Rising Costs Ten Dollar Tube Toothpaste

www.yahoo.com...

$10 toothpaste? U.S. household goods makers face blowback on price hikes

Now for your daily dose of how they continue to screw us over…

We’ve talked a lot about rising prices. What we’re paying, how much it’s gone up, where there are shortage.
I think something that is overlooked is the pure GREED of the situation! This article hits spot on!

Many companies are taking advantage of high consumer demand to continue to raise prices when they don’t need to," said Jack Gillis, executive director of the Consumer Federation of America, a non-profit consumer interest group. "As long as consumers are willing to pay those prices, there’s no incentive to lower them."

Yes there are worker shortages and some supply chain/delivery problems, but do they justify these prices? HECK NO! I think we can all answer that with a resounding NO. So what’s the options? Toothpaste is not necessary. I said it. You can have dental health without toothpaste. You can also make your own that is probably 100000X more healthy! Baking soda, coconut oil, peppermint oil, etc. Lots and lots of recipes out there.

I think we need to stick it to some of these places that are taking advantage of the situation. Record profits!
I am a very fortunate that a 10 tube or a 1 tube does not make a difference in my life. There are so many people where this might be the difference between medicine, or a couple of bagged lunches for work. In reality it is the poor and the lower middle class that is getting stung by all these costs.

Think about this for a moment, should a tube of toothpaste cost an HOUR of work for a lot people?

Lets be honest with ourselves, some people will buy $10 toothpaste.

I just picked up some For $5, some of the more name brands like Rembrant can go for a pretty penny and that's before inflation...

a reply to: JAGStorm

The back teeth don't need any toothpaste. You just need to use only a very small amount on the few teeth in front that can be seen. Lasts much longer that way.

a reply to: BrokenCircles

Some just use baking soda.

a reply to: JAGStorm

From the same article….

“ His remarks come when many consumer products companies are hiking prices as much as they can to offset their own rising costs, a trend that could continue due to the conflict between Russia and Ukraine, whose economic risks include driving up gasoline prices.”

How much of the price increases are due to costs of logistics and how much is greed? No information on the article for me to form an opinion. I also have no idea if the Consumer Federation’s opinion is based on anything either.

The only thing I am certain of is that things started going off the rails when the pipeline was killed (and subsequent leases were suspended or delayed or cancelled).

It’s possible greed is the major factor but I would need someone to show me that is the case.

Ill be brushing with water

a reply to: Arnie123

Since I moved and have the room I buy bulk. I have enough toothpaste for the next few years. Of course some of these Liberal Socialists will accuse me of hoarding.

Don't like $10 toothpaste, don't buy $10 toothpaste. Enough people do it and the price will come down. It isn't the fault of the manufacturer or the seller. If someone offered you $10 more per hour for the same exact job that you are doing now, wouldn't you take it?

Notice that Target just raised the wage for some of it's employees to $24 an hour. What does that do to the cost of toothpaste and everything else that Target sells?

a reply to: JAGStorm

Well welcome to Joe Biden's America where we are worried if we are going to be able to afford to brush our teeth FFS!

a reply to: eluryh22

It’s possible greed is the major factor but I would need someone to show me that is the case.

fortune.com...#:~:text=Procter%20%26%20Gamble%20experienced%20a%20substantial,%2C%20through%20May%2024%2C%2020 21.

Procter & Gamble experienced a substantial leap in revenue almost across the board, including net sales of $19.7 billion in the second quarter of fiscal year 2021, up 8% from the year before. P&G's share price has weathered market volatility, rising 15.4% from March 2, 2020, through May 24, 2021.

I want to say I understand that businesses are in the business of making money. I just want to say two can play that game!

Make as much product as you can for yourself. Most likely cheaper & healthier

originally posted by: JIMC5499
a reply to: Arnie123

Since I moved and have the room I buy bulk. I have enough toothpaste for the next few years. Of course some of these Liberal Socialists will accuse me of hoarding.

Don't like $10 toothpaste, don't buy $10 toothpaste. Enough people do it and the price will come down. It isn't the fault of the manufacturer or the seller. If someone offered you $10 more per hour for the same exact job that you are doing now, wouldn't you take it?

