@MeidasTouch WE will never see this chart on a national newscast bc the networks are part of the top blue line
@MeidasTouch This should be the lead on every news program tonight. CORPORATE GREED.
@MeidasTouch PLEASE make an ad based on this! Americans need to know they are being misled by the GOP!!
@MeidasTouch Kroger just bought Albertsons for billions and is all like...."but it's supply chain issues" GFY Kroger for price gouging
The increase in “corporate profits” were driven by government handouts, not price increases. “Our analysis shows that much of the increase in aggregate profit margins following the COVID-19 pandemic can be attributed to (i) the unprecedented large and direct government intervention to support U.S. small and medium sized businesses and (ii) a large reduction in net interest expenses due to accommodative monetary policy. Once we adjust for fiscal and monetary interventions, the behavior of aggregate profit margins appears much less notable, and by the end of 2022 they are essentially back at their pre-pandemic levels.” federalreserve.gov/econres/notes/…
@MeidasTouch @Orland1M The economy is recovering and expanding. This leads to inflation. It is heightened because everyone has jobs and demand for consumer products is high. This is why the Fed keeps raising interest rates. They're trying to slow down the economy. It is growing too fast right now.
#InflationExplained Will not be an election narrative for “Trump Cult Politicians” in the future anymore! America understand the real reasons; It is called Self-enrichment by Corporations through price gauging, profiteering and exorbitant corporate gains, at the expense of the not-so-wealthy! The word “Inflation”, became a word, you could hear it everyday, and it was useful to deceive VOTERS, becoming vote-getters, “for Trump Cult Politicians”all the way up and down!