Thats a poor partisan guess. Indicates knowing nothing about manufacturing, you're just hoping against all logic this can't be true.
This is why I say you've never worked in tech, you don't understand anything about business, or you're so partisan as to be ignored on anything outside of partisan opinions.
The reality is the price you are paying for a product isn't the cost to manufacture that particular item, but the cost with the predicted price to manufacture it today.
The reason for this with inflation or spikes the manufacture needs to "raise" capital to purchase this months raw material.
This is why gas jump next day on international events. Using your logic these events wouldn't affect prices, but everyone knows prices immediately jump so down the chain everyone can pay for todays raw material price changes.
#14 | Posted by oneironaut
You are the one who knows nothing about business.
Businesses charge what people are willing to pay. Regardless of their input costs.
When you have events that potentially disrupt the supply of a product people want to stock up to make sure they don't get caught without it later, so they are willing to pay more. So businesses charge more. That is how capitalism works.
If you were right, there would be no such thing as "price gouging". A hurricane coming through does not suddenly cause a generator to cost three times as much to manufacture. Or suddenly make gasoline multiple times more costly to produce. But "price gouging" is very real, and people complain about it regularly during disasters.
You are the perfect example of why manufacturing is declining under Trump. Because conservatives don't understand business, or the economy. Once the adults (Democrats) who actually understand economics get back in charge then manufacturing will probably start increasing again.
Democrats threaten to starve their SNAP recipient voters again.
#16 | Posted by THEBULL
SNAP is already funded for the rest of the year.
Dems made sure they got that from the last shutdown. Republicans can't starve poor people this time to force Dems to cave.