Costco 2015 vs Costco 2023 🛒 (3 of 5)

[@James-vy5ng]

If you’re not getting a 3% raise every year, you’re getting a pay decrease.

[@Kyle-nm1kh]

Yeah but good luck negotiating that when they can hire someone else and fire you at any moment

[@ricardovalentin2410]

​. Sadly this is true😢

[@_Coffee4Closers]

You are also probably a really bad worker...

[@Vmaster005]

@@James-vy5ng Pay is Cap is detrimental

[@skoshunt]

If you were making $20 an hour in 2015 23% would be $24.60in 2023

[@peachezprogramming]

mf kept the receipt from 8 years ago. Should be in charge of governmental accountability office.

[@greenrifters8552]

Couldnt had said better 😂

[@louierockefeller9371]

I was thinking the same thing I don't even have my receipt from last night

[@Sacred_Fire]

​@@louierockefeller9371🤣

[@asadb1990]

Im curious how this receipt didn't fade after 8 years lol

[@DoubtingTaom]

Should be in charge of stopping producers, more the stores, from gouging their customers.

[@rodrigovillegas2263]

“I didn’t get a 23% increase in pay.” That my friend was the right answer.

[@mathgasm8484]

my income about doubled over 8 years lol.

[@rodrigovillegas2263]

@@mathgasm8484 good for you, man. Good for you.

[@Supersquishyawesomeness]

@@mathgasm8484so you do exactly the same job?

[@stankaus]

Idk my annual review for pay increase can be from 6 to 12 percent, so over 8 years I'd be well over the increase, but even still it's a crazy increase in food prices

[@LuisSanchez-xc9ih]

Really? Did he kept the same job? What if he was making 18 at his old job and now he’s making 22 that’s 23% pay increase but we don’t talk about that

[@zks0209]

It's 2.57% annually over 8 years, just around the inflation rate. Seems like Costco has done a good job of keeping the prices in control.

[@michaela8614]

Exactly!

[@JoelUldrych-kh2sc]

Don't forget it's not free to shop there. Executive membership is now about $130 annually.

[@amandarose4399]

It did not gradually rise. It skyrocketed after the 2020 election.

[@lukek1949]

@@amandarose4399 Correct! There would’ve been hardly any change from 2015-2020. Almost all that increase would’ve been in the last 2 years. Costco generally has been pretty good with prices. But even they have had to raise prices.

[@cliffordwilliams8286]

@@amandarose4399 that was a result of covid. Which the president from 2016 to 2020 failed to protect this country from due to his lack of international détente

[@ploobr132]

$140 in 2015 is equivalent to $185 today. I'd say Costco is doing a decent job keeping their prices down.

[@gailschannels]

And of the big 3 they are highest. I buy at bjs. But I find with anything (I'm 80 ) ALWAYS shop around.

[@sarahgirard1405]

I think so too. I saw someone do the same with a Walmart order from idk 3 years ago? It went from 120 to 400… so I guess it also depends on where and what you buy. This cart looked like a lot of produce…

[@jmrm01]

Actually, 23% is almost exactly the Consumer Price Index increase in prices. The best you can say is Costco didn't use inflation as an excuse to gouge their customers.

[@ForumArcade]

... This video is an example of how you find out how much money is worth today. That's what they're calculating. Assuming the value of the goods is constant relative to the value of currency (which it isn't, but across a large enough index you can get a decently accurate estimation).

[@lancepage1914]

At the end of the day Costco needs people to buy their shit, it's not wise to price gouge on necessities especially in this economical climate. Then everyone loses. We have seen plenty of it since Covid.

[@LevTem]

I work at Costco, and my pay has increased 20.8% in the past 8 years. Those groceries were 22.5% more than before. My cost of living has changed only by 1.7% based on my information and your calculations. However, my rent has increased by exactly 50% in 8 years from $1100 to $1650. Now THAT'S the bullshit.

[@Parnel-kj1ou]

Millionaires are advertising how to buy up single family homes & how to charge ludicrously high rents as investments to grow rich on. After all, don't we all want to be billionaires? I don't want to by causing a housing crisis! Those seeking wealth, by any means possible are sick. Enough is never enough & to hell with their fellow man.

[@danielk6537]

This is the right question - has your wage kept up with the inflation?

[@cjhoward409]

And gas has doubled

[@ShG2022]

@@LevTem Rent is the biggest factor affecting cost of living. It reduces ur disposable income

[@DMKFACTOR]

Not 🐂💩, supply and demand! Not a lot of supply and lots of demand!

[@ThoughtsOnNews]

It would be 50-60% higher doing the exact same test in a supermarket. Costco was a mild increase, comparatively.

[@ShG2022]

the biggest grocery price increase I have seen in 5 yrs when I first immigrated to the U.S. is on the price of cooking oil. Canola oil was $5 a gallon and now it's $13.

[@allthingsharbor]

True, I pretty much buy the same things at my grocery every two weeks. It used to cost me $120 and now costs roughly $180.

[@johnkelly9451]

Paper products were through the roof for some reason for a little while. They've returned to manageable price now. Eggs, potatoes same, now ok again. Our go to spaghetti, eggs, potatoes we wondered if we could afford for a little while. Thank goodness for Ramen and hot dogs. We had dinner and said thanks Pres Biden. But we were thankful we had something to eat.

[@theurbanthirdhomestead]

I agree. I might try this with one of my old receipts.

[@Holly24tm]

I agree. This total seems very low. Increases are more like 50 percent most places.

[@MandM_IMO]

Costco is still the most diligent in NOT increasing prices more than it is necessary. Other grocers around us have been increasing prices by almost double. We just bought a cake in a near by grocery store for a birthday and that cake exactly two years ago (for the same person's birthday) was almost half the price. The same store is now charging for watermelon almost three times the price from last year. Three times!!

[@ruthiepoo2503]

Exactly. I went to buy 5 dozen eggs at Walmart & they were $20! 😮

[@sallyproto2355]

I wouldn’t go to that store anymore

[@ruthiepoo2503]

@@sallyproto2355 it’s Walmart. WA state is ridiculous

[@MandM_IMO]

@@sallyproto2355 True. We don't buy every day groceries there but their cakes are great. However, that's it for us, no more cakes from them.

[@goldbrick2563]

In my area people refused to buy the $9.99 overpriced watermelon at the beginning of the summer...it's priced at $4.99 now

[@KingFergus]

And you're probably not calculating that there's less in the packages..

[@shayalexander8296]

Right!

[@roospike]

True that

[@FordFalcon1962nBlue]

true so that 23% is more like 30-35%

[@HUMANOID6969]

I'd say 50% honestly

[@roselynn816]

Yes, exactly that too.

[@BeautifulGirl735]

Anyone else expecting a bigger increase?

