{"id":1141147,"date":"2021-12-22T09:04:16","date_gmt":"2021-12-22T14:04:16","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1141147"},"modified":"2021-12-22T09:04:21","modified_gmt":"2021-12-22T14:04:21","slug":"nolte-elizabeth-warren-blames-grocery-stores-for-price-explosion","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nolte-elizabeth-warren-blames-grocery-stores-for-price-explosion\/","title":{"rendered":"Nolte: Elizabeth Warren Blames Grocery Stores for Price Explosion"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnolte-elizabeth-warren-blames-grocery-stores-for-price-explosion%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1141147&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"subheading\">Sen. Elizabeth Warren (D-MA) is blaming grocery stores for the explosion in food prices.<\/p>\n<p>This week, Warren sent a letter to the heads of Kroger, Albertson\u2019s, and Publix&nbsp;\u2014 a letter she shared \u201cexclusively\u201d with her left-wing allies <a href=\"https:\/\/web.archive.org\/web\/20211219025122\/https:\/www.nbcnews.com\/business\/consumer\/food-suppliers-blame-inflation-price-hikes-lawmakers-say-padding-bill-rcna9200\">at NBC News<\/a> \u2014 accusing the grocery chains of price gouging.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>\u201cYour company, and the other major grocers who reaped the benefits of a turbulent 2020, appear to be passing costs on to consumers to preserve your pandemic gains and even taking advantage of inflation to add greater burdens,\u201d Lieawatha <a href=\"https:\/\/www.nbcnews.com\/business\/consumer\/food-suppliers-blame-inflation-price-hikes-lawmakers-say-padding-bill-rcna9200\">wrote<\/a>.<\/p>\n<p>\u201cYour companies had a choice: They could have retained lower prices for consumers and properly protected and compensated their workers,\u201d she added, \u201cor granted massive payouts to top executives and investors.\u201d<\/p>\n<p>\u201cIt is disappointing that you chose not to put your customers and workers first.\u201d<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>This is pure demagoguery and a shameless attempt to blame-shift away from the serial failures of His Fraudulency Joe Biden.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"5.6\">\n<p lang=\"en\" dir=\"ltr\">How bad are grocery prices in your local supermarket? <a href=\"https:\/\/t.co\/2wIsjGNYYE\">https:\/\/t.co\/2wIsjGNYYE<\/a><\/p>\n<p>\u2014 Breitbart News (@BreitbartNews) <a href=\"https:\/\/twitter.com\/BreitbartNews\/status\/1447541798885277696?ref_src=twsrc%5Etfw\">October 11, 2021<\/a><\/p>\n<\/blockquote>\n<p>Are we honestly supposed to believe that after decades \u2014 and I do mean <em>decades<\/em> \u2014 of ridiculously cheap and plentiful food that all the big grocery stores chose now, <em>right now<\/em>, to huddle together in an illegal conspiracy to raise prices?<\/p>\n<p>Basically, she\u2019s asking a business that operates with some of the lowest <a href=\"https:\/\/csimarket.com\/Industry\/industry_Profitability_Ratios.php?ind=1305&amp;hist=8\">profit margins<\/a> of any American industry (in the two percent range) to absorb the added costs of Biden\u2019s failures, namely 1) inflation, 2) supply chain shortages, and 3) exploding fuel costs.<\/p>\n<p>Compare grocery chain profit margins to airlines (<a href=\"https:\/\/csimarket.com\/Industry\/industry_Profitability_Ratios.php?ind=1102\">seven percent<\/a>), electric utilities (<a href=\"https:\/\/csimarket.com\/Industry\/industry_Profitability_Ratios.php?ind=1201\">seven to nine<\/a> percent), alcoholic beverages (<a href=\"https:\/\/csimarket.com\/Industry\/industry_Profitability_Ratios.php?ind=501\">five to seven<\/a> percent), restaurants (<a href=\"https:\/\/csimarket.com\/Industry\/industry_Profitability_Ratios.php?ind=914\">nine to 11<\/a> percent)\u2026 But grocers are the problem?<\/p>\n<figure id=\"M-ROS-B3\" class=\"a8d adSo\"><\/figure>\n<p>In my little town, off the top of my head, I can think of six separate grocery store chains operating within a square mile or three: Walmart, Lowes Foods, Publix, Harris Teeter, Food Lion, and Ingles. The competition for your grocery dollar is fierce, which is true just about everywhere.