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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThis is a great article on "inflation" AKA corporate record profits.
I think there is a lot of misinformation and misunderstandings floating around that are perpetuated by the media at times. And so where I would start with the conversation is to say that when were thinking about inflation, we need to understand that there are stark differences in how American households and consumers are experiencing the post-pandemic economy, versus how corporations are faring.
But corporations have turned consumers pain into their own gain. So what weve seen corporations do is that theyve used all these crises as an excuse to pass on higher prices to consumers, padding their pockets in the process, and then funneling the extra money back to their wealthy shareholders and investors.
https://truthout.org/audio/corporations-price-gouging-may-hurt-them-in-the-long-run-says-economist/
Tax the rich!
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This is a great article on "inflation" AKA corporate record profits. (Original Post)
onecaliberal
Sep 2022
OP
And they want their favorite tax-cutters and de-regulators back in power.
Hermit-The-Prog
Sep 2022
#3
Hermit-The-Prog
(33,349 posts)1. They don't wait for a crisis ...
From 2019, before the pandemic:
The biggest business con of 2019: fleecing workers while bosses get rich
onecaliberal
(32,862 posts)2. They're just taking advantage. They're raking in record profits.
They want wages to go back down. I dont know what theyre smoking.
Hermit-The-Prog
(33,349 posts)3. And they want their favorite tax-cutters and de-regulators back in power.