Trump and Grocery Prices

Trump promised he would lower grocery prices and it doesn't seem to be happening anytime soon.

Now remember the grocery stores tried blaming the rising costs on inflation, but it later came out that they were making record profits. 

This means that while their costs may have gone up say 5% your costs went up 10%. This should not be legal. Of course if their prices go up, so should yours, but it should be at an equal rate. If they were doing fine with a 10% mark up or whatever the number may be, then there's no reason for them to put a 20% mark up on it once their costs go up, because then they are just screwing the consumer.

For those who need it simplified here is a small explanation

Now for this let's assume the word "cost" means all expenses as in the item, employee pay, and bills, so that every penny they make after the cost price is no profit. as in it cost them $1 if they charge $1.01 they make a profit.

If before inflation an item cost $1 and they charged you $1.25 that would be a 25% mark up.
Now let's say with inflation the item costs them $2, they should be able to make the same profits with a 25% mark up of $2.50. 

Now with that basic information their profit margins should be the same and they should be able to stay in business.

But like stated before their profits have increased under so called inflation, meaning they might have had a mark up of 25% before inflation (like the example before) but now they have a mark up much higher.

Trump needs to make it illegal to price gouge on necessities such as food.

There needs to be some sort of standard rubric where a company can not charge more than a certain percentage of their costs on food.

Another way to bring prices down, (which would potentially bring wages up) is to make a law stating the executives can't make X percent more than the average employee.

Back in the day, the era the MAGA movement idolizes, CEOs only made about 20 to 40 times what the average worker made and now it is over 300 times. If we went back to the old pay scale CEOs would still be making plenty of money, and there'd be more money left over to keep costs down and/or pay employees.