Tyson had better be careful here. Stalin had “profiteers” shot. And plenty of folks in DC today think that Stalin was a swell guy.
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I wonder if labor supplies would be as tight if they reverted to previous lengths for which you could draw unemployment benefits.
Some European countries use a system where, if you are drawing unemployment or welfare, you still need to show up for work at a gov’t building for work each day. You might be cleaning toilets, sweeping streets, but you will be working. It seems people realize that working in the private sector pays more and, as a result, welfare and unemployment rates are noticeably shorter there.
Sounds like the world is headed for a huge Reset. Might not work out exactly like the planners anticipated.
Let’s go Biden
New business model. Produce less product and raise prices. The end game is no product at an infinite price. Brilliant.
When it comes to food prices, what goes up almost never comes back down except for brief sales or limited selections.
So, don’t expect any ‘giving back’ grand gestures from Tyson.
There is a fine line between rules of Capitalism and practices of Price Gouging. Think Pharma Bro.
At the meat bin in the grocery store yesterday a man was standing next to me and “These high prices are ridiculous.”
Me: “Thanks a lot, Joe Biden.:
Him: “No kidding.”
Me: “Jerk”
Him: “Can’t you come up with something better than ‘jerk’?”
Me: “I definitely can, but I won’t.”
The food isn’t any more or less scarce. The transportation costs have risen, so the price has to rise to keep up.