<\/p>\n<div id=\"attachment_19220258\" class=\"wp-caption alignnone\" readability=\"36\"><a href=\"https:\/\/media.breitbart.com\/media\/2021\/12\/GettyImages-1352749238.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-19220258\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/12\/GettyImages-1352749238-1024x693-1.jpg\" alt width=\"990\" height=\"670\" \/><\/a><\/p>\n<p class=\"wp-caption-text\"><em>U.S. consumer prices have increased solidly in the past few months on items such as food, rent, cars and other goods as inflation has risen to a level not seen in 30 years. The consumer-price index rose by 6.2 percent in October compared to one year ago. (Mario Tama\/Getty Images)<\/em><\/p>\n<\/div>\n<p>Grocery stores don\u2019t make money off profit margins. The grocery business is a <em>volume<\/em> business, and this is one of the great blessings of living in America, in a capitalist society\u2014cheap and plentiful food. Food is so cheap and plentiful, America\u2019s poor no longer fear hunger.<\/p>\n<figure id=\"D-ROS-B2\" class=\"a8d\"><\/figure>\n<p>Instead, America\u2019s poor have an obesity problem. This is a miracle, and unless you take the time to understand human history or are old enough (like my dad) to remember when a whole lot of Americans couldn\u2019t afford to keep their bellies full 24\/7, you can\u2019t begin to appreciate what a miracle this is.<\/p>\n<p>But to Warren\u2019s anti-science way of thinking, all of a sudden \u2014 hey, what a coincidence! \u2014 in the middle of the worst inflation in 40 years, inflation brought on by Joe Biden\u2019s cheapening of the currency through lunatic and unnecessary spending, the grocery chains all got together to form an illegal monopoly-type agreement to stiff their customers and workers.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"6.7222222222222\">\n<p lang=\"en\" dir=\"ltr\">Have you noticed that your grocery shopping prices are soaring? You&#8217;re not alone\u2026 <a href=\"https:\/\/t.co\/NsBEke9nyA\">https:\/\/t.co\/NsBEke9nyA<\/a><\/p>\n<p>\u2014 Breitbart News (@BreitbartNews) <a href=\"https:\/\/twitter.com\/BreitbartNews\/status\/1437223964716277762?ref_src=twsrc%5Etfw\">September 13, 2021<\/a><\/p>\n<\/blockquote>\n<figure id=\"M-ROS-B4\" class=\"a8d adSo\"><\/figure>\n<p>You see, thanks to Joe Biden\u2019s obscene war on affordable energy, gas prices are up over 50 percent, but that has nothing to do with food prices.<\/p>\n<p>Thanks to Joe Biden and Transportation Secretary Pete Buttigieg\u2019s gross apathy and incompetency, America is facing an unprecedented supply chain crisis. Still, according to Warren, that has nothing to do with food prices.<\/p>\n<p>With Pocahontas, you never know if she\u2019s being a mercenary liar and opportunist or just an idiot.<\/p>\n<p>Either way, she\u2019s a shrill cancer on the truth.<\/p>\n<p>Inflation, especially at the grocery store and most especially at the fuel pump, is 100 percent the fault of Joe Biden and the Democrats. Their policies are killing the poor, working poor, and working class. If Warren truly cared about food prices, she\u2019d be demanding the government stop spending and start drilling.<\/p>\n<p><strong><em>&nbsp;<\/em><\/strong><strong><em>Follow John Nolte on Twitter <\/em><\/strong><a href=\"https:\/\/twitter.com\/NolteNC\"><strong><em>@NolteNC<\/em><\/strong><\/a><strong>. <em>Follow his Facebook Page <\/em><\/strong><a href=\"https:\/\/www.facebook.com\/JohnNolteNC\/?skip_nax_wizard=true\"><strong><em>here<\/em><\/strong><\/a><strong><em>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sen. Elizabeth Warren (D-MA) is blaming grocery stores for the explosion in food prices. This week, Warren sent a letter to the heads of Kroger, Albertson\u2019s, and Publix\u00a0\u2014 a letter &#8230;<\/p>\n","protected":false},"author":9,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1141147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1141147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1141147"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1141147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1141147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1141147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1141147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}