The Economy Is Great. Why Are Americans in Such a Rotten Mood?

[SalamanderSleeps]

82. I live in the land of Kroger. And Kroger is gouging massively.

And no one is calling them on it.

Prices have not retreated from pandemic levels.

"Kroger's annual sales topped $148 billion last year as the Cincinnati-based grocer navigated cost-conscious shoppers squeezed by inflation. Kroger's profit also topped $2.2 billion, up 35.6% from 2021, outpacing the 7.5% sales growth for the year." as per Alexander Coolidge - Cincinnati Enquirer

I can attest to the fact that not being able to feed people the way that you would like makes one feel lost and angry. My parents never had this much trouble keeping decent food on the table.

Kroger does their pricing on a store by store basis. The store I'm closest to is adjacent to a large population of really poor folks and college kids. Everyone in the valley knows that this particular location is the most expensive. I drive out of my way to go to stores that are not as expensive. But, poor folks and college kids don't always have that as an option.

Adam Smith wrote two books. One was the "Theory of Moral Sentiment" and the other was the "Wealth of Nations." I'll give everybody one good Goddamned guess about which of these books the leadership of Kroger have either never read, or totally ignored.

But, who cares anyway as long as Kroger makes a fuck-ton of money by stealing from their customers all the right people will be happy.