BY STEVEN KASZAB
Prices for essential items and services will never again drop to pre COVID-19 levels. Industry and those corporations that rule our marketplace along with the government will not allow it too. Why?
Let us call it profiteering on both governmental and corporate levels. Corporations have made excessively large profits these past few years, using COVID-19 as the excuse to continually bump up their prices. A 5-10% cost increase allows them to increase their prices and profitability far higher.
In 2020, prices began their flight upward, as a strategy working towards future price hikes. Increase your prices/profits by 25%, and follow it up a year later with a further bump in prices. Governmental taxes will increase prices further, giving no real transparency or accountability to the consumer.
Corporate profitability works best in situations of public confusion and distress. People go to the grocer to buy items that could not be found in the near future. Paper towels, toilet paper, disinfectant sprays, not to mention food. Like a Casino, businesses create a sense of excitement, promoting through the media what products may become scarce in the near future, all the while a warehouse full of product stands by.
Governments are searching for every avenue available to tax their citizens. The helping hand extended previously to those in need is now going into your pocket books.
I can hear public organizations everywhere singing this silent diatribe, “Your love gives us such a thrill, but it won’t pay our debts and bills. We want revenue, that’s what we want.”
Will we return to the age of the caveman? Travel by foot, bike, horse drawn carriage, skateboards or perhaps the over-priced, elusive electric car? Our leaders are experiencing schizophrenic episodes within their foreign affairs policies, much like the gas prices you have experienced these past decades.
Prices for digital items and services skyrocket, while corporations that pretty well hold a monopoly on their set industry cannot even function properly. On July 8th, 2022 Rogers’ systems went off line, and Canadian’s, their police, medical systems, governmental services and even the military could not communicate or properly function. This has happened before, yet our government continues to allow these corporate hacks to police themselves. We could not even call 911 should an emergency arise. Perhaps it is time the Canadian marketplace opens up to American and EU Carriers/Providers.
Greed, arrogance, conspiracies, back room hidden decisions rule the day in Canada and many other nations. The average citizen suffers, while wealthy families and the corporations they own, accumulate massive wealth sent offshore, hidden from you and I and the taxman.