3d ago

JD Vance finally admits what Trump’s big plan to lower food prices is | The plan is no plan.

newrepublic.com JD Vance Finally Admits What Trump’s Big Plan to Lower Food Prices Is

The plan is no plan.

Summary

Vice President JD Vance claimed that Donald Trump’s policies will lower grocery prices, but he failed to provide details.

Instead, Vance emphasized vague goals like increasing capital investment and job creation.

Meanwhile, Trump’s recent tariff threats, including a 25% increase on Colombian coffee imports, have driven coffee prices higher, exacerbating grocery costs.

Critics note Trump's shifting narrative, as he now admits it is "hard to bring things down once they’re up."

Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.

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“The way that you lower prices is that you encourage more capital investment into our country,” Vance added.
This clown hasn’t a clue how the economy works.
- There are only 3 ways to lower(that came to my mind) prices in a quick way.
  1: Abandon regulations. If corporations don't have to invest into safety, ecology and such stuff they have lower production costs which can mean lower prices.
  2: More competition. If corporations have to compete with each other they usually start a battle over who gets the best quality for the lowest price.
  3: Subsidies. Nothing to say here I guess.
  Edit: Point one and three lower production costs. As others have already pointed out, these dont mean lower prices, but more profit for companys
  
  4 - Reduce Profit Margin.
  
  1: Abandon regulations. If corporations don't have to invest into safety, ecology and such stuff they have lower production costs which can mean lower prices.
  I think corporations have pretty clearly demonstrated an unwillingness to pass savings in their production chain on to the consumer. For example, very few items have gone back down to their pre-pandemic price point, even though scarcity and supply chain issues from COVID have largely resolved.
  
  Corporations don't willingly give up money. In circumstances like 1 and 3 they'll more likely just say "thanks for making line go up more" lol. COVID imposed some supply issues that I would assume are mostly mitigated by now, but I haven't seen costs decrease, only increase--so now we have record profits in many contexts. Subsidies can sometimes help, but it seems to me that the most effective subsidies (in terms of lowering cost) are those with significant, more powerful corporate players downstream (e.g., corn in the US) rather than those purchased by individual consumers who have comparatively little power.
  I don't know that 2 is necessarily quick, but competition can indeed lower prices if a competitor can actually survive against the behemoths in their respective markets. In those instances, corporations can try to shape regulation to squash the upstarts while leaving the big players alone.
  I'm not sure that government really has the ability to lower prices in a way that isn't somehow perverted by large corporate entities given the power they have.
  
  Nationalize the companies involved in production and distribution and eliminate profit, making and selling everything at-cost also works.
  
  There's too much evidence all over the world that point 1 would never work. If deregulation relieve then from certain costs, they'll happily enjoy higher profits. 🤷
  
  Reduce trade barriers, like tariffs
  
  Secret option 4: general strike. Pay us more, charge less, or we'll eat the wealthy before we go hungry.
  May 1st. 2028. We all walk out together.
- It's all gonna trickle down any day now, right?
- He knows a lot better than the clowns that voted him in. Lowering prices would mean deflation and that's pretty much universally seen as a bad thing. The best you can do is increase wages. Of which the GOP will do nothing about.

"Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee."
Almost like it was never about egg prices at all for alot of them

The plan is to let prices go up (predictably, given tariffs) while forever promising people that prices will come down soon. I'm sure it will happen right after the wealth Reagan promised finally trickles down.
- Ah, like Infrastructure Week 2.0
  
  Ah, like the beautiful Healthcare Plan
- Meanwhile they will keep finding and making enemies to blame the high prices on.
- The actual Trickle Down economy: Getting drenched in a golden shower while waiting for your millions
  
  Fun fact: "trickle down economics" is just rebranded horse and sparrow economics. The idea being that if you overfeed your horse, it won't digest it all and the sparrow will be able to sift through the horse shit to find bits of food to eat.
  
  I don't think we get the luxury of it being golden with diaper don.

increasing capital investment and job creation.
So giving rich people money, same plan as the last forty years.
Brilliant.

You mean the man who said he had concepts of a plan didn't have a plan? Color me shocked.
- He once smelled someone’s seat who had the concept of a plan. That must count for something

Oh hey, that's his plan for healthcare costs too.
Funny enough, not his plan for how to resolve issues with minorities wanting rights
- Executive orders don't work for things like reigning in corporate greed. They work for everything else. But helping a large portion of the nations backbone? Can't do it. Won't even try.
  -DJT (probably)

It seems like it's kept in the same binder Trump keeps his healthcare plan and his plan to end the war in Ukraine
Trump just wants to be president, he doesn't want to do president

The republican plan is to lie and get elected so they can rape the nation. They don't care about citizens. They are here to make money and take yours.
- Conservatism is an oil drill trying to drill entire countries.

Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.
Translation:
Let them eat cake

Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.
- Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.
  FFS. How many times were the Democrats and others declared "elitist" and "out of touch" when they pointed to ACTUAL indicators of a good economy under Biden?
  Now, when prices jump, they are telling people to drink gawdawful shit like Taster's Choice? Gosh, that doesn't sound like mansplaining or paternalistic or elitist or all the other things I was told the Democrats supposedly were being....
  I bet that fucker Kilmeade who I'm sure is being paid millions per year to be stupid on television is not going to be drinking shitty coffee himself. Everyone else can eat cake, though.
  
  What are the actual indicators of a good economy?
  
  Not all instant coffee is terrible. There's a wide variety in quality there just like with full beans.
  Also keep in mind that the average American is used to shit like Folger's in a Mr. Coffee, a Keurig K-cup, or the burnt espresso from Starbucks.
- Instant coffee isn’t shamed here in colombia. It’s actually the most popular way to drink it. It’s prepared extra sweet with no milk and they call it tinto.
  
