I recently came across an article about a guy who managed to snag a free hotel stay in New York City for five years, all thanks to a clever loophole. Initially, I was impressed by his resourcefulness and ability to game the system. I mean, who wouldn’t want a free room in the heart of NYC, with a view of iconic landmarks like the Empire State Building and Madison Square Garden? It sounds like a dream come true.
But then, things took a bizarre turn. Instead of being content with his free accommodation, this guy decided to push his luck and claim ownership of the entire building.… Continue reading
Biden Calls on Snack Companies to Stop Shrinkflation Ahead of Super Bowl
The issue of shrinkflation has been a point of concern for many consumers, and President Biden’s recent call on snack companies to address this problem is a step in the right direction. As a consumer myself, I have noticed the significant increase in prices for everyday snack items like chips and candies, while the quantity inside the packages has decreased significantly.
It is frustrating to see the price of a bag of Doritos, for example, double in just a few years. Back in 2005, a big bag of Lays BBQ and a Sour Cream & Onion one could be purchased together for just $3.… Continue reading
Biden Takes Aim at Grocery Chains Over Food Prices
Food prices have been skyrocketing in recent years, causing significant financial strain on American families. And now, President Biden is turning his attention towards grocery chains, aiming to address this pressing issue. The rising prices have hit low-income families the hardest, especially those who don’t qualify for government assistance programs like SNAP. These families are paying an astonishing 25% more for groceries, which is simply unsustainable.
A new analysis from the White House Council of Economic Advisers suggests that large grocery retailers have been increasing their profit margins, contributing to the persistently high prices.… Continue reading
Half of recent US inflation is due to high corporate profits, according to a recent report. This finding reinforces what many of us have suspected for a long time—that unchecked corporate power and greed are major contributors to rising prices and the financial burden placed on everyday Americans. It’s time we address this issue head-on and demand that our government take action to reign in price gouging and protect consumers.
In our current economic landscape, where competition is often non-existent and collusion among corporations is a common practice, it’s no wonder that prices continue to soar. The government has failed to regulate industries effectively, allowing corporations to dictate prices without any consideration for the well-being of the people they serve.… Continue reading