Wednesday, 19 November 2014
Price War..Good or Bad?
I see that Asda is ramping up the price war.
In the short term this has to be good for those of us who have a limited income. But long term?
Rest assured that the price cuts will not be taken by the supermarkets, they will betaken by the farmers, growers and producers.
Already the price war over milk has led many farmers to the brink of bankruptcy. Many have just given up as it is not sustainable as they are earning, in real terms, about £2.00 an hour. Is this what we want ?Who wants to earn £2.00 an hour to work high days and holidays, weekends evenings and early morning 365 days a year? Have we got so obsessed with being frugal that we are now just plain selfish and mean, not caring about the impact of us grabbing yet another bargain?
Nobody is worse than I at grabbing a bargain. if you will read my last post I have even posted a picture of three really cheap products I bought the other day. - Sugar, Veggie Oxo and toothpaste (with a free toothbrush) I know next to nothing about how or where the latter two are made and where, but I do know that half of the sugar we use is now produced in this country ..Hurrah!...but are we now squeazing these farmers to take less and less profit so that supermarkets can sell cheap, while not loosing themselves? How long will these farmers consider it worth their while ?
Will (cheap or otherwise) imports be the answer? Do we want to become dependent on other countries for products over which we have no control, either for quality, availability or price? As the world struggles to feed an ever-growing population where will it leave us if these producers realise that they need to feed their own?
Just a few thoughts. Gosh I've really "got it on me" this week haven't I?!