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Trump says slashing grocery prices will be ‘very hard’

essentialsaltes

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‘Running out of money’: Kraft, McDonald’s, Whirlpool CEOs all issue same dire warning about US consumers. Get ready now

American consumers have kept the economy afloat for years, even as inflation, high borrowing costs and rising grocery bills squeezed household budgets. But some of the country’s biggest corporate leaders are now warning that shoppers may finally be hitting a breaking point.

“They’re literally running out of money at the end of the month,” [Kraft Heinz CEO] Cahillane said in a recent interview (1). “We’re seeing negative cash flows in the lower-income brackets where they’re dipping into savings.”
 
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Nithavela

you're in charge you can do it just get louis
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‘Running out of money’: Kraft, McDonald’s, Whirlpool CEOs all issue same dire warning about US consumers. Get ready now

American consumers have kept the economy afloat for years, even as inflation, high borrowing costs and rising grocery bills squeezed household budgets. But some of the country’s biggest corporate leaders are now warning that shoppers may finally be hitting a breaking point.

“They’re literally running out of money at the end of the month,” [Kraft Heinz CEO] Cahillane said in a recent interview (1). “We’re seeing negative cash flows in the lower-income brackets where they’re dipping into savings.”
Silly man, that's what debt is for.
 
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Desk trauma

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I think the Bible says debt is good.
As the bible says, the borrower is slave to the lender. This is clearly a good thing for the irresponsible poors as enslavers look out for their property, helping them learn skills for their benefit, and would never work them to death or anything silly like that.
 
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durangodawood

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As the bible says, the borrower is slave to the lender. This is clearly a good thing for the irresponsible poors as enslavers look out for their property, helping them learn skills for their benefit, and would never work them to death or anything silly like that.
Verily the poor are not morally capable of owning themselves.
 
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essentialsaltes

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Trump says ‘I love the inflation’ after consumer price index hits 3-year high

President Donald Trump on Wednesday said, “I love the inflation” after being asked if he was concerned about new consumer price index data that showed the annual inflation rate at 4.2%, a three-year high.

Trump, speaking with reporters in the Oval Office, also predicted that inflation is “going to come down like a rock” after the United States’ war against Iran is over.
 
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