  That's great and all, but taking away an option and saying "the other option is good so why bother getting upset about it" is minimalizing the core issue. International tariffs are going to reduce consumer options and artificially raise prices.
  That's totally ignoring the ethical sourcing issues with coffee as well. Specialty coffee companies have been working directly with growers in countries like Colombia, Peru, Uganda, Indonesia, etc. to give them fair wages and to combat monopoly pricing in the industry. I've spent $100 on a drum roaster to be able to buy green coffee from responsible companies that pay farmers a living wage. In the end, my home-roasted coffee costs less per pound than Great Value brand pre-ground coffee from Walmart. So now if buying green coffee gets too expensive, I'm expected to go from roasting for my own taste preference, grinding fresh beans, and brewing espresso...to instant coffee. Which in the United States is almost universally bitter dark roasted coffee with no regionally distinct tastes.
  
  Interesting. I don't hate instant coffee, but never really buy it either except for the occasional tiny jar of decaf to keep on hand if Grandma visits (that is her jam lol).
  The Simpsons reference was more toward the "cheaper alternatives" mentioned in the same quote, though.
- Instant coffee which is made from instant and not from coffee?
  Those maga dead brains really know how to solve problems.
  
  I like different coffee for different purposes. Instant coffee is mostly made from commodity coffee and blends in Robusta (which I don't like, personally).
  That said, in a pinch, or if I can't be bothered with the whole shebang of a pour over or espresso. Mix in a little milk and sweetener and it's quite enjoyable.
  That all being said, this is some mega MAGA copium they're pumping out.
- With the tariffs you'll be settling for Columbia's Shame instead.

Trump should tax the chickens and deport the ones who don't produce eggs. That'll scare the others to ramp up production. Trickle down theory for the win. /s

Eggs.. Now coffee.. TIL conservatives hate breakfast.
- It's because those gays run bed and breakfasts, up next on the docket for conservatives are beds.
  
  Yeah, these zellenials spending all their time eating avocado taquitos on their memory foam mattresses are destroying the economy. In my day, we slept on asbestos and mouse poop mats and we liked it.
- Columbia's biggest export to the U.S. is crude oil. So oil prices higher from Canada, this would have been higher oil prices from Columbia... But I believe he didn't do the tarrifs. Guys a dumbass
  
  Well, we're only 8 days in. Still plenty of time for him to tariff all of our tits off.

There's only one way to lower prices. Extremely aggressive government action that will never happen, especially under a Trump adminstration.
First, they would have to hold Congressional hearings and drag the CEOs of these large corporations in front of the House to explain why their profit margins are going up far faster than normal inflation pressures should dictate, and why this trend started during the COVID pandemic. Let these CEOs try to explain away the price gouging and the profiteering. Hold CEOs in contempt if they refuse to answer or give one of those meaningless word salads of buzzwords meant to say a whole lot of nothing, and actually start jailing these bastards for 30 days for trying to tiptoe around it.
Tax profit margins that are above 2019 levels for the industry at 100%. If the average profit margin for the industry in 2019 was 5% and your company suddenly has a 10% margin in 2024, then tax that additional 5% at a 100% tax rate. Make price gouging both illegal and pointless since the government would just take it all anyway.
When CEOs start having to make regular trips to Washington to explain why their profits keep skyrocketing and the government comes in to take all that excess profit anyway, and watch prices come back down.
- This, but retroactively as well.

Most of these clowns have no idea of how basic economics work. They don't even understand basic US history. We tried the tariffs and isolationism route, guess what happened? Great Depression.

So… wait. A conservative laid out a rug, somehow got themselves elected, and then…. pulled it? As a big fan of rugs, I must say that I am very upset by this.

Does this surprise anyone? I doubt they even have concepts of a plan, because they don't give a fuck.

What a giant ass. He has nothing to offer at all. Just a fraud.

We told you so.

Same as their healthcare plan.
- Listen, I've heard from a very reliable source that there is a concept for a plan.

Nothing will be done to help regular people. All the talk is cover for the grifting and destruction.

suggesting cheaper alternatives (to coffee) like instant coffee.
I... I... I can't even. What do these people think instant coffee is? It's still fucking coffee. Freeze dryed concentrated coffee. You still need coffee beans to make it. The price hike will still make instant coffee more expensive too. You're. So. Fucking. Stupid. MAGA.

I can come up with a semi successful plan in five minutes, yet both democrats and republicans rather waddle their toes around because big businesses are in their pants, and democrats barely gain shit because they can't even win an election to begin with

Since when do pipes become replacements for periods?

He didn't say there were concepts of a plan? This is outrageous!

Dont worry, im sure they have concepts of a plan :3

Sooner or later everyone is going to have to accept these are the new regular prices.

How does it differ from democrats' plan to lower food prices?
- Well for a start Democrats weren't planning to turbocharge inflation by putting tariffs on everything. So already their plan was better.
- Harris' plan was to ban price gourging which would put a cap on the price.
  Trump doesn't have a plan to lower food prices.
  That's the difference.
  
  Here's the thing.. As wishful thinking as this sounds... You and I both know this would have instantly been appealed by every major food manufacturer in the entire country and the SCOTUS would overturn it because it defeats the "free enterprise ideals" of capitalism.
- Step 0. Inflation came back down to almost normal. Prices should no longer be increasing ass quickly
  Step 1. Stabilize trade
  Step ?: investigate price gouging
  Step ?: explain the temporary impact of avian flu on poultry related products
  
  Step 0. Inflation came back down to almost normal. Prices should no longer be increasing ass quickly
  Your increase in suffering has slowed. Why aren't you happy?
- Democrats had a plan

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