Entries by Joel Griffith

Food Profit Margins Shrink, But Harris Blames Them for Rising Grocery Bills

Estimated Reading Time: 4 minutes

Rising grocery costs continue to put the squeeze on families. Overall, the cost of a trip to fill the pantry rose nearly 22 percent since the beginning of 2021. Many specific staples rose far more — eggs are up 110 percent, flour up 29 percent, orange juice up 82 percent. A family of four spending $1000 per month just three and a half years is spending an additional $2,640 annually for this same shopping list. Harris appears to have forgotten the important lessons from this episode. Based on her insistence that price gouging is responsible for high grocery prices — when it clearly is not — the Vice President’s proposal would more likely function as a price freeze or command pricing.

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