this post was submitted on 28 Jan 2025
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Summary

Vice President JD Vance claimed that Donald Trump’s policies will lower grocery prices, but he failed to provide details.

Instead, Vance emphasized vague goals like increasing capital investment and job creation.

Meanwhile, Trump’s recent tariff threats, including a 25% increase on Colombian coffee imports, have driven coffee prices higher, exacerbating grocery costs.

Critics note Trump's shifting narrative, as he now admits it is "hard to bring things down once they’re up."

Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.

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[–] [email protected] 23 points 2 days ago (1 children)

"Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee."

Almost like it was never about egg prices at all for alot of them

[–] [email protected] 1 points 22 hours ago

It was about instant coffee?

[–] [email protected] 80 points 2 days ago (3 children)

“The way that you lower prices is that you encourage more capital investment into our country,” Vance added.

This clown hasn’t a clue how the economy works.

[–] [email protected] 17 points 2 days ago* (last edited 2 days ago) (7 children)

There are only 3 ways to lower(that came to my mind) prices in a quick way.

1: Abandon regulations. If corporations don't have to invest into safety, ecology and such stuff they have lower production costs which can mean lower prices.

2: More competition. If corporations have to compete with each other they usually start a battle over who gets the best quality for the lowest price.

3: Subsidies. Nothing to say here I guess.

Edit: Point one and three lower production costs. As others have already pointed out, these dont mean lower prices, but more profit for companys

[–] [email protected] 21 points 2 days ago* (last edited 2 days ago) (1 children)
[–] [email protected] 6 points 2 days ago

Corporate has dispatched a kill team to your location.

[–] [email protected] 14 points 2 days ago

1: Abandon regulations. If corporations don't have to invest into safety, ecology and such stuff they have lower production costs which can mean lower prices.

I think corporations have pretty clearly demonstrated an unwillingness to pass savings in their production chain on to the consumer. For example, very few items have gone back down to their pre-pandemic price point, even though scarcity and supply chain issues from COVID have largely resolved.

[–] [email protected] 16 points 2 days ago (1 children)

Corporations don't willingly give up money. In circumstances like 1 and 3 they'll more likely just say "thanks for making line go up more" lol. COVID imposed some supply issues that I would assume are mostly mitigated by now, but I haven't seen costs decrease, only increase--so now we have record profits in many contexts. Subsidies can sometimes help, but it seems to me that the most effective subsidies (in terms of lowering cost) are those with significant, more powerful corporate players downstream (e.g., corn in the US) rather than those purchased by individual consumers who have comparatively little power.

I don't know that 2 is necessarily quick, but competition can indeed lower prices if a competitor can actually survive against the behemoths in their respective markets. In those instances, corporations can try to shape regulation to squash the upstarts while leaving the big players alone.

I'm not sure that government really has the ability to lower prices in a way that isn't somehow perverted by large corporate entities given the power they have.

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[–] [email protected] 9 points 2 days ago

Nationalize the companies involved in production and distribution and eliminate profit, making and selling everything at-cost also works.

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[–] [email protected] 6 points 2 days ago

It's all gonna trickle down any day now, right?

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[–] [email protected] 18 points 2 days ago (1 children)

Oh hey, that's his plan for healthcare costs too.

Funny enough, not his plan for how to resolve issues with minorities wanting rights

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[–] [email protected] 27 points 2 days ago

increasing capital investment and job creation.

So giving rich people money, same plan as the last forty years.

Brilliant.

[–] [email protected] 31 points 2 days ago (1 children)

You mean the man who said he had concepts of a plan didn't have a plan? Color me shocked.

[–] [email protected] 3 points 1 day ago

He once smelled someone’s seat who had the concept of a plan. That must count for something

[–] [email protected] 33 points 2 days ago

It seems like it's kept in the same binder Trump keeps his healthcare plan and his plan to end the war in Ukraine

Trump just wants to be president, he doesn't want to do president

[–] [email protected] 165 points 2 days ago (3 children)

The plan is to let prices go up (predictably, given tariffs) while forever promising people that prices will come down soon. I'm sure it will happen right after the wealth Reagan promised finally trickles down.

[–] [email protected] 43 points 2 days ago (1 children)

Ah, like Infrastructure Week 2.0

[–] [email protected] 26 points 2 days ago (1 children)

Ah, like the beautiful Healthcare Plan

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[–] [email protected] 11 points 2 days ago

Meanwhile they will keep finding and making enemies to blame the high prices on.

