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MIM307

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Everything posted by MIM307

  1. You know huh? When was the last time you needed a tampon in a public Weren't you screaming about mask mandates a few months ago? How dare the government tell you what to do with your body? Educate yourself on the definition of hypocrisy. And if you find a tampon in your little boys room, feel free to stick it.
  2. It is a huge joke. If Fed knew anything about tampons and sanitary napkin dispensers in bathrooms, he would know that they are always empty or if they have any in the machine they are from circa 1980. But is a great example of when men assume they know what goes on in society for women.
  3. The greenhouse on 410 is called Scenic Hill. They had very healthy plants and excellent prices. Very pleased!
  4. Thanks, Cacao. I'm hoping to get an early start on my greenhouse hopping tonight. I did find out that the Amish Greenhouse is open until "dark." Then I'll hit up the Brockway FFA one at the high school on Saturday morning and maybe Kemmer's in Kersey too. Tis the season!
  5. Does anyone know the hours of the Amish Greenhouse in Troutville this Spring?
  6. 1 of 4 articles I posted quoted the White House on the topic for inflation, as it related to price gouging. For 2 sentences. So that makes me a socialist? What did the other 3 articles say? Anything from the White House? Or did they just quote the greedy corporate heads justifying the price raises for their own benefits? It's pretty telling you have yet to acknowledge they do in fact back up my opinion. You don't have agree with my opinion but telling me it's not based in facts, supported by the articles I posted, is BS. I've made my point. You can keep dodging and spinning to avoid seeing what I said and proved with sources. I have nothing more to add to this conversation.
  7. Where am I promoting the government and it's socialist ways??? Where did I say I wanted the government to control everything??? I stand behind my words, my opinion, and my sources. You don't have to agree with a thing I say, but I'll be damned if you are going to tell me I am doing/saying something I'm not just to fit your agenda. Talk about a socialist.
  8. Wrong. READ IT AGAIN.
  9. So read one of the other 3 I posted that doesn't quote the White House. I'll wait.
  10. Bingo. That was my initial opinion you had such an issue with. Companies will continue to raise prices until the consumer won't pay them.
  11. AND THERE IT IS....BLAME THE SOURCE!!! Lol. You are so predictable. Read any of the other articles I posted. The White House isn't quoted but you won't bother to do that.
  12. There's 3 sources to back up my opinion that food corporations are raising prices because the consumer will pay them. These corporations are hiding behind the raising inflation as their reasoning, but as referenced in several of the above articles, they are increasing prices because the consumer will pay the prices. The pandemic killed many small businesses. The government's restrictions killed the ones that survived the initial pandemic shut downs. Large corporations, especially those in grocery store industry, are profiting from the pandemic at record levels. The government holds the responsibility for inflation. The corporations' greed holds the responsibility for raising prices at grocery stores.
  13. https://www.salon.com/2022/02/17/giant-producers-are-profiteering-off-inflation--and-bragging-about-it-too/ On an earnings call with analysts Thursday, Rodney McMullen, CEO of the supermarket retail company Kroger, said the company "operates the best when inflation is about 3% to 4%," adding that "a little bit of inflation is always good in our business," according to CNN. The CEO also noted that the increasing cost of goods, fundamentally driven by soaring demand and a supply chain backlog, can be passed off to consumers because they "don't overly react to that." During the final quarter of 2021, Tyson's average price of beef rose by roughly 31%. The company's share price shot up by 11% on Monday after it reported profits that doubled in the first quarter of 2022, according to Reuters. Last month, Procter & Gamble — which manufactures or distributes a wide range of cleaning and hygiene items as well as food, snacks and beverages — said on Wednesday that the company expects profits to increase into 2022, even as the cost of labor, freight and raw materials continues to rise, according The Wall Street Journal. "The consumer is very resilient and very focused on these categories of clean home and health and hygiene," P&G finance chief Andre Schulten told the Journal.
  14. https://news.wttw.com/2022/04/04/profits-meat-producers-soar-amid-allegations-price-gouging “Certainly the industry does face some genuine supply chain disruptions … but this is also a highly concentrated industry,” said Kelloway. “If these companies were just passing on their increased costs of production we wouldn’t see their profits increase. But not only are they not just maintaining their current profits, they’re rising at record levels.” According to the White House, net profits for the top meat producers are up over 300% since 2019. It said in a January briefing note that one large meat-processing firm told investors on an earnings call that by increasing the price of beef by 35% it made record profits in the fourth quarter of 2021 despite selling less beef than a year earlier.