[@beddythecorgi4269]

It's because the packaging is smaller than before. But the increase is likely from 2021 or 2022 to 2024. So not spread over 8 years.

[@doleo_metal]

My experince has been different. But I shop at walmart and aldi. I've experienced at least 50% increase in grocery expenses since 2020.

[@risinj]

​@citizen320 RIGHT! 1 example: Pringles went from $1.25 to $2.25-$2.50 in the last 2 yrs. That way more than 23%.

[@boxjoint]

It was a year ago

[@cateatfood6634]

​@@doleo_metalSame. Walmart and smith's, 50% increase

[@meccanorama]

The increase in BELOW inflation. This proves that Costco is awesome and that it's actually cheaper to shop there now than it was 8 years ago.

[@JDG.RealEstate]

That’s right. It’s only an annual average of 2.61%

[@meccanorama]

​@@dmitrypodrezoff It's produce and it's not a processed food if that is what you mean. There is plenty of labor costs associated with farming, harvesting produce and transportation of fresh foods. We keep being told that the cost of food has skyrocketed and this price comparison is in direct contrast to that claim and the reason is...because it's produce? Sorry but I'm not buying it. People on here talking in this video's comments full of hyperbole talking about hyperflation, price gouging and massive unemployment based on what? Food price increases over the last 8 years that are actually less than the rate of inflation? Seems more like something someone is parroting what they were told on talk radio and who don't know much about basic math skills. The people who made this video are acting like you should be outraged and yeah, no, it shows the complete opposite of anything to be outraged about. I get it that if you are the working poor who doesn't even get a yearly cost of living increase, then buying food is tough but that's really nothing new unfortunately.

[@MeTreesndirt]

It is for huge fam.s who r materialistic as hell.

[@arturosann7016]

Well… proportionally, yes.

[@PunsandPixels]

@@MeTreesndirtCostco is for huge families who are materialistic? I’m sorry, is that really what you said?

[@Mary-Ann_B_Mabaet]

I'd LOVE to see a comparison of HOW MUCH this would ALL cost for the SAME AMOUNT of food if bought in OTHER STORES! Like Safeway or Whole Foods.

[@jmax8692]

Your ignorant use of caps makes you look stupid

[@christopherhall5361]

the fact that you can keep a receipt for 8 years makes you more qualified than anyone in office

[@slippinslidewayz]

That is impressive but most offices don't use paper anymore.

[@Titus-2-Mom]

It's all those mangoes he's eating

[@Vmaster005]

To bad there math is bad, 8 pay has increased 23% in that time frame. 😂

[@RKingis]

Especially since the receipt tape didn't even fade to invisible, or turn brown.

[@Katy809RD]

Word!

[@fab.prodesign8712]

Don't forget there's less food in the packages, quality is worse and cheaper ingredients are used...

[@unachica7162]

That's a whole other video.

[@deem3204]

I’ve noticed that. There’s a brand of crackers is like that have peanut butter in the middle and I’m sure the company reduced the size of the crackers. Not a whole lot, but I can definitely see the difference.

[@nicolette6327]

Exactly!! Shrinkflation is getting us too.

[@nunya8903]

Not so much at Costco.

[@andreamooney7985]

Great point ..definitely less food....

[@thefakebluejay5394]

i completely agree w everyone talking about the packages holding less food. Costco cookies used to be MASSIVE behemoths and no one can convince me otherwise

[@crissyhutto8409]

Shrinkflation it is real! They literally did this to everything from TP to Doritos.

[@That.Guy.]

Here in NJ the increase is more like 50-75%.

[@karenb4919]

Yes, per year the increase is under 3%. The better question is are the unit prices being compared the same. Does the package still have the same quantity?

[@That.Guy.]

@@karenb4919 lol where do you live where it’s only 3%?!? the price of literally everything I buy at the grocery store is up by a minimum of 50% in the last four years years

[@angelisoriginals6854]

​@@karenb4919 Some packages has shrank some not much but the items themselves are being made smaller. So you get a package with a very gap at top when you open it although it says on the package otherwise. Tooth pastes packaging too when you squeeze it initially it takes a bit before it shows up out of the tube.

[@rudyanntee]

Ontario, Canada is a guarantee 4x. I reordered my first purchase back in 2021 on my Walmart app and $100+ was almost $500 in 2024.

[@cadiman56]

Saw a video of a guy that bought 45 items from Walmart in 2022 at a cost of I believe $126. He pressed the reorder button and those same 45 items was now $414. Thats only 2 years later. While I agree the costco price increase sucks, to have it only be roughly $30 more than it was 8 years ago I think is really not that bad. Well done Costco!

[@tarafazio1268]

There is no way in this world that that man is telling the truth. Unless one or more of the items was being sold by a third party seller. Dude is lying through his teeth if all he bought was groceries

[@06Pine]

Yeah I just saw that guy's video a couple weeks ago. He was like flabbergasted on the price difference

[@cbar30]

That video was flagged for misinformation. I did the same thing and it was about a 13% increase from 2022.

[@tonyzuco6144]

*"to have it only be roughly $30 more than it was 8 years ago I think is really not that bad."* It's also really not that true...

[@nadanalia3000]

That’s what I thought! 23% is still a steal in this economy

[@nscales20]

its ridiculous. we never catch up in our pay with inflation.

[@aqidon]

In most countries people get a raise every year to match inflation and then some. This is just an inflation of 2,6% a year. If you don't get a raise to match that you really should move on.

[@swide2750]

debt is a magical number like the federal reserve

[@mathgasm8484]

employee loyalty is a sham, its better to job hop.

[@dprice6189]

My dad always said: “Don’t give a pay raise, just freeze everything” as the moment there is a pay raise EVERYTHING is more expensive. Keeping the poor and middle class poorer.

[@mathgasm8484]

my dividend checks jumped 15%.@@dprice6189

[@Logan882]

The worst part about all this is most of us work for companies that make BILLIONS of dollars in profit every year, yet they refuse to pay us more but want up to work harder and longer hours. Pisses me off to no end.

[@yakemon]

You don't have to work for them. Start your own business and be the change. Never happens for a reason.

[@SlimKeith11]

THey also pay FAR lower taxes than we as citizens do, thanks to Trump's HUGE tax cut. Corporation has had record profits since Covid while citizens suffer. Trump wants to add a 10% tariff onto ALL imported goods and a 75% tariff on all imported goods from China. The President can't decrease prices but he can't increase them with this tariff bullcrap.

[@cynsationalcontainergarden4911]

​@@yakemon BINGO ! I built my business while I was working. A lot of sacrifices were made. People don't understand what it takes to build a business but they think the owner should share the profit 😮

[@Willie-wf7vj]

If you complain about it some more, I'm sure they'll give you a nice hefty raise! 😅😅😅

[@Alonelyalchemist]

Buy the stock and become an owner, then you’ll realize who actually makes the profit.

