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japple

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18. It really hit home to me when I saw that Red Lobster was in financial distress. I am not

Sun Jun 9, 2024, 08:51 PM

Jun 2024

a fan, but several of my family members LOVED that place, esp. the ones who had kids. It used to be a family friendly place and there were lots of things on the menu that the kids loved. Apparently RL got bought out by a limited partnership (hedge fund) who blamed the downfall of the organization on the "all you can eat" deals Red Lobster offered. https://www.latimes.com/business/story/2024-05-21/column-it-wasnt-just-the-endless-shrimp-red-lobsters-corporate-owners-drove-it-into-bankruptcy

Corporate greed is why everything costs way too much. It will be that way until after the election and our newly-elected Democratic Congress (both Senate and House) together with Joe Biden can go after these bloodsuckers and get them to start paying their fair share of taxes.

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FINALLY someone has said what Dems should have been saying for months! [View all] LAS14 Jun 2024 OP

Greed, greed, greed, & more greed by the corporations...but M$M doesn't address the elephant in the room. n/t iluvtennis Jun 2024 #1

That's no reason why we Dems shouldn't do it. wnylib Jun 2024 #24

The political impact is just the cherry on top RVN VET71 Jun 2024 #66

So true Farmer-Rick Jun 2024 #70

The thing is, and people may not like to hear this, the Administration should be placing brakes on the greed Escurumbele Jun 2024 #47

What is an audit going to do and what would the government fine companies for? Trekologer Jun 2024 #86

Where are you buying your sandwiches? Doodley Jun 2024 #2

It was a McDonald's somewhere in Connecticut. nt Shipwack Jun 2024 #8

Northern California, homegirl Jun 2024 #72

A basic subway footlong is 14 bucks Bettie Jun 2024 #15

Outrageous. I had no idea. Doodley Jun 2024 #23

It looks like many of the fast-food joints are giving deals only on their apps... keep_left Jun 2024 #39

The $18 Big Macs have been on tollways. mwooldri Jun 2024 #41

Oh, sure, that makes sense. But even the fast-food joints not on tollways... keep_left Jun 2024 #62

18 bucks for a McDonalds! Darned apps! Kroger app is the worst! Doodley Jun 2024 #83

Corporations are going to charge whatever price the market will bear. Walleye Jun 2024 #3

Biden has been saying this. "That's corporate greed" "still too many corporations in America ripping betsuni Jun 2024 #4

EXACTLY. And some of us here have been saying it too. Yet there are still B.See Jun 2024 #35

My local mom & pop stores and restaurants are increasing prices too. Even local farmers. Silent Type Jun 2024 #5

Mom and Pop stores have to pay their employees more... maspaha Jun 2024 #10

Wonder how much their distributors raised their rates? Traurigkeit Jun 2024 #12

Right?!? Part of the upward spiral of prices maspaha Jun 2024 #29

Dems have been saying this. orange jar Jun 2024 #6

Thank you. Democratic message on the economy, don't know how anyone could miss it. betsuni Jun 2024 #7

Yep! orange jar Jun 2024 #11

The old adage is true... NanaCat Jun 2024 #46

Yes, and no. Ms. Toad Jun 2024 #79

GREEDFLATION !!!!! oasis Jun 2024 #9

someone told me the other day a crab sandwich was costing 50 dollars..... YoshidaYui Jun 2024 #13

A crab cake sandwich? Captain Zero Jun 2024 #38

And here we thought a generous, well-stuffed lobster roll in Boston was crazy at $35 DFW Jun 2024 #45

WTF NanaCat Jun 2024 #51

If anyone is willing to pay $50 for a sandwich or even $35 then there WILL be a seller. cayugafalls Jun 2024 #61

I use Predatory Capitalism. Emile Jun 2024 #14

Sheridan brown's been running commercials like that for months now Tribetime Jun 2024 #16

The Democratic "message" is whatever is selected for repetition by media outlets. hay rick Jun 2024 #17

It really hit home to me when I saw that Red Lobster was in financial distress. I am not japple Jun 2024 #18

