Summary

Vice President JD Vance claimed that Donald Trump’s policies will lower grocery prices, but he failed to provide details.

Instead, Vance emphasized vague goals like increasing capital investment and job creation.

Meanwhile, Trump’s recent tariff threats, including a 25% increase on Colombian coffee imports, have driven coffee prices higher, exacerbating grocery costs.

Critics note Trump’s shifting narrative, as he now admits it is “hard to bring things down once they’re up.”

Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.

  • RememberTheApollo_@lemmy.world
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    3 days ago

    “The way that you lower prices is that you encourage more capital investment into our country,” Vance added.

    This clown hasn’t a clue how the economy works.

    • BrianTheeBiscuiteer@lemmy.world
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      3 days ago

      He knows a lot better than the clowns that voted him in. Lowering prices would mean deflation and that’s pretty much universally seen as a bad thing. The best you can do is increase wages. Of which the GOP will do nothing about.

  • floofloof@lemmy.ca
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    4 days ago

    The plan is to let prices go up (predictably, given tariffs) while forever promising people that prices will come down soon. I’m sure it will happen right after the wealth Reagan promised finally trickles down.

    • IninewCrow@lemmy.ca
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      4 days ago

      The actual Trickle Down economy: Getting drenched in a golden shower while waiting for your millions

      • P00ptart@lemmy.world
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        4 days ago

        Fun fact: “trickle down economics” is just rebranded horse and sparrow economics. The idea being that if you overfeed your horse, it won’t digest it all and the sparrow will be able to sift through the horse shit to find bits of food to eat.

  • ObliviousEnlightenment@lemmy.world
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    3 days ago

    “Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.”

    Almost like it was never about egg prices at all for alot of them

  • Zier@fedia.io
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    4 days ago

    The republican plan is to lie and get elected so they can rape the nation. They don’t care about citizens. They are here to make money and take yours.

  • BeMoreCareful@lemmy.world
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    3 days ago

    increasing capital investment and job creation.

    So giving rich people money, same plan as the last forty years.

    Brilliant.

  • HappySkullsplitter@lemmy.world
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    3 days ago

    It seems like it’s kept in the same binder Trump keeps his healthcare plan and his plan to end the war in Ukraine

    Trump just wants to be president, he doesn’t want to do president

  • captainlezbian@lemmy.world
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    3 days ago

    Oh hey, that’s his plan for healthcare costs too.

    Funny enough, not his plan for how to resolve issues with minorities wanting rights

    • Subtracty@lemmy.world
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      Executive orders don’t work for things like reigning in corporate greed. They work for everything else. But helping a large portion of the nations backbone? Can’t do it. Won’t even try.

      -DJT (probably)

  • bitwolf@sh.itjust.works
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    3 days ago

    Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.

    Translation:

    Let them eat cake

    • T00l_shed@lemmy.world
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      3 days ago

      It’s because those gays run bed and breakfasts, up next on the docket for conservatives are beds.

      • TimmyDeanSausage @lemmy.world
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        3 days ago

        Yeah, these zellenials spending all their time eating avocado taquitos on their memory foam mattresses are destroying the economy. In my day, we slept on asbestos and mouse poop mats and we liked it.

    • LifeInMultipleChoice@lemmy.world
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      3 days ago

      Columbia’s biggest export to the U.S. is crude oil. So oil prices higher from Canada, this would have been higher oil prices from Columbia… But I believe he didn’t do the tarrifs. Guys a dumbass

  • Tronn4@lemmy.world
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    3 days ago

    Trump should tax the chickens and deport the ones who don’t produce eggs. That’ll scare the others to ramp up production. Trickle down theory for the win. /s

  • Nightwingdragon@lemmy.world
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    3 days ago

    There’s only one way to lower prices. Extremely aggressive government action that will never happen, especially under a Trump adminstration.

    First, they would have to hold Congressional hearings and drag the CEOs of these large corporations in front of the House to explain why their profit margins are going up far faster than normal inflation pressures should dictate, and why this trend started during the COVID pandemic. Let these CEOs try to explain away the price gouging and the profiteering. Hold CEOs in contempt if they refuse to answer or give one of those meaningless word salads of buzzwords meant to say a whole lot of nothing, and actually start jailing these bastards for 30 days for trying to tiptoe around it.

    Tax profit margins that are above 2019 levels for the industry at 100%. If the average profit margin for the industry in 2019 was 5% and your company suddenly has a 10% margin in 2024, then tax that additional 5% at a 100% tax rate. Make price gouging both illegal and pointless since the government would just take it all anyway.

    When CEOs start having to make regular trips to Washington to explain why their profits keep skyrocketing and the government comes in to take all that excess profit anyway, and watch prices come back down.

  • ChiefGyk3D@infosec.pub
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    3 days ago

    Most of these clowns have no idea of how basic economics work. They don’t even understand basic US history. We tried the tariffs and isolationism route, guess what happened? Great Depression.

    • zib@lemmy.world
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      4 days ago

      Listen, I’ve heard from a very reliable source that there is a concept for a plan.