[@flower-the-earth]

That actually surprises me because it seems like everything has gone up almost 50% from 2019 to 2023.

[@ericschneider8524]

Not everyone shops at Costco.

[@TempoMontages]

its cause he only bought fruit and vegatables no meat no drinks

[@pohanahawaii]

🍒🥗🍌No, it didn't as *ORGANIC* SWEET CH(?), MANGOES, ROMAINE, BANANAS, CELERY *accounted for the price increase in 2023 from 2015 non-organic* purchases so this test comparison is a *FALSE EQUIVALENCY* and, if anything, being able to afford organic food now means *dude is doing well* (though probably not his friend who did the False Equivalency math calculation.)

[@Priva_C]

We can thank Donald Trumps policies for that. Thankfully his policies expire in 2025

[@notroll1279]

If that's genuinely the same stuff you bought years ago, that would be a compounded inflation of 2.6% annually. Brilliant advertising for your local Costco!

[@jmrm01]

​@@brendajones7301 You are right. There were some prominent economists who did think the burst of inflation in 2022 would turn out to be temporary. There were really shortages and broken supply lines, and even problems with international shipping that caused prices to spike all around the world. So, some economists thought that prices would be like any other temporary shortages. But, lots of businesses that weren't experiencing shortages also used CoVid as an excuse to raise prices. Businesses had also fired all or most of their workers, and suddenly there was a great deal of competition to hire employees. Prices didn't come back down. The CoVid inflation spike acted like normal inflation. Prices go up, and never go back down.

[@notroll1279]

@@brendajones7301 That may well be - but the prices of the sample shown in the vid we are talking about have grown by 23 % over 7 years, which would amount to 2.6% p.a.. My guess is that the prices of this sample may have risen less than the average of Costco prices (hence "brilliant advertising") and than general inflation.

[@brendajones7301]

​@@notroll1279 ☝

[@twisterthemonk]

Yeaa, having prices lower than inflation yet these guys think it a problem. The reason they dont make more money is for this reason theybdont understand it 😂

[@tartfuel]

Yes, food costs more,, but if you loook at the two receipts, he didn't buy all the same foods,, AND bought three more items in 2023. I would rather he removed those three from their calculations and find out the actual increase in price.

[@vapeking466]

I dont know if anyone got a 23% raise in the last 8 years except for ceo's and real estate investors.

[@sergiosantos2498]

I just hit 8 years with the federal gov’t. My salary at the beginning was $66K. After a promotion but in the same position, it’s now $105K. Thats a 59% increase.

[@douglaszare1215]

You do realize you don't need a 23% increase each year, but a combined increase of 23%, right? A 23% increase in pay in 8 years is under 3% each year. If your job doesn't value you enough for you to get 3% per year, maybe change jobs, or increase your qualifications. I've had over a 150% increase in the past 8 years.

[@Colonel-Sigma]

23%? Man profits must be down. I can't imagine how often those poor rich folks have to dry their tears with $100 bills 😂

[@moe761]

I’ve changed jobs 3 times and tripled my salary since 2015. Company loyalty is often a top reason pay can be stagnant.

[@Colonel-Sigma]

@@moe761 You're spot on, poaching is pretty much the only reason a company will raise their wages. They say "At-Will Employment", I say Mercenary Economy. If I can't expect raises, looks like I'm working for the highest bidder.

[@kickfroggy]

I'm impressed you have a thermal receipt from 8 years ago that you can still see but thank you for doing this comparison

[@Marie-r4i2u]

I observed the same thing. That type of paper doesn't last a month without fading.

[@VashtiPersad-w1r]

He is using a bill from two weeks before .

[@Marie-r4i2u]

@@VashtiPersad-w1r The 1st one dated 8 yrs ago?

[@esunablizzard6482]

​@@VashtiPersad-w1r how is the first receipt with the mark and a date on it of June 2015 from 2 weeks ago? Or were you referring to the new current receipt that the above commenters weren't referring to?

[@VashtiPersad-w1r]

@esunablizzard6482 firstly,that receipt paper is carbonated the ink on it would not last 8 years ,Secondly the bill number is in sequence.

[@NorthernWisconsinandStuff]

He said that interest increase with absolute disgust. I feel you brother. I feel you.

[@Blenderswhirr]

In 2.5 years, I received a 3% total increase in pay. Rent, utilities, and food went up a lot more than that.

[@TheHbsteve]

Get a new job. Figure it out.

[@cheeto225]

@@TheHbsteve a new job pays less

[@itsascaryworld9788]

It’s tough out here but we gonna have to adjust. Vote red if you’re a true citizen.

[@JesusGarcia-hq8tq]

@@cheeto225 then you’re doing it wrong and should look to one that pays more.

[@AldousHuxley7]

Planned

[@user-zp5jf2wn4r]

A 30 dollar increase is not as terrible as I thought this was going to be. Mangos been the same price for a decade.

[@ripl0x]

To be fair, it's basically all fruits. I see no meats or dairy or anything else. It's purely fruit with the exception of a couple of items which are some leafy greens and celery. Not a good test IMO.

[@forthosewhoHUNGER]

@@ripl0xThat’s how my family eats!

[@ripl0x]

@@forthosewhoHUNGER So like...90% sugar bombs? Fruit is just a fleshy form of sugar with some extra vitamins. You gotta diversify!

[@forthosewhoHUNGER]

@@ripl0x OK. You sound like the “experts” telling us we need processed foods and adulterated junk. I’ll take whole, organic, fresh, living foods any day.

[@ripl0x]

@@forthosewhoHUNGER No. Not at all. Quite the opposite, but one shouldn't exist on like 90% fruit. Hopefully you get some decent protein (meat or otherwise) and have a source of calcium and other vitamins and minerals that fruits don't provide. Basically I'm just saying that your diet sounds unbalanced as heck if you just mostly eat fruit.

[@kristinpruett7733]

2 years ago the costco popcorn box was 9.99. It is now 14.99. That's a 50 percent increase in 2 years. And that's just the tip of the iceberg.

[@andreamooney7985]

Hey that seems low to me ..I know my food has went up about 50% . I putting out double every month then I used to n getting alot less..why don't people do sth about it..

[@kristinpruett7733]

@@andreamooney7985 I'm in Idaho. That's what it was

[@thechosenone82517]

A) dont buy IT for 14.99 B) make your own Popcorn C) BE stupid AS hell and get IT for 14.99 What will you do

[@kristinpruett7733]

@@thechosenone82517 lol. I made a post talking about how inflation took popcorn up 50% to prove a point. It's much more than the 15 they keep talking about.

