(Source: Facebook pizzeria message.)
The Biden economy killed the 99 cent store. The Dollar Tree announced that it was raising prices, and anyone who has been to a 99 cent store would have noticed price hikes and shrinkflation, sometimes to an absurd degree with packages sometimes being cut in half.
Now the same Biden economy that gave us $6 gas, has also come for the buck slice of pizza.
Elias savored slices on the sidewalk this week with friends amid a true sign of the times — the shop advertises $1.50 pizza slices on a sidewalk menu board, right beneath its iconic bright red marquee boasting “$1 Pizza.”
Lenny Giordano, owner of Mona Lisa Pizzeria in Annadale on Staten Island, agreed.
“I can list about 200 items that I’m buying for my store every week and every one of them went up 50 to 200 percent (over the past year),” he wrote on social media last week, sharing the shocking numbers in an open letter to patrons apologizing for price increases.
The price of garlic alone has surged 400 percent, he said.
“Our profit margin goes down every day,” Giordano said. “We’re trying not to scare people away with higher prices. If we raise prices according to rising food costs going up, we’ll soon have no customers walking through the door.”
Over the past year, a plain slice at the award-winning Mona Lisa has risen from $2.25 to $2.75 (up 22%) and a cheese pie is up from $15 to $18 (20%) — steep increases that are still well below the heat Giordano says he’s taking from suppliers.
Meanwhile, the New York Times and the Washington Post sneers at Americans for worrying about inflation. And the Times suggests that Americans being concerned are suffering from psychological problems.
The gaslighting isn’t working when people can see the prices rising in real time.