Overinflated: The Journey of a Humble Tire Reveals Why Prices Are Still So High
From a rubber plantation in Southeast Asia to a repair shop in Mississippi, the story of a tire highlights the turmoil of the post-pandemic economy and its uncertain future.
They've also always had MUCH higher-than-average fast food #prices.
Portillo's can afford to pay better #wages, that's for sure. And their employees are among the most overworked & overstressed in the industry, from what I've seen.
It's currently owned by corporate giant #BerkshireProperties, after founder Dick Portillo sold the company (including several smaller restaurants, like #HoneyJamCafe) in 2014. #Berkshire went public in 2021.
My family has tended to be loyal customers, but we won't be crossing any picket lines, thank you-- not even for their chocolate cake.
Post #Brexit food checks start 2 be phased in on Wednesday, another dose of #BrexitMadness. When a country like UK slams up barriers with its friends this is the result. #Food#prices will rise yet again, this situation will continue until we #RejoinEU. With all the red tape involved one wonders whether #EU suppliers will give up on the UK market. Brexiteers should feel shame putting further burdens on UK people. https://www.bbc.co.uk/news/business-68135059
So you force #Ukraine to give up their nukes, you don't follow up with your "security assurances" when #russia first attacked. It's 2 years after the full scale invasion, and the aid for Ukraine is paused, and now you have the audacity to tell Ukraine to not attack russian #oil refineries because "think of the oil #prices 🥺"
Consumers in #Latvia are worried the most about the rising #prices of utilities, #electricity, and #food, according to a Norstat poll. #Consumers also said that they were "tired" of the rise in the price of #fuel, #healthcare, and clothes.
Just nipped in Asda.
The guy putting the prices up didn't even flinch when something went from £3.35 to £5.00.
Let me know what that % of increase that is, please? #costofliving #prices #interestrates #inflation
Don't think it isn't relevant to you if you don't live there, because it probably is. It certainly reflects trends many people have posted about in the #USA and the #UK, and I would bet it applies elsewhere, as well.
The #supermarket store chains use #marketing tricks of on-site #discounts, #coupons, and frequent shopper reward schemes, making it nearly impossible to know the real prices of items over time, and allowing companies to creep prices upwards unchecked. But this #DataAnalysis method clarifies how so many corporate profits increased so much post-Covid.
Take the time to read the whole thread. It's fascinating-- and eye opening.
#Inflation soared under President #Biden in 2021 & 2022, as the #economy emerged from the #pandemic recession [that began under Trump]. Its causes were complex, including snarled #SupplyChains, stimulative policies by the #FederalReserve &, to a degree, federal fiscal policies incl’ing #Covid relief bills signed by #Trump &…Biden.
What #Republicans call “Bidenflation” has become one of the president’s biggest liabilities in his rematch w/ #Trump. In response, #Biden has sought to simultaneously cheer #progress in #stabilizing or bringing down #prices — #growth has slowed sharply from a yr ago — while acknowledging the pain #voters still feel in their pocketbooks.
Biden has also attacked #corporations for pricing practices in certain sectors such as meatpacking, snack foods, concert tickets & gasoline.
Solar module prices dive to record low (www.pv-magazine.com) German
In a new weekly update for pv magazine, OPIS, a Dow Jones company, offers bite-sized analysis on solar PV module supply and price trends.