[@REPENTINCHRIST]

This jump is definitely not accurate the typical Safeway's bill went from 100 to 300 Plus

[@albertakuamoah3227]

If you apply a 3% increase every year for 8 years on that amount, that's $ 177.04 which tracks.

[@ErickVonSchlanar]

The CEO's aren't calculating the increase of the cost for products on your pay increase. They are calculating the increase on their pay increase!

[@CameronLestagez]

you don’t think inflation has hit buisness, supply and demand keeps them in check, their gas, transportation , everything has gone up and that’s why prices have gone up

[@trevnti]

Costco doesn’t make hardly any money on food (it’s almost all on memberships) So that goes to show A) gold has prolly gone up more in most places even though the govt is saying it’s 8% B) we’re entering hyperinflation; wages may go up but goods will always outpace it because money is worth less now

[@ErickVonSchlanar]

@@CameronLestagez small businesses perhaps but larger businesses and corporations not at all especially when they are bringing in record profits for the shareholders. I’m still trying to figure out why the trump administration allowed the sale of the largest oil refinery in Texas to be sold to the Saudi’s… so Saudi can pretty much control the price of refined fuel in the USA now. And again they are having extremely high profits too. I previously worked for a large corporation that tried to buy one of the many competitors and the Clinton administration blocked it.

[@HaloDude557]

Keep blaming the CEOs so the real criminals manipulating macroeconomics will continue to devalue fiat currency. Good boy

[@Omego2K]

Only a 20% increase? I'm surprised. I did the same thing with my Amazon orders and I got an over 40% increase from 2015 to 2022. It was mostly non-food-related things though. Although things like electric heater, white noise machine, toilet paper, etc

[@maximilian9295]

The job I had in 2015 pays LESS now in 2023. ! Yet, the apartment I lived in in 2015 costs 600.00 more a month! Edit: I should specify, I left that company some time ago, but the job I had pays less now than when i had it in 2015. So I was curious to see how much my old apartment was, and it was 1300, I used to pay 700. So jobs pay the same, or even less, almost 10 years later, but rent almost doubled. Just one anecdotal case.

[@mp5249]

It's savage

[@mikegollach822]

Ur an idiot if u still have a job that hasn't given u raise in 8 years.

[@animejanai4657]

The poster of that video did not say he corrected for SHRINKFLATION as well as LOWERING QUALITY. Many food items changed their net weight, volume, or changed the ingredient list. Measuring inflation by only using the price is only 1/3 accurate. Inflation includes three major factors: price, quantity in the package, and quality of ingredients in the package. I've noticed the quality of some products changed to less expensive ingredients or added more water and filler because the protein amount decreased.

[@richardsmith3259]

Why would you continue at a job that is cutting your pay?

[@babette217]

My rent has increased 55% since 2016!

[@Tambo1112]

So basically around 32$ more for 23 items so basically a little of a 1.00 more per item??? That doesn’t seem like a significant amount to me for all the uproar that is made.

[@ralBurebsuos]

Costco is actually a great company that will give up profits to keep prices low. Wal-Marts prices have quadrupled.

[@kritsadventures]

I did this same experiment with a receipt from 2020 at Walmart and got a 31% increase. In four years.

[@matthewmcclinn7495]

Do Safeway

[@vapeking466]

​@@kritsadventuresWow that's crazy. Funfact Walmarts rarely have the same price at two locations because they compete only with stores within a certain mile radius. I often find lower prices at Walmart on one side of town vs the other fancy side of town.

[@kritsadventures]

@@vapeking466 I order my groceries on the website, from 3 different stores, and have never noticed a price difference.

[@loreleibrewer3803]

​@@matthewmcclinn7495 No Safeway on the East Coast.

[@darylhudson777]

Amazing that the receipt was still readable because a lot of the receipts fade out.

[@caleb7674]

They will stay forever if you keep them out of light and heat. It's exposure that causes the fading

[@darylhudson777]

@@caleb7674 not always as I have found reciepts in a dark drawer faded away

[@montiraruba2831]

If you keep all your receipts in a folder and away from heat and sunlight, they will last a long time. Keep them in a filing cabinet

[@darylhudson777]

@@montiraruba2831 like I said it don't work always it depends on who makes the receipt and what ink Etc and they do this on purpose so it will fade away

[@amyitis]

I have a Disneyland ticket from 1998, still legible and in good condition. $35 ticket

[@MontanaManAdventures]

The real issue is that companies have now utilized the excuse of inflation to justify higher prices, yet their costs have not increased as related to inflation rates…

[@johnsohc]

Wrong!!

[@Eagle-gl7bq]

No, the employee gets small increments, but the employees benefits are improved and those incurred cost, meanwhile all those products cost also went up. And more legal fees for new rules, new licenses to apply, new ISO, HACCP etc rules to comply, all these added up to cost. Your comment shows you’re still very young.

[@sbielec30]

Yea because the cost of fuel hasn’t gone up (wrong the truckers pay for gas, the cost is passed to the consumer).

[@vapeking466]

Yes a lot of the price increases are not just inflation but price gouging. Not everything but nothing should be price gouging. It's against the law I believe but rarely enforced. The government had to enforce rules when during c19 many were price gouging for masks and supplies even amazon was reprimanded. I mean why not increase your price a little extra If you can get away with it? Most corporations are very greedy.

[@kurtnewman7182]

You have no clue what you are talking about, net profits and profit margin are != , if they’re margins haven’t changed then it’s just inflation which is the case for all these stores

[@vernonkelly3379]

That's an average of 2.875% inflation per year, which is about right. He's correct that salaries are not keeping pace with inflation.

[@midwestlawyer]

You haven't got that in 44 years. Meanwhile CEO income has gone up 450%. Time for a workers revolution.

[@cjhoward409]

Be the CEO and make the changes

[@richardsqueeze]

​@@cjhoward409exactly

[@yakemon]

​@@cjhoward409he can't. That's why he's for the revolution 😂 like always

[@謬]

​Ron is making nearly 12mil this year. I wonder how much hus workers make..​@yakemon

[@kristawilson05]

I didn't even have to go back 8 years... I went and checked 2021 and 2023 receipts and my bill has doubled!

[@Divedown_25]

BS

[@cececox6399]

Yep. 👍 Thanks Cho mo Joe. ☠️🤡☠️🤦‍♀️🙅‍♀️🤷‍♀️

[@Somebodysomewheresometime]

I just did 10/23 to today 8/6/24 - it was 152 now 367😮

[@musicjunkie2k]

Get a life!​@@Somebodysomewheresometime

[@michaelhogan9053]

Check the companies profits. Real inflation happens when all prices go up, not profits.

