Inflation Overload: Kamala Harris Will Propose $25,000 Govt Subsidies for First-Time Homebuyers

[Marener]

What corporate profits?! I’ve just told you that the profit margin for grocery stores is 1%.

Stop falling for the liberal lie of blaming the mean businesses. Everything is so against business with you people. Grocery stores are entitled to make 1% profit on their sales. If the DEI pick insists on fixing their prices, there will be a food shortage.

Price controls DO NOT WORK.

I already said, the corporate profits of the people who MAKE the food that they sell in the grocery store. You realize there's more people involved in the food supply than the grocery store, right?

The profits of the companies that make food has risen dramatically as a result of the price hikes.

On Tuesday, Conagra Brands—one of the largest consumer packaged goods companies in the U.S.—announced that it had posted a nearly 60% year-over-year profit increase between December 2022 and February 2023. The Chicago-based company, which makes a long list of grocery staples including Chef Boyardee, Hunt’s, Slim Jim, Reddi-wip, and Marie Callender’s frozen meals, reported a net income of $342 million, up from $219 million in the same quarter a year prior.

Conagra attributed the rise in quarterly profits to inflationary price increases, despite facing more impactful supply chain disruptions than anticipated. Sean Connolly, Conagra chief executive, said on the earnings call with shareholders that the company’s sales growth was “primarily driven by inflation justified price increases” and a willingness by consumers to pay the higher prices. Conagra did not respond to a request for comment.

How Food Company Profits Are Making Groceries More Expensive

Conagra Brands, which makes Slim Jim, Reddi-wip, and Marie Callender's meals, posted a nearly 60% year-over-year profit increase so far this year.

time.com

 

[Marener]

I hope you guys get good at farming. It ain’t easy and if Harris gets elected you better learn fast. And us in flyover country, ain’t gonna teach ya

WTF are you talking about?

 

[HeyNorm]

I already said, the corporate profits of the people who MAKE the food that they sell in the grocery store. You realize there's more people involved in the food supply than the grocery store, right?

The profits of the companies that make food has risen dramatically as a result of the price hikes.

On Tuesday, Conagra Brands—one of the largest consumer packaged goods companies in the U.S.—announced that it had posted a nearly 60% year-over-year profit increase between December 2022 and February 2023. The Chicago-based company, which makes a long list of grocery staples including Chef Boyardee, Hunt’s, Slim Jim, Reddi-wip, and Marie Callender’s frozen meals, reported a net income of $342 million, up from $219 million in the same quarter a year prior.

Conagra attributed the rise in quarterly profits to inflationary price increases, despite facing more impactful supply chain disruptions than anticipated. Sean Connolly, Conagra chief executive, said on the earnings call with shareholders that the company’s sales growth was “primarily driven by inflation justified price increases” and a willingness by consumers to pay the higher prices. Conagra did not respond to a request for comment.

How Food Company Profits Are Making Groceries More Expensive

Conagra Brands, which makes Slim Jim, Reddi-wip, and Marie Callender's meals, posted a nearly 60% year-over-year profit increase so far this year.

time.com

I feel sorry for you

 

[d0gbreath]

You can’t build a house for $200!

You know he meant 200k, don't be silly. This has nothing to do with 1/2M Jersey homes, which that one that you showed would go for ~300k around here.

Young people need to get out of expensive apartments and get fixed mortgages. As time goes by your mortgage payments are way lower than any rental.

 

[Hollie]

Surprising no one, except Dems/ Socialists, there are already warnings of the inflationary results of the Harris proposal for the "free money giveway"to first time homebuers.

Harris proposes $25,000 down payment assistance for first-time homebuyers — is it a good idea?

Vice President Kamala Harris says she wants to provide $25,000 in down payment assistance to first-time homebuyers, but critics say the plan would only make housing issues worse.

www.foxbusiness.com

This is a terrible policy," said Cody Moore, a partner and wealth adviser at Wealth E&P in Alpharetta, Georgia. "In my opinion, it is just an attempt to garner more votes for the upcoming election by utilizing handouts."

Why yes. Kinda' like vote buying.

 

[HeyNorm]

You know he meant 200k, don't be silly. This has nothing to do with 1/2M Jersey homes, which that one that you showed would go for ~300k around here.

Young people need to get out of expensive apartments and get fixed mortgages. As time goes by your mortgage payments are way lower than any rental.

Sure, so let’s lock the economy down another two years. I’m sure the prices will go back down.

That was absolutely brilliant.

Plus let’s add another 10 million more illegals

And, be so weak that wars break out in Ukraine and the Middle East!

That’s the ticket.

 

[Hollie]

Sure, so let’s lock the economy down another two years. I’m sure the prices will go back down.

That was absolutely brilliant.

Plus let’s add another 10 million more illegals

And, be so weak that wars break out in Ukraine and the Middle East!

That’s the ticket.

The crooked WHO is already talking about "Monkeypox". Time for Dim Govrnors to prepare for lockdowns.

 

[Marener]

I feel sorry for you

Why?

 

[d0gbreath]

Sure, so let’s lock the economy down another two years. I’m sure the prices will go back down.

That was absolutely brilliant.

Plus let’s add another 10 million more illegals

And, be so weak that wars break out in Ukraine and the Middle East!

That’s the ticket.

We're actually discussing Kamala's first time buyer 25k incentive here.

 

[eagle1462010]

With whos fucking money???

BS. Bribes for votes Dems

 

[Hollie]

With whos fucking money???

BS. Bribes for votes Dems.

Taxpayer money. The Dims are convinced that money supply is endless.

 

[eagle1462010]

Taxpayer money. The Dims are convinced that money supply is endless.

They are the WEF and are accelerating us to a RESET. Hell will follow

 

[HeyNorm]

We're actually discussing Kamala's first time buyer 25k incentive here.

Yup, will just raise the prices by another $25,000. The only folks gonna make bank are the sellers. Inflation be damned, FULL SPEAD AHEAD!

 

[HeyNorm]

The crooked WHO is already talking about "Monkeypox". Time for Dim Govrnors to prepare for lockdowns.

I ain’t skeered no pox!

 

[Admiral Rockwell Tory]

So what would happen to people who live and want to buy in NJ?

Move.