The Truth Behind Soaring Food Prices
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- Опубліковано 6 сер 2024
- Americans are paying their highest food costs in more than 30 years. Why is it so expensive? Jonathan Hartley explains.
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It is luxurious to go to a restaurant these days. You end up paying the equivalent of a week of groceries.
Amen to that
Even groceries are luxurious. I have been eating nothing but spaghetti, pancakes and eggs, cereal and canned soups for months now. Cause it’s not as pricey but I still can’t even afford that. it’s getting old I’m grateful for having food but it’s just getting old.
@@bonnieparkertheoutlaw7353 Eating out in a restaurant is on average CHEAPER than buying groceries if the tradeoff is comparing grocery prices NOW to restaurant prices 40 years ago.
30 years? We wasn’t paying these prices in 1994!!! How about most ever!!!
I believe I heard 11% of consumer’s budgets.
$110 per $1,100 monthly income roughly, which fits the $65 for $420 per month I had at that time, somewhat.
Spirit of GREED
Demorat leadership!
@@commonsenseisntcommon1776 Everyone knows grocery and utility prices have skyrocketed all over the world.
As the scriptures say, a loaf of bread will cost a day's worth of work
That is when you make your OWN bread…simple 4 ingredients!!! $1.00 per loaf.
I don’t generally eat bread
You cannot shut down fossil fuels and expect food and other goods to stay affordable. Higher fuel prices means farmers are paying more for diesel, fertilizer, and shipping. China owns most of the poultry and pork industry in America.
China did it legally.
They didn't force anyone to give up that up tha lt land. Free market enterprise.
That's called freedom, look it up , you whining lazy liberal.
China will be having fire sales of assets soon. They are imploding on every money front. The add ons and changes to communism resulted in insanity. Now who will buy. And we really need smaller processors for food.
Prices are high because companies are greedy, plain and simple... God's eye can see all and He knows all, Lord please help all of the families that are going to bed hungry tonight,amen 🙏
It went up with Covid and once up it won’t come down.
Capitalistic Greed drives the prices of everything. Whatever food companies can get away with charging for massive profits they will do.
I'm not recommending Socialism because that has it's own problems too which are apparent when you look at countries like Venezuela.
🤷♂️ It's a complete s***show.
Way too polite here. The MAJOR reason is the borrowing/printing and spending. With no sign of slowing down. This inflation is only beginning folks.
Exactly. If CBN doesn't start getting dirt under their fingernails and do some real digging people will have to look elsewhere for news. Tell the dirty news CBN... the Democrats are deliberately attacking the food chain.
Dude américa debt is huge it surpriseme that country didnt colapse, maybe because they own the game
@jesus2621 It's not over yet. The Lefts endgame is the actual collapse of the country. They can't implement Communist style control until they do.
I stopped eating at McDonald's. 20.00 for a big mac meal it was 3.00 in 1990.
I’m priced out of restaurants and extras such as sweets…
Food should be affordable for everyone
Yes, it should be; Especially with as much food as we waste in the USA.
Basic staples, yes.
Name brand, premium, and convenience foods can be for those with greater discretionary budgets.
Start with no taxes on food
There's price gouging on many levels
There is no trucker shortage, it's a pay shortage
I'm not in USA, please explain
@@SteveBarnesAU People expect to pay employees minimum wage and still have them get the job done.
This is because we've been importing immigrants that are willing to work minimum wage and wages aren't naturally allowed to rise until they reach the point that Canadians are willing to do the work.
This means jobs like truckers, which we can't import cheap labor for go untended.
I work as a heavy diesel mechanic in a trucking shop. They pay me less than I made over 20yrs ago as an "unskilled laborer".