[@travissteadman5435]

This comes to 2.57% per year, which I think is right about what target inflation is. As others have stated, if you're not getting annual raises at your job of around 3% you're not getting any raise. You need to pursue something better. This video is far more comforting when you actually analyze the data than the creators think it is.

[@fleatactical7390]

Bullshlt. It's significantly worse. Just because the items THEY bought only went up that percentage, doesn't mean other items haven't gone up significantly more. How's that for actually analyzing the data, Mr. Liberal Apologist?

[@balajay8921]

@@fleatactical7390 well, by that same argument, the actual rise in prices could also be lower...

[@DanAdams-jf9ol]

@@fleatactical7390I'm assuming you're an economics major.

[@TheDbear42]

@@fleatactical7390 he’s specifically responding to the video because they’re complaining about inflation on those specific items. now pull yourself up by your bootstraps and get a better job buddy

[@Sejdr]

I was thinking the same thing....I have gotten that in pay raise over 8 years.

[@pinkbunny1958]

Starting 12 years ago, my husband and I were renting a large 2 bed, 2 full bath duplex with lania and private backyard in Naples Florida. We started out paying $875.00; rent was increased in increments of $50 to $100 annually. Then the house was bought by a Hispanic couple right before CoVid hit. Even when my husband was laid off without pay, we NEVER missed a rent payment. So what do they do...they raised our rent $200, and then wanted another $400 increase the last 6 months since they weren't resigning the lease because they were moving their son into our side. We are now in a 1 bedroom apartment, paying $2200.00. Sucks big time, but we are in a very nice place.

[@barbjohnson778]

That puts things in perspective. No pay increase. Nailed it, bro. 😂

[@mariegarside8830]

The annual increase is reasonable

[@suzannebenz8928]

Blame the gouging on the DUMB DEMocrats

[@gustavobarbosa518]

If he had no pay increase, he needs to reevaluate his career choices or he is a shitty worker. My pay has doubled 🤔

[@itsi26]

@@gustavobarbosa518 oh

[@atatterson6992]

you got no pay increase over 8 years? dude, you must really suck

[@peteblaise4832]

Corporations are making record profits

[@theurbanthirdhomestead]

Corporation. No 'S.' There's only one group doing this to us. They own everything. Shareholders. B l @ c k r 0 c k.

[@tWafflesS]

Yup.

[@chatsagain]

AND corporations are making record profits, CEOs are getting pay increases, and these greedy corporations are paying less in taxes than school teachers. Inflation is global and not just in the USA

[@DorotheaTaylor-p7t]

Not just inflation, but corporate greed.

[@user-jr5hs2cx3d]

Inflation is very much a mishandling and weakening of the dollar created by our governments decisions.

[@AskForWisdom]

Inflation reached a 40-year high in the United States in 2022. To quote Obama, "Elections have consequences." It's not all corporate greed no matter how much the parroting media says it. Oil production affects EVERYTHING. That INCLUDES transporting food and all other goods! The Biden-Harris administration DID THIS under the guise of "green." How is is "green" to import it from other countries and transport it to the United States?! Is it okay in these "not in my backyard" policies to drill somewhere else?! Does being out of your eyesight magically make it NOT polluting?! Doesn't it make MORE the farther it goes?! How is it right to fund BOTH sides of a war, while giving money to Ukraine, yet buying oil from Russia?! And, don't say, "it's minimal," -- it matters!

[@Mgrzely]

You dummy, the problem is the federal government and how much they are degrading the value of the dollar. The more money they print the less value our US dollar becomes. Stop being a left wing hack.

[@BigReggie]

Corporate greed was there during the Trump years but food prices weren't out of control. Gee I wonder why that was.

[@KathytheMama777]

Thank you for bringing this to everyone’s attention. Groceries are so expensive now.

[@carolharris2357]

Whoever hasn't noticed is not too sharp.

[@ColdFuse96]

I remember when spending more than $100 on a cart of groceries was outrageous, and now look where we are 😂😂😂💀💀💀

[@Kyle-nm1kh]

EBT food assistance stays the same amount (except during covid but it went back down)

[@islandiron]

@@Kyle-nm1kh Unless you’re not from here.

[@lablaine1981]

Turn my head away,borderline scary,and I'm 80 yrs old 💰💰

[@macrostiffproductions2978]

I can carry 100$ out in 1 grocery bag now a days

[@DennisTheMenace5150]

I remember when 120 dollars worth of food with my mom and all of us kids was two shopping carts heaping full of food heaping full

[@VegasGirl777]

His answer about the non-existent pay raise ATE!

[@debraferrara7682]

Right on! The needs go up but wages don't go up the same amount!

[@SanchoDomingo_]

Then when it increased another 23%, they fail to mention how it really compounds close to 46% increase.

[@roospike]

I asked many businesses why prices are going up like they are, strangely I get responses of "wages going up" but I'm not sure whose wages are going up I never hear any of those reports. 🤷‍♂️ Must be like corporate and CEO wages I guess.

[@tjewett1967]

IDK My employer adjusted the wages of people in my job and we got a $15 /hr raise.

[@Barnabydoopidee]

That is the corporate gas light! It is the working persons fault that the government cannot manage the monies they take from us. 😮

[@jeremyusry6705]

They're not going up. Corporate profits have gone up, Their taxes have gone down and their prices continue to go up. All corporate greed. All deregulation issues. Btw, you should be voting for people who want your pay to go up and want to raise minimum wage. Also, you need to demand raises. Also don't vote for people that take the side of corporations to fk us over. Businesses are gonna tell you it's cuz wages are going up but it's a lie. Business profit reports say the opposite. Even companies who are now forced to pay reasonable wages to people are making record profits in California where I live. Even paying $20/hour instead of 10... Their profits are up.

[@RobertSaget-iv4wv]

Bingo, Walmart just gave all of their managers a pay increase to 200k a year and staff only got a couple bucks. That's 200k plus bonuses.

[@bane3991]

That could be 1 of the reasons since min wage is increasing which increases the other wages. But it's mainly due to the government expanding the money supply. They pumped trillions into the economy. This causes extra demand which equals higher prices. Supply and demand.

[@RJKYEG]

Adjusted for inflation, $139.76 from 2015 is 179.67 in 2023 money - and inflation rate of 28.6%. So comparatively, that cart full of food is $8.41 cheaper in 2023 than it was in 2015.

[@TruckingCarsL48]

? 28.6 inflation rate are you stupid?

[@stephenmontague6930]

Not sure, but since this video directly measured inflation for specific products with all other factors being equal (we assume) other than the date, we don't need to further adjust dollars for inflation to see if these products are more expensive, as adjusting dollars for inflation is not a more accurate measure - it's just a general estimate of change for all products in a society, whereas this man compared two specific sets of products to a single standard, so... Adjusting the dollar for inflation does not make these groceries cheaper, but it does show that while groceries did become more expensive, other products became even more expensive. I imagine telling people their groceries are cheaper when they're clearly not seems like gaslighting and may not be taken well.

