General Discussion

W_HAMILTON

(8,570 posts)

20. "The solution to higher prices is higher prices."

Wed Nov 27, 2024, 04:17 PM

Nov 27

If Americans were struggling as everyone claims, our inflation problem would have been nipped in the bud almost as soon as it began since people wouldn't be able to afford the higher prices and companies would therefore have no choice but to reduce prices or lose out on sales. Of course, everyone wants prices to go back to what they were pre-pandemic -- well, everyone other than the companies profiting off the increased prices -- and we all would prefer paying lower prices than higher prices, but yet we are still paying the higher prices because we are able to (thanks, Biden!), which is why the higher prices persisted.

PS - I don't think exit polls have been finalized just yet, but the lowest incomes -- and presumably those that would be struggling the most -- favored Biden/Democrats over Trump/Republicans.

Edit history

Please sign in to view edit histories.

Recommendations

4 members have recommended this reply (displayed in chronological order):

Blues Heron Scrivener7 amortus716 dickthegrouch

36 replies

= new reply since forum marked as read

Highlight:

Curious about DU's economic strata [View all] Sympthsical Nov 27 OP

I wonder where the Duers who keep harping on about how good the economy is fits in here. SunImp Nov 27 #1

"Harping"? maxsolomon Dec 5 #36

We we're planning a major upgrade inside our house, but we've put that off indefinitely. CrispyQ Nov 27 #2

We saved to do the same since son and gra sonmoved home Lifeafter70 Nov 27 #28

I bounce between Comfortable and Stable... Innocent Smith Nov 27 #3

There was one a couple of years ago XanaDUer2 Nov 27 #4

Given age demographics Sympthsical Nov 27 #6

This is a bad idea leftstreet Nov 27 #5

People have been honest about such things in the past Sympthsical Nov 27 #10

Maybe a poll asking how members perceive others are doing in US leftstreet Nov 27 #11

I didn't think it was a good idea at first. Mike 03 Nov 27 #22

Threadbare at best mvd Nov 27 #7

If you and your mom cannot get affordable housing XanaDUer2 Nov 27 #8

Hard to say. But my mom has a good lawyer mvd Nov 27 #12

I'm saying this out of concern... XanaDUer2 Nov 27 #13

I do think about it a lot mvd Nov 27 #16

Good luck XanaDUer2 Nov 27 #17

My adult life has run the strata GreenEyedLefty Nov 27 #9

Poverty is expensive Sympthsical Nov 27 #14

I have "poverty brain" too, but a little different Just_Vote_Dem Nov 27 #25

...rotate through streaming services... yardwork Nov 27 #26

My old cars always knew XanaDUer2 Nov 27 #15

My Toyota RAV4 is almost 24 years old. Mike 03 Nov 27 #21

I had grinded up to stable and now am back to paycheck to paycheck TheKentuckian Nov 27 #18

A Post About DU Prairie Gates Nov 27 #19

"The solution to higher prices is higher prices." W_HAMILTON Nov 27 #20

We're all about to get a lot poorer. Scrivener7 Nov 27 #23

Pass ProfessorGAC Nov 27 #24

Do tell! Abolishinist Nov 28 #31

This message was self-deleted by its author happybird Nov 27 #27

Reinvented myself 4 times Kilgore Nov 27 #29

Damn Polybius Nov 28 #30

I've come back from the brink of bankruptcy twice dickthegrouch Dec 5 #35

Most of the older members already know about me. Lady Freedom Returns Nov 28 #32

I'm stable right now, but I'm not sure how long I can be there. kerry-is-my-prez Nov 28 #33

Americans not in the habit of saving money as some other countries are. Not so much about how much you make, it's betsuni Nov 28 #34