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  Time will tell if the guy in this 4-year-old video is the same person (politically-speaking) who'll be New York City's mayor starting in 2026. 

 

 

 Richard Wolff answers in this conversation about the latest tariffs:

Not sure, but eggs are getting expensive again : Supermarket prices are no longer skyrocketing – except, of course, if you’re buying eggs. Egg prices spiked by 28.1% in August from 12 months ago, easily the biggest increase out of any food item tracked by the Bureau of Labor Statistics. The sticker shock in the egg aisle comes even as overall grocery prices are barely budging (up less than 1% in August from last year) and inflation cools across the US economy. The main culprit for rising egg prices is a familiar one: bird flu. Birds are getting sick, and that means fewer eggs and higher prices at the grocery store. “Bird flu is the number one reason for higher prices, absolutely,” said Phil Lempert, a grocery industry analyst and editor of SuperMarketGuru.com. [SNIP] Still, the current BLS average of $3.20 per dozen eggs remains high. Before Covid-19, eggs never hit $3 per dozen, according to BLS data going back to 1980. Now Americans are paying nearly twice as much for eggs as before ...

 

  Yellen (who's net worth is $20 million) doesn't seem to think that a 20% increase in food costs (since before the Pandemic) is a big deal . Naturally , Yellen is getting slammed for being so grossly out of touch .

 

 From Yahoo! Finance : Days after the CEO of Kellogg’s KLG suggested that inflation-weary families should eat cereal for dinner, some outraged consumers pointed out that the cereal and snack company had raised its own prices in recent years and called for a three-month boycott of Kellogg’s products. The boycott, proposed on TikTok, would run from April 1 to June 30 and calls for customers to purchase products from other companies in order to send Kellogg’s a message during the second quarter of its fiscal year. They’re also demanding that Kellogg’s lower its prices. “There’s no reason for you to jack up your prices the way you did, except to screw us,” one TikTok user said in a video with 2 million views and more than 300,000 likes, and counting, as of Friday. “And you know what? Now we’re going to screw you — while eating some other brand’s cereal.” “Inflation has continued to rise year over year over year, and they continue to do nothing about it,” added another TikTok user calli...

 Everything but greedy owners is being blamed; imagine that:

 Looks like when disposable income is at a premium, places like Target and Walmart pay the price. 

Combine racist policies with a lack of infrastructure needed to generate generational wealth and top it off with a recession, and you get financial trouble for minorities .

Have you ever gone to a store like Target or Walmart in person, find an item you want then discover that when you go to have it rung up the price is more? You would find the cashier or manager or someone to get it resolved. Well, thanks to our capitalistic nature, online shopping gives us a similar experience : If you've shopped online recently, you may have had this experience: You find an item, add it to your cart, and then when you get around to paying, the price has increased. You can thank pricing algorithms. These are computer programs that look at factors such as supply, demand and the prices competitors are charging, and then adjust the price in real time. Now, there are calls for greater regulation at a time when these tactics are expected to become more common. "A key thing about the algorithm is that given different inputs, like, say, time of day or weather or how many customers might be showing up, it might decide on a different price," said Harvard economics...

 It should be clear to most that the reason Joe Biden has low poll numbers is not only did he not push for things his party's base wanted (Medicare For All, student debt forgiveness) but he failed on things he said he would do ($15 minimum wage, $2,000 stimulus checks). And that's not even going into how his Administration threw up their hands after a tepid COVID-19 vaccine rollout, his photo op that passed as troop withdrawal from Afghanistan, the Russian saber-rattling and soft support for Ukrainian Nazis that led to a new war in Europe or the inflation that came as a result of that mess. Nevertheless, it wasn't supposed to be a problem for Joe Biden. Out of all of the Democratic primary candidates for 2020, he was the one who could reach across the aisle and work with the GOP to get things done (never mind that this was also the claim of Bill Clinton and Barack Obama when they either campaigned or got elected). Of course, we know how this song ends. The Democrats claim t...

 Because of rise in food and gas prices, discretionary spending is down meaning stores like Target have an excess of goods .