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In reply to the discussion: Supermarkets profited off pandemic and supply chain problems, FTC says [View all]ProfessorGAC
(65,334 posts)30. While A Big Issue...
...let's not forget that the shock to the supply chain was far more severe than necessary for 2 big reasons:
1. The poor response to COVID that then resulted in a panic when the "shock" that it was real hit all at once. Insufficient attention is applied to the misadministration's fumbling of this.
2. The failure of manufacturers & distributors to have a contingency plan. They ran inventories at ridiculous J-I-T levels and when COVID caused an uptick in demand the whole system collapsed.
This whole affair reflects the issue when margins & stock price are the sole focus of far too many large companies.
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Supermarkets profited off pandemic and supply chain problems, FTC says [View all]
BumRushDaShow
Mar 25
OP
Well, it's a sliding scale thing, so if you're single and making a little money (in my case, SS!), you'll get some help
Leghorn21
Mar 25
#20
Not surprised. That's why I wish we went back to more regressive taxes, so that those that profit
SWBTATTReg
Mar 25
#4
Ya think????????? So f'in obvious. Across all sectors. Not you personally. BRDS..
Evolve Dammit
Mar 25
#21
These facts must be showcased every time the word inflation comes up in the campaign.
jaxexpat
Mar 26
#33
Most of us suspected this, but to see actual analyses to back it up is jaw dropping.
iluvtennis
Mar 26
#38