Federal Housing Finance Agency, to increase mortgage payments for homeowners with higher credit scores and redistribute those funds to individuals with low credit scores at a time when home mortgages are increasingly unaffordable. It is estimated that this policy could swell mortgage payments for responsible taxpayers from anywhere between $400 to $1,200 per year. Our Free Market Mortgage Act—which passed the House—repeals this unfair rule. On top of higher costs and unrelenting inflation, we should never stick our families with more taxes and more fees.
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What a way to run a business called the government. Politicians should have to run a business before they attempt to be a politician. The government is a business and needs to be treated as such. How many years have the Democrats been running it and still have not been successful. Look at us now.
The problem is the Democrats (Pelosi/Obama/One World Order) have been trying to fool the public with Biden. They knew he had dementia before the last election and why he stayed in the basement. And now, we have too many fingers running/handling the money and taking their share that they don’t have time to take care of the real government business.
And, end up blaming others – like today.
Biden/Harris own BIDENOMICS.
kommonsentsjane
kommonsentsjane 