Comments by "ashley bishop" (@ashleybishop7248) on "James Comer Announces A New Probe Against Tim Walz" video.
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@zippydoo9533 Harris proposes to fix 'corporate price-gouging' in food and groceries. Here's the problem: Food producers are super consolidated. A couple of big cereal manufacturers – Kellog’s and General Mills – control nearly 60% of the market. A single company – CalMaine – controls about 20% of the egg market. Four corporations control 85% of the beef industry and 75% of the pork industry.
Everything you see as you stroll down the grocery aisle – lettuce in Aisle 1, beer in Aisle 5, pretzels and potato chips in Aisle 9, ice cream in the frozen food aisle – is dominated by a handful of Big Food producers.
The pandemic gave these big food conglomerates an excuse to jack up the prices on grocery staples beyond what was necessary to cover increases in their costs from inflation or supply chain disruptions. Now we’re past the market shock of the pandemic. Corporation’s costs are coming down, and their profits are rising. But because of the lack of competition, companies are keeping prices high.
You pubs bitch constantly about inflation, but inflation isn't the problem - it's PRICES. And when a candidate proposes a plan to fix unfair and unnecessary price gouging, you complain about that, too. But go ahead and tell us what happened in other countries that gave the middle finger to corporate price gouging, because what we have NOW is the same thing communist countries have. The difference is who controls the food production -- the government or a monopolized corporation. The results are the same.
Our society is not and has never been based on a corporate oligarchy. Our founders did not imagine America to ever be one. It's the very reason we broke up Ma Bell. It's the reason we broke up AT&T, Western Electric, and tons of other monopolies. While we value free enterprise, hard work and ingenuity, we do not value exploitation. Competitive markets benefit everyone. In the absence of that, you have the proletariat vs. bourgeoisie. That's not us.
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