  15. https://www.globenewswire.com/news-release/2022/02/10/2383308/0/en/Food-Manufacturers-Surprise-Profitability-Set-to-Continue.html From February 2022: “We believe that consumer food spending habits, which have become firmly entrenched after two years of the pandemic, will persist for a good while even if COVID fades into the background by mid-year,” said Rob Fox, director of CoBank’s Knowledge Exchange. “The combination of tailwinds from the pricing actions now taking full effect with the continuing strong consumer demand means retail food manufacturers will continue to enjoy strong profits in 2022.” When COVID did not fade away in 2021 as anticipated and grocery demand remained robust, food companies were able to adjust pricing, and profit margins generally remained intact. Since the initial COVID wave in March of 2020, total weekly grocery sales have averaged 15% higher than pre-pandemic levels. The simple average of operating profit margins from 66 publicly traded food manufacturers and processors shows that profit margins remained strong and even widened in calendar Q3 of 2021. Recent earnings guidance from food manufacturers suggests strong profit margins will persist when Q4 results are unveiled in the coming weeks. In fact, strong unit sales on top of pricing actions likely drove many food companies to record incomes in 2021.
  16. This article, from MARCH 2020 highlights companies/sectors that may/expect feeling the pinch of COVID. Travel, clothing, tech, hotels, etc all make sense that they would see losses. The food companies highlighted are responding to how the outbreak in China may effect their business. Hormel Hormel in February reaffirmed its fiscal 2020 sales and earnings guidance. “We have started to see a negative impact on our business in China from the coronavirus outbreak, but we are not yet able to forecast the impact for the remainder of the year,” the company said. McDonald’s McDonald’s management called the coronavirus “concerning” on its earnings call in January. We have closed all restaurants in the Hubei province, which is several hundred restaurants that have been closed,” McDonald’s CEO Chris Kempczinski said to investors on the call. Papa John’s Papa John’s said it has temporarily closed 50 franchised stores in China as a result of the coronavirus and reported a decline in same-store sales for the year. The company has seen a countrywide sales impact year to date, with sales in China down mid- to low double digits year over year, CEO Rob Lynch said in an interview with CNBC. Starbucks Starbucks expects that temporarily shuttering stores in China will hit its second-quarter revenue in the country by $400 million to $430 million. The closures are also likely to result in a 50% decline in its same-store sales in China. The company said it plans to provide an update on April 28 to its fiscal 2020 outlook, which currently excludes the impact of the virus. Two years later, did these companies see the losses in China they expected? Probably. Are they seeing losses in the US? The topic at hand is the profits food producing/selling companies are making in the US in late 2021/2022.
  17. 66% currently but might step it up to 80% later on. How about yours?🍻
  18. It appears you are the one that doesn't know. I don't make assertations on here without knowing something to be true. Feel free to take your pick of any number of articles on the topic because when I post an article you scream "Bad source!" "Liberal" "MSM" etc.
  19. Did you forget how to Google? Give a man a fish and he'll eat for a day. Teach a man to fish and he'll never be hungry.
  20. Just to be clear, I'm not saying supply chain issues are driving prices up. I'm saying retailers are marking up prices and consumers are paying those prices. Until the consumer stops paying the price will keep going up. Corporations are reporting record profits even in the face of increased production costs. The consumer is continually told to "tighten their belts" while corporations get fat.
  21. Inflation definitely plays a roll in price increases but retailers, and even local businesses, are going to keep rising prices until demand for them backs off. If a retailer can sell a sandwich for $2 and then $2.50 and then $3 and then $3.50 they are going to keep raising the cost until the consumer says "nope - not paying that price for a sandwich." Inflation isn't driving that pricing process, supply and demand is. Inflation comes into play when the retailer can't afford to sell the sandwich for less than $3.50 due to inflation costs. Now they either have to stop making the sandwich or find a market that will buy a $3.50 sandwich. I see pricing increases, in my day-to-day shopping, related more to supply and demand than inflation.
  22. Grocery stores haven't been fully stocked since February 2020. I can't remember the last time I was able to find everything on my list at 1 store. It has involved multiple orders and stops every time I have went since the pandemic started. There have been many times I haven't been able to find something at all or had to make do with a less than ideal substitute. Not sure how that's Biden's fault...or Trump's for that matter. Supply and demand = price increases. Basic economics. Corporations are gonna keep pushing prices up until demand goes down.
  23. Is there even still a Debate Forum?? I assumed it had been dissolved with all the political posts on the main forum for the past few years.
  24. I stand by my assessment. Classless post. Defending a classless action by claiming to have offered prayers and good wishes rings even more hollow. Own your actions.
  25. Truth does hurt. It was a classless post. Your prayers and good wishes fall empty after this kind of post.
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