[@Robert-fp8re]

Amazing how you could keep a receipt so pristine for 8yrs on thermal paper considering it fades after 1 year and almost unrecognizable in 2 years

[@dreamscape405]

Another commenter said you can order old receipts through the Costco app. That's why it looks so new...because it is!😊

[@dynamicdingus]

I did the math and the buying power of the $171.26 in the year 2024, would be $117.13 in 2008. 2008 being 7 years before 2015 which was the first receipt. That's a 19% increase from 2008 to 2015. And if this guy is right about the 23% increase, that would mean that the inflation rate has increased by 18% since 2015

[@gregk8246]

That's about 2.6% annual inflation. Actually not too bad at all

[@mariegarside8830]

That annual increase is reasonable

[@Elizabeth-xo9sn]

But it’s much more.

[@Run4Ever77]

Yes, I was surprised it was only that much. Some items are increasing the 23% in a single year.

[@Sewcrates]

Compared to that dude who did the same at Walmart, this is great! His was mostly junk food and ot was up 300% over 4 years, I think

[@cheeto225]

@@Run4Ever77 now do 2015-2020 and see just how much it's gone up since 2021

[@johncrichton7137]

Costco is one of the few major grocery stores that haven't price gouged.

[@campampates]

this is not true at all for the Costcos in NV.

[@ofsoundmind143]

Not true for me. The Folgers coffee used to be $7.99 and sometimes on sale for $6.99. Today, same coffee is $14.99. Plus, this year they are raising their membership cost AGAIN.

[@chrisrodriguez6691]

@@ofsoundmind143gouging and raising prices based on increased cost of goods is different. Gouging is when corporations raise prices well about cost to receive raise profit margins to levels that are not necessary to run businesses. Costco profit margins on products are the lowest in the industry some things they sell they break even on. Costco makes its money from its memberships. They haven’t increased their memberships price and seven years. They’re taking it up five dollars not that big of a deal.

[@sunso1991]

My pay acutally went Down by 15%. Company have cut hours and gave us additional days off instead of raises.

[@memz1989]

I would leave quick

[@JessG_20]

​@memorodz7923 find out more about this individual's situation before making statements about what you would do or how you would handle it. I'm in a similar boat - I am now earning less yet having to work a little bit more than I used to. The catch is, I'm still doing better than I would be in almost any other job I'm qualified for. If I were to leave and go search for another position with a different company, it would be worse or just as bad. There isn't always a better option, sometimes people are stuck between a rock & hard place.

[@memz1989]

@@JessG_20I understand what your saying but if your not happy in a job not paying well why not look for better job or position? I just left my old job for same reason tired of not getting paid well and out grew my position now I got my cdl making over double of what I was making.

[@tylerhenry5761]

If you pause the video he went to two different Costcos and bought 5 more items on the most recent Costco run. Food prices have increased but this video is misleading.

[@BigInTheBurgh1]

About three percent increase per year.

[@Youremenow]

Nope, it’s about 2.5% CAGR

[@johnsichler6112]

% how much a year Then when do when Biden took office How much % after each year till now That’s the problem

[@tjewett1967]

Exactly! And anyone with a brain knows COLA is 4-5% annually.

[@johnw3952]

This is insane because most of us are paying 50 to 60& more. Not sure how they did it but what most of us are living is a MUCH MUCH HIGHER increase than 23%

[@ovidius2000]

InRomaniaFoodPricesExactlyDoubled.

[@AnitaSouthall]

That has a lot to do with your standard basket of groceries for your food choices. Plus input costs to grow fresh food.

[@Adolfgreenberg]

Because he just bought a bunch of oranges and mangoes and stuff. No eggs, no meat no fish.

[@adairhenman2771]

That cart is mostly produce it looks like. The increase on eggs, dairy, and meat is much higher

[@charlescorbin8493]

Based on a 3% increase year over year (average increase for a salary raise) if you start a 139.76, 182.36 would be your new total. So if you only paid 171.26, that is FANTASTIC! Please check your math. $139.76 3% $4.19 $143.95 2015 $143.95 3% $4.32 $148.27 2016 $148.27 3% $4.45 $152.72 2017 $152.72 3% $4.58 $157.30 2018 $157.30 3% $4.72 $162.02 2019 $162.02 3% $4.86 $166.88 2020 $166.88 3% $5.01 $171.89 2021 $171.89 3% $5.16 $177.04 2022 $177.04 3% $5.31 $182.36 2023

[@snippids]

Yes, interestingly costco has raised prices below the rate of inflation. Although I do think their sizes have gotten smaller so there is shrinkflation issues.

[@GoofysHatBand]

That's about 2.875% increase per year over 8 years. That is below the CPI for those years. Way to go Costco at keeping inflation down.

[@dc-13258]

I knew there was a reason why I kept all my old Costco receipts. It’s to prove this inflation thing exists and my pay isn’t scaling with it lol.

[@davewojtowicz2246]

@@dc-13258 you really should look at why your pay can't keep up with a 3% increase annually. Look at adding a skill, or finding ways to be more productive. Or... Just do the same mediocre job and complain the handouts aren't enough.

[@DeenanTheKemon1]

Meanwhile 1% members went 📈 📈 📈 📈

[@ODSTGeneralYT]

A couple of issues. As someone else pointed out the addresses are different locations. A quick google search doesn't show a costco at the old receipts address. It looks like they closed the old location and moved it across the other side of the local airport. Not a huge deal but as a former retail worker, I can say prices can vary from store to store in the same town. On top of that several of the items you bought were different based on both the names and produce codes. It seems like you bought more organic products that the original trip. Not major stuff, but they are going to factor into the price difference.

[@phylliscooley9528]

This is the only Costco in the region. The prices would not change due to the change in scenery. It’s true that it moved from one location to another due to growing in size to meet the needs of the greater population.

[@barryb.benson7122]

That's actually not too bad. Now compare Walmart's receipt from 8 years ago to today. Now THAT will be like an 80% increase.

[@qingwestgate]

amazing the receipt print from 2015 has not faded away...

[@HOMeSKILiT24]

costco can reprint receipts, everything you buy is attached to the membership card.

[@scottlemiere2024]

Also amazing that the city of Medford migrated 30 miles north and changed it'sname.

[@-desertpackrat]

You can keep receipts from fading.. whether it's reprinted or not, it's a real record of a purchase in 2015, it literally says the date right there on the receipt, buddy, pause and read it smart ass. Sorry that blows your tiny mind 😂 I have receipts from 20 years ago when I was a teenager, that aren't faded because I kept it sealed and didn't let it rub against things. It's almost like there are methods for preserving items when you actually want to keep them. Don't compare people who meticulously save records, with your lazy ass stuffing receipts in your pocket or cramming them all into a box.

