The other morning after my wife went to our local grocery store, she said, “Why is everything so expensive? I refuse to buy soda in there, as their price is outlandish. In addition I absolutely refuse to buy any celery at that store! Why is the price of food so high?”
While I could have answered simply that it is because Bidenomics’ is a sham, instead I tried to approach that question logically, and my off the cuff answer was that it is basically all about the cost of energy. The price of gas out here in California is still upwards to $4.50 a gallon and everything must be transported to the grocery store by truck, and as the cost of gas goes up, the cost of everything goes up.
Also here in California the minimum wage continues to go up and up, and thus certainly this contributes to the wages of those who work in the grocery stores. In essence who ends up paying the salaries of the grocery store employees? … the consumer does!
Look at the chart below. For the thirty-six months of Biden’s time in office, the price of groceries has gone up over 20%. Granted that while Joe is probably not cognizant of the increases in food prices since he not been to a grocery store in years, and perhaps not in a decade, I would hope that his advisers could tell him what the cost of food is like in the real world.
After looking more closely at this chart, maybe a more accurate answer to my wife would have been, “The price of food is so high, because of Bidenomics! Besides, in reality, celery is not essential, and who likes celery anyway?”
4/5/24