The people in the shops make about half what the drivers do in many cases. I'm on call right now, on my day off, if a driver breaks down or gets a flat on the side of the road. $17hr, no overtime pay, fsla exempt, no 401K match, etc.. To become a driver one must have a CDL and any endorsements needed (ie: doubles, hazmat). This can cost $6000-$8000, many of these driving companies will pay for this if you sign a contract to work for half wage for 3 or more years. Our employee turnover rate is around 30% every 2yrs. Our company, and others, do sue drivers for breach of contract for the "loan".
It's also worth mentioning that the cost of a CDL was about 1/10th what it is today in the 1990s.
And drivers used to get paid per load rather than per hour. So they used to make more money.
Yet sign on bonuses are huge, minimum wage is way higher than it's ever been (ex: McDonald's workers making $20 an hour to flip burgers), and union workers pushing a broom around a factory are earning $35 an hour..... yup, everyone is underpaid 🤦🏻♂️
Theres no truck driver shortage its low wages few bennefits and overregulation
Everything that goes up don't come down.
You didn't mention all the fires at food production plants, and regulations on the beef industry.
One word...BIDEN
O'Briben
I'm not sure that dude knows what he's talking about 🤔
There were really no answers, other than companies are greedy for more profit. The same food item today on the shelf gets raised $ 1-2 tomorrow.
How about printing money Is the culprit
Really had to explain 5 minutes when you can just explain it with one word Bidenomics. 😂
You seem so sure of yourself there
It's happening globally.
A lot of these business going to fold in because nobody buying anything anymore.
Bidenomics empty your pockets!😂
Right, because congress, the supreme court, and the senate has no involvement in the direction of America. Good luck in life because your obviously very dim.
OK I think most of it is price gouging
Bidinomics is working ?? FOR WHO?? !! ??
I'm from UK and have family there, same thing is happening there, nothing to do with Biden.
Fuel prices drove everything up
Maybe it was his stutter, but I didn't really hear a lot of insight. More: yes, food prices are higher but, no, it's not because of this, and it's not because of that, the reason's just not clear.
Corporate greed.
Where?
Demorats
He said that there's no data that the increase in minimum wage affects the raging food prices.
We have restaurants here in California that charge customer 18-20% to "help" them out with meeting that requirement.
Your analysis sir, was very kosher.
And buy kosher you mean. ...
@@delinquense 5 people understood except you.
I bought 4 pounds nearly expired ground beef, 5 pounds potatoes, 3 pounds oranges, 6 ounces white button mushrooms, 1 pound bananas and 1 dozen eggs for $38! That is expensive for me. In developing countries many people spend 75% of their income on food cooked at home. We are lucky compared to that. I've been scratch cooking everything.
The simple answer is the printing of money, and hence its corresponding devaluation. The more something becomes readily available, the less its value, and hence the more of it someone expects in trade. And that's all money is: a medium of trade.
Welcome to inflation 101.
The problem grocery stores are going to have is that they won't be able to keep selling fresh produce and most food products at elevated prices. Food is not like other products that people buy. Food will eventually spoil. I noticed this problem in my local grocery store last week. I bought two gallons of orange juice for $7.00. A gallon of orange juice usually costs $7.50. I wasn't sure why the orange juice was so cheap until I was at home and looked at the expiration dates. Both gallons of orange juice had expired that day. I would not have bought one gallon of orange juice that day if the store had been selling orange juice at the regular price.
You can freeze it. Milk freezes also
@@happycook6737 There is already frozen concentrated orange juice in the grocery stores. It is cheaper than fresh orange juice. I was talking about fresh orange juice. Grocery stores aren't going to start freezing gallons of milk or orange juice to prevent them from spoiling on a particular date. Grocery store owners will have to sell food at a discounted price or toss it into the garbage if it's close to an expiration date.
@@KingsportMan I think he meant you can freeze those orange juice you bought.
I think the orange juice turns bad faster than the milk after the expiration date. I drank these 2 past their dates before and I noticed the taste was still the same after 3 days it expired. So maybe throw it out after maybe... 5 days (?)
