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2024 Election Thread

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I get that prices of *gestures broadly* everything has increased the last few years, but how much of this was magnified due to the pandemic?

We had a couple years of zero increase and all of a sudden everyone wanted all of the things and production finally caught up. Yes we had wild inflation but IMO that's what we get for spiking all goods in the negative then positive in such a short time.

Shrinkflation has been occurring for decades. It was just put under a microscope the last few years.
 
aparch said:
I get that prices of *gestures broadly* everything has increased the last few years, but how much of this was magnified due to the pandemic?

We had a couple years of zero increase and all of a sudden everyone wanted all of the things and production finally caught up. Yes we had wild inflation but IMO that's what we get for spiking all goods in the negative then positive in such a short time.

Shrinkflation has been occurring for decades. It was just put under a microscope the last few years.
Click to expand...

The magnification is the reason it was so noticeable.

I use pop as a main example since it been stuck in my head lately:

2019: 12-Packs had a "list" price of like $4.99 but were "perpetually" on sale with prices between $2.50-$3.
2023: "List" Price $8.99 and Sale prices $4-6.

Normally this was hidden cause things just crept up gradually. But along with the sharp jumps during the pandemic, you were also forced to buy whatever was on the shelf at the time. It truly was a take it or leave it scenario. You couldn't just opt for a different brand or just wait for the following weeks sale.

And since consumers adopted to those prices, companies just kept them around since there wasn't an alternative. Companies can't really "shrink" a can of pop since 12oz is widely accepted as the standard. So you basically have seen prices double in a 4 year span. I don't think production costs have doubled over that time.
 
RaceBoarder said:
The magnification is the reason it was so noticeable.

I use pop as a main example since it been stuck in my head lately:

2019: 12-Packs had a "list" price of like $4.99 but were "perpetually" on sale with prices between $2.50-$3.
2023: "List" Price $8.99 and Sale prices $4-6.

Normally this was hidden cause things just crept up gradually. But along with the sharp jumps during the pandemic, you were also forced to buy whatever was on the shelf at the time. It truly was a take it or leave it scenario. You couldn't just opt for a different brand or just wait for the following weeks sale.

And since consumers adopted to those prices, companies just kept them around since there wasn't an alternative. Companies can't really "shrink" a can of pop since 12oz is widely accepted as the standard. So you basically have seen prices double in a 4 year span. I don't think production costs have doubled over that time.
Click to expand...

Yeah there's no chance. Pop syrup is a commodity chemical for all practical purposes. You basically make a gazillion gallons at a time or you make it continuously. The only highly variable costs are feedstocks and energy. Labor hasn't doubled, so nix that.

gas has been flat for the last year and down over the last several. So transportation costs aren't it. Energy costs have been somewhat flat IIRC, maybe slightly higher. Sugar has indeed doubled in five years, so maybe HFCS has too and maybe that explains it?
 
dxmnkd316 said:
Yeah there's no chance. Pop syrup is a commodity chemical for all practical purposes. You basically make a gazillion gallons at a time or you make it continuously. The only highly variable costs are feedstocks and energy. Labor hasn't doubled, so nix that.

gas has been flat for the last year and down over the last several. So transportation costs aren't it. Energy costs have been somewhat flat IIRC, maybe slightly higher. Sugar has indeed doubled in five years, so maybe HFCS has too and maybe that explains it?
Click to expand...

I just picked the pop example because it was something that was fresh on my mind... Profits have risen at a higher rate than inflation. So even if you adjust for inflation, companies are making more money today than they did in the past. Those extra profits are directly from unjustified price increases. That was the point I was trying to make.

Coke/Pepsi know they have people addicted and there isn't a 3rd party threat. They can name their price.
 
lol yeah I was agreeing with you.

almost all of the inflation post 2021 has been margin increases. The last two years have not been good for my already challenger deep level opinion of executives.
 
RaceBoarder said:
The magnification is the reason it was so noticeable.

I use pop as a main example since it been stuck in my head lately:

2019: 12-Packs had a "list" price of like $4.99 but were "perpetually" on sale with prices between $2.50-$3.
2023: "List" Price $8.99 and Sale prices $4-6.

Normally this was hidden cause things just crept up gradually. But along with the sharp jumps during the pandemic, you were also forced to buy whatever was on the shelf at the time. It truly was a take it or leave it scenario. You couldn't just opt for a different brand or just wait for the following weeks sale.

And since consumers adopted to those prices, companies just kept them around since there wasn't an alternative. Companies can't really "shrink" a can of pop since 12oz is widely accepted as the standard. So you basically have seen prices double in a 4 year span. I don't think production costs have doubled over that time.
Click to expand...