[–] [email protected] 13 points 2 days ago (2 children)

The actual Trickle Down economy: Getting drenched in a golden shower while waiting for your millions

[–] [email protected] 24 points 2 days ago

Fun fact: "trickle down economics" is just rebranded horse and sparrow economics. The idea being that if you overfeed your horse, it won't digest it all and the sparrow will be able to sift through the horse shit to find bits of food to eat.

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[–] [email protected] 113 points 2 days ago (1 children)

The republican plan is to lie and get elected so they can rape the nation. They don't care about citizens. They are here to make money and take yours.

[–] [email protected] 15 points 2 days ago

Conservatism is an oil drill trying to drill entire countries.

[–] [email protected] 22 points 2 days ago

Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.

Translation:

Let them eat cake

[–] [email protected] 14 points 2 days ago

Trump should tax the chickens and deport the ones who don't produce eggs. That'll scare the others to ramp up production. Trickle down theory for the win. /s

[–] [email protected] 82 points 2 days ago (8 children)

Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.

[–] [email protected] 51 points 2 days ago (22 children)

Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.

FFS. How many times were the Democrats and others declared "elitist" and "out of touch" when they pointed to ACTUAL indicators of a good economy under Biden?

Now, when prices jump, they are telling people to drink gawdawful shit like Taster's Choice? Gosh, that doesn't sound like mansplaining or paternalistic or elitist or all the other things I was told the Democrats supposedly were being....

I bet that fucker Kilmeade who I'm sure is being paid millions per year to be stupid on television is not going to be drinking shitty coffee himself. Everyone else can eat cake, though.

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[–] [email protected] 31 points 2 days ago (3 children)

Eggs.. Now coffee.. TIL conservatives hate breakfast.

[–] [email protected] 9 points 2 days ago (1 children)

It's because those gays run bed and breakfasts, up next on the docket for conservatives are beds.

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[–] [email protected] 48 points 2 days ago
[–] [email protected] 14 points 2 days ago (1 children)

There's only one way to lower prices. Extremely aggressive government action that will never happen, especially under a Trump adminstration.

First, they would have to hold Congressional hearings and drag the CEOs of these large corporations in front of the House to explain why their profit margins are going up far faster than normal inflation pressures should dictate, and why this trend started during the COVID pandemic. Let these CEOs try to explain away the price gouging and the profiteering. Hold CEOs in contempt if they refuse to answer or give one of those meaningless word salads of buzzwords meant to say a whole lot of nothing, and actually start jailing these bastards for 30 days for trying to tiptoe around it.

Tax profit margins that are above 2019 levels for the industry at 100%. If the average profit margin for the industry in 2019 was 5% and your company suddenly has a 10% margin in 2024, then tax that additional 5% at a 100% tax rate. Make price gouging both illegal and pointless since the government would just take it all anyway.

When CEOs start having to make regular trips to Washington to explain why their profits keep skyrocketing and the government comes in to take all that excess profit anyway, and watch prices come back down.

[–] [email protected] 5 points 2 days ago

This, but retroactively as well.

[–] [email protected] 16 points 2 days ago

Most of these clowns have no idea of how basic economics work. They don't even understand basic US history. We tried the tariffs and isolationism route, guess what happened? Great Depression.

[–] [email protected] 8 points 2 days ago

So… wait. A conservative laid out a rug, somehow got themselves elected, and then…. pulled it? As a big fan of rugs, I must say that I am very upset by this.

[–] [email protected] 13 points 2 days ago

Does this surprise anyone? I doubt they even have concepts of a plan, because they don't give a fuck.

[–] [email protected] 15 points 2 days ago

What a giant ass. He has nothing to offer at all. Just a fraud.

[–] [email protected] 13 points 2 days ago

We told you so.

[–] [email protected] 29 points 2 days ago (1 children)

Same as their healthcare plan.

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[–] [email protected] 28 points 2 days ago* (last edited 2 days ago)

Nothing will be done to help regular people. All the talk is cover for the grifting and destruction.

[–] [email protected] 18 points 2 days ago* (last edited 2 days ago)

suggesting cheaper alternatives (to coffee) like instant coffee.

I... I... I can't even. What do these people think instant coffee is? It's still fucking coffee. Freeze dryed concentrated coffee. You still need coffee beans to make it. The price hike will still make instant coffee more expensive too. You're. So. Fucking. Stupid. MAGA.

[–] [email protected] 2 points 1 day ago

Since when do pipes become replacements for periods?

[–] [email protected] 4 points 2 days ago

I can come up with a semi successful plan in five minutes, yet both democrats and republicans rather waddle their toes around because big businesses are in their pants, and democrats barely gain shit because they can't even win an election to begin with

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