Great cover for increased pricing': CEOs say Trump policies help them gouge customers

[ColdHardTruth]

'Great cover for increased pricing': CEOs say Trump policies help them gouge customers​

American corporate executives are openly acknowledging that they’re exploiting President Donald Trump’s controversial tariffs as “great cover” to justify their price hikes.

The New Republic highlighted a Groundwork Collaborative report published Tuesday which revealed that, in their own words, top executives are exploiting Trump’s erratic tariff strategies to jack up the price tags on consumer goods.

Great job MAGAS.

Your bad judgment is helping corporate scum rape the public.

MSN

 

[dmpi]

Is charging the most that customers are willing to pay evil? Customers want to pay the lowest price possible too. And it's the consumer that make the final buy/no buy decision. The informed consumer is not a victim, rather he/she is empowered.

 

[Lycanthrope]

For instance, Holley’s CEO Matthew Stevenson reportedly said that the market has seen “price increases well in excess of what we put out into the market,” citing examples where competitors raised prices by “as high as 30 percent or more on some categories."

Generac’s CEO Aaron Jagdfeld remarked, per the report, that “even if we have metals that weren’t impacted directly by tariffs, the indirect effect of tariffs is that it gives steel producers and the mills and other fabricators ... great cover for increased pricing in some cases.”

Well - I have no doubt el Taco Gordo won't stand for this! EO inbound - THANK YOU FOR YOUR ATTENTION TO THIS MATTER!!!

 

[Lycanthrope]

Is charging the most that customers are willing to pay evil? Customers want to pay the lowest price possible too. And it's the consumer that make the final buy/no buy decision. The informed consumer is not a victim, rather he/she is empowered.

And if the goods/services are a need and not a want, and every supplier is jacking up prices because their competitors are?

 

[Helix]

Greedflation.

 

[noonereal]

Is charging the most that customers are willing to pay evil? Customers want to pay the lowest price possible too. And it's the consumer that make the final buy/no buy decision. The informed consumer is not a victim, rather he/she is empowered.

Stupid post. You clearly do not understand the issue at hand.

 

[Questerr]

Is charging the most that customers are willing to pay evil? Customers want to pay the lowest price possible too. And it's the consumer that make the final buy/no buy decision. The informed consumer is not a victim, rather he/she is empowered.

Which is why corporations also do everything they can to hide information from consumers unless forced otherwise by the law.

 

[Questerr]

And if the goods/services are a need and not a want, and every supplier is jacking up prices because their competitors are?

@dmpi has no clue what “elasticity of demand” is.

 

[roberthughey]

I have never heard of any of those companies.

 

[Stealers Wheel]

We see this in the retail gas markets all the time. OPEC will anounce an increase in the price of a barrel of crude oil, and gas stations from coast to coast immediately raise their prices, even for the gas in their tanks that they have already paid for. Yet, if there is a drop in crude, it can takes weeks and even months for the lower price to be reflected at the pumps.

 

[ColdHardTruth]

Is charging the most that customers are willing to pay evil? Customers want to pay the lowest price possible too. And it's the consumer that make the final buy/no buy decision. The informed consumer is not a victim, rather he/she is empowered.

What utter poppycock.

Corporate executives have always been scum.

Forcing higher prices on consumers is unacceptable. Those responsible are the type of scum that are ruining this country.

Also... defending corporate thievery is a bad look.

Be well.

 

[dmpi]

And if the goods/services are a need and not a want, and every supplier is jacking up prices because their competitors are?

Ask yourself, what are needs, and what are wants? If you think about it, almost everything is a want, not a need. And if it's truly a need, the goverment will provide you it for free. That's how poor people survive.

 

[Questerr]

Ask yourself, what are needs, and what are wants? If you think about it, almost everything is a want, not a need. And if it's truly a need, the goverment will provide you it for free. That's how poor people survive.

The government that conservatives like you are gutting the services of?

 

[dmpi]

Stupid post. You clearly do not understand the issue at hand.

What is the issue? Is it you (the consumer) against big bad corporate America? If you don't like their pricing & products, don't buy it.

 

[dmpi]

The government that conservatives like you are gutting the services of?

We expect you to become a productive member of society, get a job and earn enough to provide for your own basic needs.

 

[ttwtt78640]

And if the goods/services are a need and not a want, and every supplier is jacking up prices because their competitors are?

That’s called inflation (or greedflation).

 

[Questerr]

We expect you to become a productive member of society, get a job and earn enough to provide for your own basic needs.

Thank you for confirming the government will not provide for people’s needs and undermining your own argument.

 

[ttwtt78640]

What utter poppycock.

Corporate executives have always been scum.

Forcing higher prices on consumers is unacceptable. Those responsible are the type of scum that are ruining this country.

Also... defending corporate thievery is a bad look.

Be well.

Hmm… do you feel the same about employees expecting periodic pay increases?

 

[dmpi]

Thank you for confirming the government will not provide for people’s needs and undermining your own argument.

Government aid should be temporary as needed rather than permanent. None of this lifetime welfare.

 

[Questerr]

Government aid should be temporary as needed rather than permanent. None of this lifetime welfare.

Thank you again for confirming you were lying when you said the government pays for everyone’s needs.

 

[Lycanthrope]

Ask yourself, what are needs, and what are wants? If you think about it, almost everything is a want, not a need. And if it's truly a need, the goverment will provide you it for free. That's how poor people survive.

The simplemindedness of this post is remarkable.

 

[ataraxia]

Is charging the most that customers are willing to pay evil? Customers want to pay the lowest price possible too. And it's the consumer that make the final buy/no buy decision. The informed consumer is not a victim, rather he/she is empowered.

What happened to all this when they were doing this under Biden, and MAGA was claiming that was all Biden's fault?

 

[Lycanthrope]

That’s called inflation (or greedflation).

And corporations are indulging in it thanks to Taco tariffs.

 

[ColdHardTruth]

Hmm… do you feel the same about employees expecting periodic pay increases?

Typically, employees earn those increases.

Your comparison will not be valid until corporate scum is not being paid 300-500% more than employees. The CEO can take a pay cut so that the employees can have a raise.

 

[reinaert]

We see this in the retail gas markets all the time. OPEC will anounce an increase in the price of a barrel of crude oil, and gas stations from coast to coast immediately raise their prices, even for the gas in their tanks that they have already paid for. Yet, if there is a drop in crude, it can takes weeks and even months for the lower price to be reflected at the pumps.

To be fair, on-site never makes that call unless it is a momnpop.