Tag: gas prices

Frieda’s Wandering Political Thoughts

Things have been going on that I didn’t notice.

Ford and GM have both announced production increases. Ford focused on its lowest priced vechicles. GM focused on its truck production in Indiana. Both moves are attempts to offset expected losses coming from the Trump tariffs.

The measles outbreak in Texas continues growing. 481 total cases, with 59 new cases over the last three days. Five states now report outbreaks. An outbreak in Mexico is related to the Texas outbreak.

Oil prices have dropped to their lowest in three years. Oil prices are softer because energy companies expect less demand due to economic downturns. Those downturns are associated with less manufacturing production, a decrease in international trade, and a drop in travel to and from the United States.

It can mean some good news for people. Gas prices have dropped and will drop more in the short term. Watching how the mounting problems at national parks, such as closures, no trash pick up, reduced staffing, and congestion caused by those things, will affect travel as the weather warms in the United States.

Several articles which pointed out major problems with PINO Trump’s trade war. All are classic errors. No exit strategy; a poorly defined enemy; no clear terms for victory. These factors sank multiple efforts to change things in decades past. If Trump fails — or when he fails — he’ll blame others. His family’s motto is, “It’s not my fault.”

Despite the great Jobs Report, layoffs spiked by 205% last month. This represents the third-highest monthly total ever recorded.

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So, Chipotle

I won’t be eating at Chipotle restaurants for a while, if ever.

The Guardian had an article that mentioned Chipotle by name.

“As inflation shot to its peak around mid-2022, Chipotle’s prices also rose, pushing up what customers paid for burritos and bowls by as much as several dollars. Since then, the fast casual restaurant’s costs have broadly fallen. Prices have not.

“Chipotle’s decision to maintain high prices helped boost profits 110% in recent years, while its executives boasted to investors that they raised prices higher than inflationary costs.”

There’s a list of companies and their profits in the article. Like Cheesecake Factory, with a fat 471% increase. Won’t be going there, thanks.

TBH, I only visit three of these places and it’s not that frequently. My exception is Starbucks. They’re one of my regular Ashlandia coffee haunts because the local places that I loved are gone. That just sucks.

Meanwhile, as you prepare to vote and you hear people complain of inflation and high prices, mention this article. Also mention that energy companies have seen record profits as well.

And let’s not forget grocery stores.

Face it, boys and girls, as voters scream about inflation and corporations complain about wages, regulations, and taxes, corporate executives are becoming stupidly rich.

All at the nation’s expense.

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