Eat the fruit not the juice high in sgr and water
@@jillmeader5882 I've got to have a glass of juice during the morning. I usually drink a small glass of Sunny Delight or apple juice. Dates and kiwis are two of the best fruits a person can eat. Kiwis are not easy to peel. A person would need a fruit peeler to peel kiwis. Kiwis, peaches, and plums have more health benefits than most fruits.
The federal reserve inflates the money supply, the dollar loses value, more dollars are needed to buy the same product .
👏🏽
Yeah, yeah, yeah. If it's not price gouging, tell us why corporate profits are at an obscene high.
a days wage for a loaf of bread
There DEFINITELY IS price gauging .......at least here in Canada.....WHen one of the Vegan cheeses I buy is 10 at one store and 15.00 at another and you KNOW they are still making money. Grocery stores here are posting record profits
Being vegan is not gonna save you in the day of the Lord
There are UA-cam videos on how to make vegan "cheese". Cheaper for me to make and was easy.
Too many dollars chasing too few goods!
Not buying that excuse any longer. Yes perhaps it was valid a few years ago when people were getting the stimulus checks but that wasn't a lot of money and that has to be gone by now so how do you explain the situation today?
Simple explanation. The federal government has printed and handed out absurd amounts of money which has decreased the value.
God will put them in their place as the one who just recently moved into eternity,, lets hope and pray he really knew you Jesus
Should never closed America down for covid 19. Never should have been on American soil. America military spend two week quarantine after returning from outside America. So in the days of the internet flying is not needed unless they also quarantine for two weeks
All by design
Personally, I think a lot of it is greed. Too many middle men shipping groceries. They raise their price.
Look at what folks fill their carts with. You do not need alcohol, snack foods or energy drinks. Total waste of money
Agreed but THEIR business!
@@kath00925 SIN is everyone’s business
@@kath00925because it affects everyone
They're cheaper than fresh eggs, bread, and milk. So what's your point? Hungry poor have to eat something😢
That has nothing to do with the prices of these items going up though. Ppl were buying the same things when prices were significantly lower.
Food prices are great right now compared to what they will be.
And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!” -Revelation 6:6
Our hope is found in Jesus Christ.
What goes up must come down. Ya food is expensive nowadays!
I just wasted 5 minutes of my life listening to this. Nothing inciteful at all.
"A lot of this green agenda is being pushed because someone somewhere is making a lot of money from it. Just like in COVID, when of course there was a great redistribution of wealth to the most richest people in the world and the biggest corporations. As well as power being taken away from the likes of you and I." ~Robert Oulds
Any thing to do with oil ... gas ... energy?
It’s so simple it’s called EPA. Government interference in our lives.
How much above inflation is GDP growth?
Bidenomics vs Trumpidity! The choice is yours.
I love in Louisiana. We have two local large grocers, who even have their own farms. The profits for them went thru the ROOF…50-70% INCREASE IN PROFIT THE LAST 4-5 YEARS…IT IS CALLED GREED!
HUMAN GREED……..OPPORTUNISTIC CORPORATE STRATEGIES…TIMING IS ALL IN LIFE!
Will I name them NO….GOD AND KARMA KNOW!
I don’t have much motivation to eat at restaurants anymore.
Last Saturday I had a gross sandwich
They forgot to mention the US is not refining most of their oil makes for higher gas and diesel prices, a huge impact on all prices, plus corporate greed play into this greatly. We have the present administration that cares more about getting illegals into the country and their campaigns than what happens to legal citizens. They have made that very clear the last 3 years. Last time we had food prices like this was during the Carter administration, mid-late 70's, but we had administrations that admitted we had a poor economy and took the needed measures to protect legal citizens.
Corporate America already said even though things are getting back to normal they are keeping prices high because of profits
Money spent on food should not be considered disposable.
The truth behind ridiculous prices....democrats
fact
💯💯💯
The interest rates haven't gone up fast enough? Who is this guy?
