(11-19-2024, 02:45 PM)HURRICANE!!! Wrote:

(11-19-2024, 01:43 PM)TDOSS Wrote: When grocery prices rise exponentially next year because of the mass deportation of the people that produce our food and bring it to market. Who will MAGA’s blame?

There won't be a mass deportation but rather a tightening of the borders.

You sure about that? 

https://abcnews.go.com/Politics/tru...al...=115963448

Quote:What we should be restricting is the H1B1 Visas in which people are coming in from India & China taking our preferred IT and other technology jobs.

Hello? The cap on H1B's is 60,000 per year. That's 0.04% of the workforce. Tech has used H1B's for decades. It's not a problem.

Quote:Regarding inflation related to groceries, one needs to look no further than the Publix financial statements to see they are not simply passing on increased costs but rather keeping prices inflated while their costs have gone down.

Sorry, turns out that's not true.

https://finance.yahoo.com/news/claims-in...10612.html

As to corporate profits and inflation, there is a minor issue here -- namely that profit margins soared after the 2008 recession; margins were much lower before then. They did go up after 2020, but probably not as much as you'd think. I.e. figuring out how much of inflation is due to corporate profit-taking would require a bit of work to suss out.

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