[@ancientwisdom108]

If filed properly, they last.

[@GingerThereforeNoSoul]

That part, I said it clearly says two different locations

[@michellea1442]

The only item on the receipt with the weight listed was "organic carrots". 8 years ago the 10 pound bag was $5.79. The current receipt shows is now a 6 pound bag for $5.59. So 8 years ago the carrots were $0.59 / pound and now they are $1.07 / pound. I'm willing to bet that almost everything is a lesser weight/smaller size than it was 8 years ago.

[@victortesla4198]

yer math is wrong but your reasoning is correct. It adds around 4 bucks to the total bill if he were to buy 10 pounds of carrots like he did in 2015

[@Arthursaintarthur]

That actually really good. Inflation should be around 3% a year and after 8 years it would be at 24% so the fact that it was only 23% super good!

[@Avunakat]

Actually, 3% inflation over 8 years is a 26.67% increase. The interest compounds as well. But it makes this video even more impactful.

[@davep8221]

@@Avunakat Yeah, but math.

[@ulrichkalber9039]

23% in 8 years is 2.6% per year

[@Izzy-ub9sb]

I have receipts from eight years ago and was paying HALF or LESS for the same items I buy today. It is way more than 23%. I don't understand that receipt. Doesn't anyone remember that eight years ago hamburger could be purchased for 1.50 to 2.00/lb; bacon 99cents, fruit wasn't nearly fifty cents to a dollar apiece like it is now. Potatoes were .89 a bag. Maybe it is the very items he bought then, but like I said, my receipts show a different story.

[@Popperdrop]

But when EVERYTHING goes up a few cents or dollars it adds up. That increase of 3% inflation drives so many things up in price, less in packages and this has heavily overwhelmed ANY increase in salary. Even if I were lucky enough to have a 3% salary increase year after year, which I'm not, inflation is crushing and corporation will be crushed along with us whether they like it or not. You become poorer, sure I have a bit more money from a rare salary increase, but this tricks many into thinking you got more spending power. Observing people and myself, I get more money every 2 year but afford less and less, especially the last 3 years.

[@christinebrown7545]

How did your receipt not fade those receipts are meant to fade?

[@zhaneranger]

“I didn’t get a 23% increase in pay” don’t tax the working class, tax the 1%.

[@mathgasm8484]

Everyone pays their fair share including the peasants.

[@Thrashpuppy]

@@mathgasm8484that’s not true. Nothing about taxes is fair. Big business such as Amazon are notorious for finding loop holes to completely evade paying taxes.

[@Darkstormsun9865]

They do tax 1% its just they let them get around it enough to pay as little as working class.

[@Aro9313]

The 1% pay more in one year than most of us will in our entire lifetimes, and even if you stole 100% of their money, you would barely make a sent in our budget. The 1% aren't the reason the economy is doomed; the government is, with its reckless, out of control, unsustainable spending.

[@Sewcrates]

The 1% are the reason the rest of us have jobs, hence the reason they get tax breaks

[@Tonimaroni2BeKindToAnimals]

This is WORLD WIDE. Now show us who is profiting from these mark ups. It’s the companies who Costco is buying from that are gouging us! Maybe we should boycott eating, to teach them a lesson!

[@toritori5835]

It’s also Costco.

[@Tonimaroni2BeKindToAnimals]

@@toritori5835 It is. What people don’t get is during Covid so much was sitting on tankers not being allowed to come to port. Companies lost money. So they started gouging us to make up for lost income. Instead of lowering food prices after it stabilized they are still gouging us. Biden pleaded with them to lower their prices but corporate greed prevailed. There is absolutely nothing Biden can do!

[@Run4Ever77]

No. It is the Federal Reserve and other Central banks and those closest to them that are actually profiting (and causing it). They are creating money out of thin air, which is what is causing the price increases. The companies Costco is buying from are not gouging them. They are just keeping up with inflation themselves and raising prices accordingly. Study the Federal Reserve ("The Creature from Jekyll Island" is a good start) and you will discover why they do it this way - because most people can't figure it out and blame the wrong people (like you just did). All the best to you navigating these times!

[@Tonimaroni2BeKindToAnimals]

@@Run4Ever77 I have family members that live in Europe, Italy and Canada they are all going through it too! This is WORLD WIDE.

[@Run4Ever77]

@@Tonimaroni2BeKindToAnimals Yep. Because of the Federal Reserve and other Central Banks doing the same thing. Interesting to consider as of 2018: The 6 remaining countries without banks owned by the Rothschild family: Abkhazia, Cuba, Iran, North Korea, Russia, Bolivia and Syria. World wide indeed. I wonder if it's just a coincidence that many of those countries are labeled "bad guys"...

[@kevinr8660]

I have never seen a thermal paper receipt last more than a few years. By 8 years it would have faded too much to even read

[@karenfisher4170]

I have found them in my old purses and in my glove box.

[@hansachter5657]

​@@karenfisher4170 exactly, it's exposure to light that makes them fade, keep them in a box and they are fine

[@ShaneDrury-ix7ix]

Y that receipt look like it was printed yesterday?

[@Cake...]

23% in 8 years translates to 3% yearly. Just on the rate of inflation.

[@perlaberlanga1745]

Famous quote of century: “ I didn’t get a 23% increase in pay” .. yup

[@Somesomeso]

My family used to full two carts at walmart in 2005 for around 150 - 200 dollars. Crazy to see a not even full cart cost around the same in this day and age.

[@tjewett1967]

Bullshit. What did you fill them with, pillows? Sooooo full of shit.

[@hansachter5657]

Go back another 20 years and you could fill four carts for the same price

[@Mypplz]

Most of those groceries in the cart are fruits and veggies

[@bland9876]

The fact that you were able to find every single item that's on that shopping list is very lucky. There are foods that I loved so much that if they were still being sold today I would totally buy them maybe not every time I went to the store but at least every other time to every three times minimum.

[@rosemarietolentino3218]

I am convinced Americans don’t understand what inflation is.

[@xChimkin]

by calling it inflation you are defending greed

[@TheVeteranDavid]

Divide the 23% by 8 because the increase was over that time period 2.9% per year which is in line with typical cost of living (raises) increases

[@tjewett1967]

​@_sludgefactory And you don't understand REALITY

[@bonnieupton4114]

I would like to see 2020 till July 2024

[@coolgaga77]

​@@bonnieupton4114why don't you want to see 2016-2019?

[@petebarrow274]

Yearly rate is less than that, you are not accounting for compounding.

