Kamalonomics

Lionfish said:
Prolly nothing to do with the skyrocketing cost of energy, building restrictions, supply chain problems, or the democrat demands fot a $20/minimum wage. You fuckers are insane.
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When companies record RECORD PROFITS, while simultaneously refusing to lower costs even a tiny bit for the hardest hit Americans, that is the very definition of GREED.
 
zappasguitar said:
When companies record RECORD PROFITS, while simultaneously refusing to lower costs even a tiny bit for the hardest hit Americans, that is the very definition of GREED.
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Err, all I have heard fromm the alt lefties is, look what brandon has done for the Dow Jones and NASDAQ.
 
Lionfish said:
Err, all I have heard fromm the alt lefties is, look what brandon has done for the Dow Jones and NASDAQ.
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So you acknowledge the record corporate profits.

Will you hold corporations who raised prices while recording record profits accountable?
 
zappasguitar said:
So you acknowledge the record corporate profits.

Will you hold corporations who raised prices while recording record profits accountable?
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Prices are up because costs are up. Corporations mark up selling prices based on costs. This sudden increase in goods is a direct result of 30-50% increases in energy and labor costs. If you aregiddy over your 401k, remember you have lost over 20% due to a devalued dollar.
 
Lionfish said:
Prices are up because costs are up. Corporations mark up selling prices based on costs. This sudden increase in goods is a direct result of 30-50% increases in energy and labor costs. If you aregiddy over your 401k, remember you have lost over 20% due to a devalued dollar.
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If costs are up, then how do you account for record profits recorded by corporations?
 
zappasguitar said:
If costs are up, then how do you account for record profits recorded by corporations?
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It is a fact that there is inflation. Exactly as expected after the economic contration during COVID. The only people who seem surprised by this inflation are Trump partisans.

As for your point about record profits; yeah there's a clear significant signal that corporate greed is driving some of the cost since, as you point out, how can one otherwise account for the record profits at a time when everyone is feeling the pinch?

American middle-income productivity is at all time highs yet the middle income folks have essentially stagnated in terms of income growth over the last 45 years. Where is that money going to?
 
Obtenebrator said:
It is a fact that there is inflation. Exactly as expected after the economic contration during COVID. The only people who seem surprised by this inflation are Trump partisans.

As for your point about record profits; yeah there's a clear significant signal that corporate greed is driving some of the cost since, as you point out, how can one otherwise account for the record profits at a time when everyone is feeling the pinch?

American middle-income productivity is at all time highs yet the middle income folks have essentially stagnated in terms of income growth over the last 45 years. Where is that money going to?
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Rebublicans were not surprised by this inflation. The minute brandon started executive orders affecting previous sound energy policy it was inevitable we all were going to see much higher costs.
 
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