Notice that Target just raised the wage for some of it's employees to $24 an hour. What does that do to the cost of toothpaste and everything else that Target sells?

www.audacy.com...

Data shows that the recent spike in inflation is mostly due to price increases for the goods portion of CPI rather than services.

“Goods prices are the main driver of inflation,” Julia Pollak, labor economist at ZipRecruiter, told CBS MoneyWatch. “Wages so far have not been the main driver of inflation at all. Inflation was higher at first in less labor-intensive industries.”

a reply to: JAGStorm

Ask yourself "What does P&G make?" Look at the situation going back to 2020. With all of the disinfecting of schools, homes and businesses. With some people washing their hands 20 times a day, I'd be surprised if P&G didn't have an excellent profit.

Of course there's the "profit bad" group.

originally posted by: JIMC5499
a reply to: JAGStorm

Ask yourself "What does P&G make?" Look at the situation going back to 2020. With all of the disinfecting of schools, homes and businesses. With some people washing their hands 20 times a day, I'd be surprised if P&G didn't have an excellent profit.

Of course there's the "profit bad" group.

Exactly, so at what point is it profit, and what point is it greed?

a reply to: JAGStorm

Dunno Jag. But Target is now paying up to $24 per hr....so...with!!!!!???😳

Oh...and $Dollar-ish type stores are everywhere

a reply to: JAGStorm

Maybe I’m nitpicking or playing devil’s advocate…. But the summary you posted said there was a higher demand for the product… not that they jacked up prices above and beyond normal (taking into account fuel costs).

Regarding making things ourselves. Basically, I couldn’t agree with you more (in general). While we don’t make our own toothpaste we do make our own meals pretty much exclusively. The primary reason we started (pre-Covid) was that we found that no matter where we went, the food was not as good as we would make, the service would be hit or miss and quite frankly, being at home we can drink to our hearts’ content. It was only in retrospect that we realized how much money we were essentially wasting going out. We have two kids so even a trip to a fast food joint would be well over $30 and for what? A stomachs ache after?

Because we gave ourselves a course correction a few years back I have no problem saying that we used to waste so much money the way I see others do now.

Now, I’m not making excuses for the inflation being caused by the current administration… but that’s another story altogether but I will say it is causing some stress at the pump, at the home and at the supermarket. Again, for another thread.

a reply to: mysterioustranger

Dunno Jag. But Target is now paying up to $24 per hr....so...with!!!!!???😳

I read that article and I think it is misleading, it said it would pay "some" jobs that amount.
I also know people that worked at Target and almost nobody got full time hours except during the holidays.

Now, if things have changed and they do pay the majority of people that and give full time, I say, that's a good thing.
There might be a lot of people quitting their jobs to work at Target. Those jobs will then need to pay more. It's an endless vicious cycle that hasn't caught up since the 1950's.

a reply to: JAGStorm

Wait a darn minute!

The rising costs are due to greed?

I thought the rising costs were due to Covid.

Then they said the rising costs are due to Ukraine.

How about this. . . .

The rising costs are due to the Biden administration that wants to hurt poor people.

a reply to: JAGStorm

Only sheeple use toothpaste. I brush my teeth by eating hay, like god intended.

As a contol, I'm here at my local HEB.

Prices on average for Colgate $3.62, $4.96, $6.43 and their upper tiers at $9.99 for 3oz "Pro Series".

HEB does have local brands, HEB brands retail $2.89, $3.47, $5.47(2pk).

Crest is incredibly cheap at $3.97 to $6.97 firm.

So, there you go.

Salt make a great toothpaste, Wet your tooth brush, dump some salt in your palm, dip your brush in the salt. Cleans well, and tastes fairly good also. Learned this when I was hiking the Red River Gorge. I was always looking for light weight alternatives. If you take care of the ounces, the pounds will take care of themselves.

originally posted by: JAGStorm
Exactly, so at what point is it profit, and what point is it greed?

It's always "greed" to some. Something's value is only what someone is willing to pay for it. I'm all in favor of getting the maximum that the market will bear. If somebody's stupid enough to pay for it, I'm taking their money. I'm not forcing anybody to buy. If I'm too expensive, no one will buy and if I want to sell I'll have to lower my price. If there's enough demand, someone else will start producing and undercut my price. That's how it's supposed to work.