This was about as understandable as the high food prices!! I bought a snall can of oranges last week.. $5!! Fortunately i do not have kids to feed & a son who buys most of the groceries. The oranges are forva special recipe. Otherwise like so many other things, we do not get to buy them anymore.
The jobs are mostly ghost jobs. As for trucker vacancies, it’s pretty much starvation wages paid so why would folks want to do it?
It cant be printimg money because new budget valls for 7 trilliin in defisiate spending
Nothing to do with printing money
I dint spend to much i dont print enough
I'm paying over 50% more for groceries double to 3 times more it's almost beyond horrific. Rent and groceries, Elec. Beyond what people can bear. Praying for some kind of relief oh forgot ⛽️ gas prices. Then we have taxes on everything Everything Go shopping for food there is price gouging. Wake up to the killing fields now
Its 25 percent
So you’re saying republicans were right and that we’ve been gaslit
5 companies have a monopoly over food. Greed- stop the excuses
Raise the minimum wage to $15 an hour what do you expect? Minimum wage will always be minimum wage.
It's not price-gouging. That's an excuse.
Ain't nobody ever got paid no green 💚🍏💚 back's for a job in America.
My favorite part about all this chaos is people blaming Biden like we havent been on a runaway train derailing for over a decade in America. Both political parties share equal fault of this nonsense, who in politics actually looks out for the everyday working people?
I'm sorry but, this young man needs more prep time before getting in front of his microphone. The problem is bidenflation. Prices are being gouged, truck drivers are getting out of the business because they were being overworked during the plandemic,, many reasons you failed to cover. Mostly it all centers on the keystone pipeline.
Jesus is the way the truth and the life. Nobody goes to the Father except through Jesus. When we confess Jesus is Lord and believe God raised him from the dead, we will be saved. Repent, the kingdom of heaven is at hand. Jesus loves you and wants a relationship with you ❤
Tgen say it its printing money n9t spemding
The truth behind soaring food prices? GREED
Was this guy paid to make no sense? He's said a lot and said nothing at all.
BIDENFLATION BIDENOMICS we know what is causing high food prices.
As long as there is an influx of illegal immigrants everything will rise. Soaring prices suppose to slow things down. But, more people creates more buyers. Therefore, prices will continue to rise. Any self sufficient country with an influx of people will experience the same
I come here for lies
I can't stand listening to news when I hear _"Uh"_ and _"Um"_ every 3 words.... LEARN HOW TO SPEAK!!! ENGLISH IS YOUR FIRST LANGUAGE IS IT NOT!??!?!?
Rom 3:23
For all have sinned, and come short of the glory of God;
Rom 6:23
For the wages of sin is death;
Psalms 9:17
The wicked shall be turned into hell, and all the nations that forget God.
Acts 8:37
And Philip said, If thou believest with all thine heart, thou mayest. And he answered and said, I believe that Jesus Christ is the Son of God.
Rom 10:9
That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved.
Corinthians 15:3-4
For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures; And that he was buried, and that he rose again the third day according to the scriptures:
Ephesians 2:8-9
For by grace are ye saved through faith; and that not of yourselves: it is the gift of God: Not of works, lest any man should boast.
'
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TAlk for 5 mins say nothing
It is so hard to listen to this guy talk with his constant ummms and uhhhs. Honestly if you are a public speaker go take a speech/communications class and stop using filler words.
Lies
Greedflation. Big oil raising prices while raking in record profits. We need a windfall profits tax, like the UK. CBN should change their name to RBN -- Republican Broadcast Network.
Stop eating at Restaurants, stop buying contaminated meats!!!!!
Buy whole safe foods.
Eggs
Lentils
Bags of Beans, Split peas
Grass Fed Milk & Cheese
Organic veggies.
Avoid: Chips, Sodas, Candy, Processed Boxed food, etc.
I save so much money on food $30 a week easy