All you can eat isn't what caused Red Lobster's downfall TexasBushwhacker Jun 2024 #33

I guess you didn't read my post. japple Jun 2024 #34

John Oliver covered this last Sunday. B.See Jun 2024 #36

That is not what happene equity firms brought it down...and they are doing it to nursing homes and hospitals... Demsrule86 Jun 2024 #68

That is exactly what my post says. Also the linked article. Guess you didn't read japple Jun 2024 #69

$18 where I live HandmaidsTaleUntold Jun 2024 #19

And what are they doing with those windfall profits? Warpy Jun 2024 #20

What's an "unimaginative" sandwich? JoseBalow Jun 2024 #21

Monopolies set the price. Nululu Jun 2024 #22

There are lots of posts about what fast food franchises are charging. Are they monopolies? onenote Jun 2024 #50

Buy from monopolies Nululu Jun 2024 #81

THIS is the real "trickle down" economy! colorado_ufo Jun 2024 #25

Really? Wringing my hands over inflation. gab13by13 Jun 2024 #26

Can you explain your post in light of this chart of inflation? onenote Jun 2024 #49

$14 ?!?!? In a few weeks, on June 25, McDonald's will have their inflation-buster menu. 4lbs Jun 2024 #27

Arby's BidenRocks Jun 2024 #76

I don't eat at Arby's anymore and refuse to, I got food poisoning there back in November. 4lbs Jun 2024 #85

I said this yeaterday in a store ms liberty Jun 2024 #28

We need to raise corporate tax rates. CaptainTruth Jun 2024 #30

I'd add in a windfall tax. mwooldri Jun 2024 #43

Yes, at least 60% on all business MichMan Jun 2024 #56

As a small business owner (my wife & I both)... CaptainTruth Jun 2024 #84

Jimmy Carter orangecrush Jun 2024 #31

A loaf of gluten-free bread at trader joe's is almost $5 and the loaf is half the size of a regular loaf of bread. diva77 Jun 2024 #32

8.99 for a box of Quaker Oats - might as well be $10 Iris Jun 2024 #42

We pay $10 per loaf of gf at sprouts for the 'heritage' triron Jun 2024 #63

McChicken pre-COVID $1.69 duckworth969 Jun 2024 #37

THANK YOU Skittles Jun 2024 #40

Corporations have suddenly discovered greed? That's why prices are higher now? Shrek Jun 2024 #44

Opportunistic Johnny2X2X Jun 2024 #48

And what should Democrats be proposing to prevent corporate greed? onenote Jun 2024 #52

What is your suggestion? Emile Jun 2024 #55

To emphasize the positive elements of the economy. Employment. Wages. onenote Jun 2024 #59

That's great. But how do you explain why prices Emile Jun 2024 #67

It's hard to fix 'stupid '. triron Jun 2024 #64

It's called GREEDFLATION and its been mentioned since late 2013 ... aggiesal Jun 2024 #53

Stock buy backs, dividends, and executive pay are fueling greedflation QED Jun 2024 #54

Stock buybacks I_UndergroundPanther Jun 2024 #75

Lots of people have said this... the problem is they never have a reason why it should matter FBaggins Jun 2024 #57

The high interest rates are a real problem for middle class and lower - TBF Jun 2024 #58

Sounds like a sandwich specially made for Torchlight Jun 2024 #60

Well, the other thing I don't hear (or read) is: Justice matters. Jun 2024 #65

Every week the consumers should homegirl Jun 2024 #71

Dems have been talking about greedflation for awhile Quakerfriend Jun 2024 #73

It was posted last week Aldi's Food Stores dropping Emile Jun 2024 #74

Where I work, some of the prices have doubled in the last few years tornado34jh Jun 2024 #77

General Mills raised prices five times while racking up record corporate profits. farmbo Jun 2024 #78

Wendy's for me and spouse. 3 single burgers with cheese and 1 large fry. $26. LuckyCharms Jun 2024 #80

The real clincher to this is samplegirl Jun 2024 #82