[@brockmacd]

inflation is 2-3% a year right, so in 8 years that tracks.

[@tawjeparker7203]

fuel costs went up, insurance went up, etc. everything has gone up. grow your own food, support local farmers, capitalism.😊

[@dorothymlinar4192]

The government doesn't regulate the food industry. It's corporate greed that's driving the prices up.

[@doughaven-rf8id]

It requires a lot of energy to grow food and the present administration's policy on domestic oil has driven energy prices up. Retail prices are directly affected. That's a fact.

[@scottlemiere2024]

@@doughaven-rf8id except that it has only driven about 3% of all the inflation while corporate profit mongering has been responsible for over 55%. THAT is a fact.

[@stinky60096]

The government is responsible for all of this with their outrageous spending. Food, housing, and healthcare for illegals. Shutting down the oil industry leases in America and that brought up gas prices tremendously. Everything in America is linked to gas prices. Farmers pay more for diesel to run the farming equipment and to bring their product to market. The market pays more money for product and pays more fuel costs to move the product to the grocery stores, etc, etc, etc... Electricity prices doubled (grocery stores have freezers and refrigerators to run 24/7).

[@CharlesBAJD]

@@stinky60096 Where is the oil industry shut down?

[@stinky60096]

@@CharlesBAJD Read it again. I said the oil leases are shut down. On government land. By Biden.

[@RoseKBRobinson]

Held on to a receipt for eight years . Keepin the ol cpa happy.

[@Walrus101]

I don't know, this video is more convincing me that things haven't changed as much as I thought 😅This time, the celery, carrots, and romaine are organic when that wasn't indicated on the previous one. And I am not even sure what power greens is compared to the last receipt; looks like a new addition, but certainly I may be wrong. Edit: I didn't even consider inflation, so that also factors in. I don't shop at Costco, but it sure seems they aren't crazy with price increases. Elsewhere, they seem more jacked up

[@EndoftheBlock7224]

The other thing is to pay attention to the quantities and quality of the products from then and now and what you'll see us cost cutting like amount, weight and quality to the percentage will most likely be a few percent higher

[@Tolifethanyousee]

Minimum wage in Pennsylvania has increased by $1.00 an hour in 24 years!

[@NoNameNoFace-rr7li]

no one works for minimum wage..its just the minimum you can legally pay

[@Tolifethanyousee]

@@NoNameNoFace-rr7li of course people work for minimum wage. I don’t, but a lot of people do. And that wage sets the scale for other job rates.

[@NoNameNoFace-rr7li]

@@Tolifethanyousee i hire 85 people and i cant hire anyone under 15 in a very rural community.. even McDonalds in Fairview Tn is starting people at 20...i dont think you can hire anyone for 7.25 an hour...i dont believe it at all . Id say 10 dollars an hour is the floor IF you pay under the table.

[@voiceofraisin241]

Our Costco in San Diego the prices have increased by 50% overall in the past few years. Some more, some less but the average.

[@DailyMeditation365]

If in 8 years you couldn't increase your pay by 23% then something is wrong with you. That's not even 3% annually

[@malina1239]

The prices here has risen 150% in the last 3 years!! You’re doing great!!

[@BassRck50-xv8iz]

Not in PA.

[@richarda3140]

Seriously 23% after some if the worst inflation in world history is amazing.

[@angelacahill9460]

That's actually a lot better than MY experience. 50-100% increase in just 2-4 years.

[@chewiebacka4377]

So 3% a year. Reasonable for a good economy. The crime is that wages haven't gone up for the average guy. (Which I know also fuels inflation, but...)

[@tguf456]

Wage for the average person does not create inflation. Companies do. They set prices. And they increase their own paychecks and that of shareholders insanely. Company heads are making more money then ever (record profits every year) while an increasing amount of us are either making increasingly tough decisions on basic necessities or are going homeless.

[@TheGuyJack1]

If you actually read each list he did not get the same stuff.

[@BlahblahblahblahblahblahblahFU]

It’s not inflation when corporations make 115% profits from previous years!

[@higherrealms5309]

I live in Chicago and would’ve loved to have done a comparison! A single box of cereal is $9.99 and it’s almost half as small as a box would’ve been in 2015!!

[@Zach-sg5uu]

A single box of cereal is $4.99 and usually a little less here in Georgia.

[@peacefreedom4930]

What?

[@mobrocket]

Half??? That doesn't sound accurate at all What was the brand, and package sizes

[@sassynadorable]

Family size cereal where I live is 4.99. I remember two years ago the 60 pack of eggs was 20.99. Now they are 7.72. Just bought a box of eggs last week and I said something to my bf about how much the price was gone down from two years ago.

[@cindy7733]

I'm so sick of corporate greed! why is the cost of EVERYTHING allowed to go up and our wages stay stagnant????

[@hopefletcher7420]

Short answer? The GOP and their mistaken belief in the trickle down theory of economics (i.e. give money to the rich and they will spend it on creating goods and well paying jobs. They don't). The Democrats believe in the bubble up theory (higher wages and lower taxes for the lower and middle income people; they will spend it on goods and services thus creating a healthy economy. Vote Blue.

[@MeTreesndirt]

Fast food is paying much better.

[@KennethStrikes]

Stop complaining and get a better job?

[@cindy7733]

@@KennethStrikes that's the plan, my dear. trying every day.

[@scottlemiere2024]

@@MeTreesndirt experienced Costco workers make $80k a year, you're crying about the one grocery chain that pays well.

[@puffball4484]

The problem is not that the prices went up its that WAGES DIDN'T. The guys answer is spot on!!!

[@Yeeha494]

The real scam is rent, insurance, and cost of medicine. People can weather groceries cause there are cheaper routes but the big bills not so much.

[@TheCornucopiaProject-bd5jk]

His final answer is not related to the question. A 23% increase in food cost in 9 years is not a lot. And if he didn’t get a 23% increase in pay, aka inflation adjustment, then he should quit his job and find someone who pays better.

[@InterestedTuber]

It's 8 years and the quantities have shrunk. Let's do a per ounce and per pound comparison along with the increase in price, and then we can talk.

[@TheCornucopiaProject-bd5jk]

@@InterestedTuber that’s an assumption. The author did not say packaging held smaller quantities.

[@InterestedTuber]

@@TheCornucopiaProject-bd5jk It doesn't matter what the author said, facts are facts. Shrinkflation and big price increases. It's real. You would have to be an idiot not to see it.

[@davidsmarrt4049]

You should come do that in Canada it’s insane here.

[@finneganpupsavedbythebell]

For sure that cart would be 250.00!

[@undercoverreseller205]

It was, you need to account for currency exchange

[@dianawatton7570]

Thank you sir for your honesty and Showing this to us.