Democrats Ask Biden to Investigate Grocery Store Price-Fixing

return2ozma@lemmy.world to politics @lemmy.world – 401 points –
Democrats Ask Biden to Investigate Grocery Store Price-Fixing
time.com
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So people shouldn't be upset that Biden hasn't done enough because he's not the king.

And then Democrats in the Senate who could investigate these things ask Biden because they're incapable of it.

So are we to assume that the entire government is incapable of dealing with this?

The prices legitimately went up due to supply chain constraints during the pandemic. The problem is, they never went back down, and then continued to follow the steep inflation trends of a post-pandemic nation. That all just became additional revenue for the food industry.

The last time a President signed an Executive Order to fix grocery prices, it blew up in Nixon’s face when it expired and prices blew well past what should have been a consistent inflation trend.

The only way the government could successfully address it would be through congressional legislation, by either establishing a legal rate of inflation for food products, or finally breaking up the big food monopolies. There’s just no way Republicans would ever go for any of it.

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