ST Alpha - "Part of the problem is that people expect prices to return to pre-pandemic levels. That isn't going to happen." (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 155

In response to "the comms team, not so much -- nm" by hollywood big shot

Part of the problem is that people expect prices to return to pre-pandemic levels. That isn't going to happen.

Posted by Fuzzy (aka mrfuzzy) Aug 16 '23, 10:36

A return to pre-pandemic inflation without triggering a recession was always the best result available to us. The fact that they pulled it off is a huge victory.

But the average person sees that they are still paying more for groceries and rent than they were in 2019 and their sentiment about the economy is negative. And they blame the current administration.

Responses:

It's most obvious to me at the fast food checkout. Those $7 combos became $10 really quickly. -- nm - Bari Seldon Aug 16, 10:41 2
- the fact that people haven't apparently stopped buying them, and are actually buying even more, belies the expressed consumer sentiment -- nm - hollywood big shot Aug 16, 10:44 1
  - When you gotta have a McRib.... -- nm - Bari Seldon Aug 16, 10:46
if the previous administration had these kind of economic numbers after COVID, you'd think it was the Second Coming - hollywood big shot Aug 16, 10:39

Post a message top

Part of the problem is that people expect prices to return to pre-pandemic levels. That isn't going to happen.

Replies are disabled on threads older than 7 days.