Have you bought a bag of chips lately? Way more air than before. And don't get me started on cereal.

(I'm not arguing with you btw)
 
RaceBoarder said:
The magnification is the reason it was so noticeable.

I use pop as a main example since it been stuck in my head lately:

2019: 12-Packs had a "list" price of like $4.99 but were "perpetually" on sale with prices between $2.50-$3.
2023: "List" Price $8.99 and Sale prices $4-6.

Normally this was hidden cause things just crept up gradually. But along with the sharp jumps during the pandemic, you were also forced to buy whatever was on the shelf at the time. It truly was a take it or leave it scenario. You couldn't just opt for a different brand or just wait for the following weeks sale.

And since consumers adopted to those prices, companies just kept them around since there wasn't an alternative. Companies can't really "shrink" a can of pop since 12oz is widely accepted as the standard. So you basically have seen prices double in a 4 year span. I don't think production costs have doubled over that time.
Click to expand...

2.79 at my local Hannaford grocery store for single 20 0z bottle of Coke, 2.89 for Pepsi.
 
I haven't had pop/soda in almost 20 years...and I don't miss it one bit. The prices definetly help me stay the course :^)
 
dxmnkd316 said:
Yeah there's no chance. Pop syrup is a commodity chemical for all practical purposes. You basically make a gazillion gallons at a time or you make it continuously. The only highly variable costs are feedstocks and energy. Labor hasn't doubled, so nix that.

gas has been flat for the last year and down over the last several. So transportation costs aren't it. Energy costs have been somewhat flat IIRC, maybe slightly higher. Sugar has indeed doubled in five years, so maybe HFCS has too and maybe that explains it?
Click to expand...

Packaging. Coke said early I. The pandemic that people had stopped recycling, so their aluminum costs were way up. (I don’t know how that spreads on a per-can basis.) Microbreweries were switching away from canning and to more bottling during that time because they couldn’t get cans.
 
Handyman said:
The Left kind of hates a lot of people...it's weird to watch the lines in the sand they draw.
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And yet it's always Liberals sh-tting on the Left in this sub. Huh.

It's almost like one part of the anti-fasc coalition is entitled and utterly un-self-aware of their fat, gap-toothed priviledge, and will never know, since they are spoonfed a comforting message by corporate media because they will never actually make any substantive changes to the status quo, and indeed can always be depended upon to betray the cause as soon as they are mildly inconvenienced.

Martin was right. Make common cause with the Center, but never trust them. "One third of the population wants to kill another third, while the final third sit on their hands and look away."
 
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St. Clown said:
Packaging. Coke said early I. The pandemic that people had stopped recycling, so their aluminum costs were way up. (I don’t know how that spreads on a per-can basis.) Microbreweries were switching away from canning and to more bottling during that time because they couldn’t get cans.
Click to expand...

Wait what??! Why?! Who stops recycling? God I fucking hate people.
 
Kepler said:
And yet it's always Liberals sh-tting on the Left in this sub. Huh.

It's almost like one part of the anti-fasc coalition is entitled and utterly un-self-aware of their fat, gap-toothed priviledge, and will never know, since they are spoonfed a comforting message by corporate media because they will never actually make any substantive changes to the status quo, and indeed can always be depended upon to betray the cause as soon as they are mildly inconvenienced.

Martin was right. Make common cause with the Center, but never trust them. "One third of the population wants to kill another third, while the final third sit on their hands and look away."
Click to expand...

Seriously...what are you even talking about?

Everyone has their ox to gore, I just find the far lefts to be rather strange. It's fine they still support Biden which is all I care about.

I do find it cute that you think your Bougie Arse is some Leftist though. You are farther away from the people Im talking about than I am dude. Just cause you wax philosophical and quote Leftists at your cocktail parties doesn't make you part of the movement. Trust me they don't like you or me either. And I'm fine with that I still support them as long a s they don't make a detrimental decision come November. (Which most vow not to do)
 
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dxmnkd316 said:
Wait what??! Why?! Who stops recycling? God I ****ing hate people.
Click to expand...
Cardboard dumpsters in Maine get dumped into the same truck as trash dumpsters. I'm not sure where stuff that has bottle deposit on it goes but wouldn't shock me it that stuff hit landfills also.
 
walrus said:
Cardboard dumpsters in Maine get dumped into the same truck as trash dumpsters. I'm not sure where stuff that has bottle deposit on it goes but wouldn't shock me it tha stuff hit landfills also.
Click to expand...

Maybe your backwoods state should do something about that.

Oh wait, being green is bad, and the province of libt@rd leftists who hate 'Merica.
 
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