Price Gouging: Kroger Admits They Raised Milk and Egg Prices Beyond Inflation Costs

A Kroger executive admitted in court that they jacked up prices of milk and eggs beyond the inflation costs according to a new report.

Huh? Where have I heard this before. Oh yeah…..from Kamala Harris.

Vice President Kamala Harris, the 2024 Democratic presidential nominee, recently unveiled her plan to crack down on grocery inflation, which includes what would be the first-ever federal ban on excessive overpricing of food and groceries.

This was disclosed in court as the FTC sought to block the company’s merger with Albertsons arguing that this will raise prices of groceries for consumers.

This tells me Kamala was right and knew what was happening. She came under fire from some quarters and so called “economists” for her announcement but now she is being vindicated.

In fact, a week after Kamala made the announcement, Walmart dropped the prices of 7,000 items.

Walmart has announced it is lowering prices on thousands of products in what could be a big win for Kamala Harris in the run-up to November's presidential election.

The retail giant is set to slash prices on more than 7,000 items, including groceries, with just over two months left before polling day. "As it relates to value, we're lowering prices," Walmart CEO Doug McMillon said in a call with investors regarding second-quarter earnings, according to CNBC. "We have less upward pressure, but there are some that are still talking about cost increases, and we're fighting back on that aggressively because we think prices need to come down." according to a Newsweek article

Bottom line is, Kamala bet on the middle class and she is being vindicated.