{"id":1211698,"date":"2022-01-12T16:04:51","date_gmt":"2022-01-12T21:04:51","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1211698"},"modified":"2022-01-12T16:04:57","modified_gmt":"2022-01-12T21:04:57","slug":"nolte-elizabeth-warren-launches-another-fact-free-attack-on-grocery-stores","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nolte-elizabeth-warren-launches-another-fact-free-attack-on-grocery-stores\/","title":{"rendered":"Nolte: Elizabeth Warren Launches Another Fact-Free Attack on Grocery Stores"},"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\">20<\/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-launches-another-fact-free-attack-on-grocery-stores%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=1211698&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\">Proving she\u2019s equal parts dishonest and stupid, Sen. Elizabeth Warren (D-MA) once again attempted to blame evil grocery store chains for inflation.<\/p>\n<p>During an appearance this week on far-left MSNBC, Warren argued in favor of using anti-trust laws against grocery store chains.<\/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<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">What happens when only a handful of giant grocery store chains like <a href=\"https:\/\/twitter.com\/kroger?ref_src=twsrc%5Etfw\">@Kroger<\/a> dominate an industry? They can force high food prices onto Americans while raking in record profits. We need to strengthen our antitrust laws to break up giant corporations and lower prices. <a href=\"https:\/\/t.co\/DMa9Z7adFr\">pic.twitter.com\/DMa9Z7adFr<\/a><\/p>\n<p>\u2014 Elizabeth Warren (@SenWarren) <a href=\"https:\/\/twitter.com\/SenWarren\/status\/1479465304795324422?ref_src=twsrc%5Etfw\">January 7, 2022<\/a><\/p>\n<\/blockquote>\n<p>Now what you got is a handful of giant [grocery store] chains, and then what happens\u2026? Kroger, their profits just in the third quarter of 2021 were almost $900 million. That was more than three times what their profits were during the same time period in 2019. Now, if they are able to expand profits, not expand prices, but to expand profit, that\u2019s because they have a lot of market dominance. If we move in with an anti-trust law, break up these giant corporations, then we get real competition.<\/p>\n<p>It\u2019s obvious what she\u2019s up to here\u2026 The same thing she was up to the <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/12\/22\/nolte-elizabeth-warren-blames-grocery-stores-for-price-explosion\/\">last time<\/a> she floated this deranged conspiracy theory\u2026 She\u2019s hoping to let His Fraudulency Joe Biden off the hook for the <a href=\"https:\/\/www.breitbart.com\/economy\/2022\/01\/12\/consumer-prices-rise\/\">record inflation<\/a> that is solely his fault. First, Biden\u2019s lunatic spending cheapened the dollar and increased prices.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>Second, Biden\u2019s supply chain mismanagement ensured that more demand than supply increased prices.<\/p>\n<p>And then, Biden\u2019s gobsmacking mismanagement of the China Flu resulted in personnel shortages that further damaged the supply chain, which again created more demand than supply and increased prices <em>even more<\/em>.<\/p>\n<div id=\"attachment_17807562\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-17807562\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/01\/biden-pulling-on-lip-AP.jpg\" alt=\"\" width=\"640\" height=\"480\" \/><\/p>\n<p class=\"wp-caption-text\">President Joe Biden listens during a virtual meeting Monday, Aug. 30, 2021, in Washington. (AP Photo\/Evan Vucci)<\/p>\n<\/div>\n<p>The facts are this\u2026 Grocery stores operate on some of <a href=\"https:\/\/csimarket.com\/Industry\/industry_Profitability_Ratios.php?ind=1305&amp;hist=8\">the smallest profit margins<\/a> of any business out there. Theirs is a volume business, not a profit-margin business.<\/p>\n<p>Additionally, once you understand that grocery stores are a volume business, you understand why their profits exploded during the third quarter of 2021. That\u2019s when omicron hit. That\u2019s when people started stockpiling groceries again. Also, Because of the virus, fewer people are going out to eat, which means they are eating at home, which means they are buying more groceries.<\/p>\n<p>More people than ever are working out of their homes, which means they are eating at home rather than going out.<\/p>\n<figure id=\"M-ROS-B3\" class=\"a8d adSo\"><\/figure>\n<p>As far as competition in my small town, there are six different grocery stores competing for my business within about two square miles. So the idea that there\u2019s some sort of price gouging going on is absurd.<\/p>\n<p>What does this fake Indian believe? That ALL OF A SUDDEN, after decades and decades, the grocery stores all got together to gouge their customers during a pandemic? That ALL OF A SUDDEN, after decades and decades, they decided to risk prison by fixing their prices during the third quarter of 2021?<\/p>\n<figure id=\"D-ROS-B2\" class=\"a8d\"><\/figure>\n<p>When\u2019s the last time Lieawatha went grocery shopping? Honestly, a stroll through almost any grocery store will give you an idea of the supply and demand issues by way of all the empty shelves.<\/p>\n<p>Here\u2019s an excellent rebuttal to Warren\u2019s lies\u2026<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">For those arguing recent inflation surge &amp; higher profits are being driven by corporate greed\/increased concentration\/etc (rather than demand) \u2014 do you believe plunges in inflation &amp; profits in early 2020 were driven by companies becoming more altruistic, less concentrated? <a href=\"https:\/\/t.co\/j1Feu09Ljx\">pic.twitter.com\/j1Feu09Ljx<\/a><\/p>\n<p>\u2014 Catherine Rampell (@crampell) <a href=\"https:\/\/twitter.com\/crampell\/status\/1481290621298122752?ref_src=twsrc%5Etfw\">January 12, 2022<\/a><\/p>\n<\/blockquote>\n<figure id=\"M-ROS-B4\" class=\"a8d adSo\"><\/figure>\n<p>That Is THE key question: \u201c[D]o you believe plunges in inflation &amp; profits in early 2020 were driven by companies becoming more altruistic, less concentrated?\u201d<\/p>\n<p>Riddle me this Pocahontas\u2026 If Democrats are so concerned with Big Grocery Chains, why did Democrats close small businesses and allow Big Grocery Chains to remain open during their anti-science lockdowns?<\/p>\n<p>There are only two reasons grocery store prices are so high: JOE and BIDEN.<\/p>\n<p>If Warren were genuinely concerned about monopolies and anti-trust issues, she would go after Big Tech and teachers\u2019 unions.<\/p>\n<p><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>Proving she\u2019s equal parts dishonest and stupid, Sen. Elizabeth Warren (D-MA) once again attempted to blame evil grocery store chains for inflation. During an appearance this week on far-left MSNBC, &#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-1211698","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\/1211698","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=1211698"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1211698\/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=1211698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1211698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1211698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}