Biden isn't the reason inflation is sky high.

[Penelope]

The jig is up – corporate earnings calls are revealing the hidden culprit behind the rising prices facing Americans: big corporations are raking in more cash than ever – squeezing working families and jacking up inflation with their price gouging and profiteering.

Bloomberg: Inflation Story Spun by CEOs Is Debunked by Fat Profit Margins

From the Speaker's Press Office: The jig is up – corporate earnings calls are revealing the hidden culprit behind the rising prices facing Americans: big corporations are raking in more cash than ever – squeezing working families and jacking up inflation with their price gouging and...

www.speaker.gov

--------------------------------------
of the CEOs are raising prices along with the supply chain,
The Canadian Convoy is not helping matters either.

 

[pknopp]

It's a multi level problem. Biden deserves a share but there is plenty of blame to go around. (including what is noted here)

 

[Toddsterpatriot]

The jig is up – corporate earnings calls are revealing the hidden culprit behind the rising prices facing Americans: big corporations are raking in more cash than ever – squeezing working families and jacking up inflation with their price gouging and profiteering.

Bloomberg: Inflation Story Spun by CEOs Is Debunked by Fat Profit Margins

From the Speaker's Press Office: The jig is up – corporate earnings calls are revealing the hidden culprit behind the rising prices facing Americans: big corporations are raking in more cash than ever – squeezing working families and jacking up inflation with their price gouging and...

www.speaker.gov

--------------------------------------
of the CEOs are raising prices along with the supply chain,
The Canadian Convoy is not helping matters either.

Inflation is ongoing increases in the general price level for goods and services in an economy over time.


House Democrats passed the Build Back Better Act to bring down costs,

Nancy's Alzheimer's is almost as advanced as Joe's.

 

[Penelope]

Fattest Profits Since 1950 Debunk Wage-Inflation Story of CEOs​

• Companies post higher margins as pressure for pay hikes grows
• Deere earnings hit record; workers held out to get 10% raise

Fattest Profits Since 1950 Debunk Wage-Inflation Story of CEOs

In the second year of a pandemic that began by wiping out 20 million jobs, American workers are doing surprisingly well. It’s just that American business is doing even better.

www.bloomberg.com

we have to support the CEO's.

 

[Baron Von Murderpaws]

Corporate greed-mongers have been a huge problem for many decades..........and has nothing to do with oil prices or inflation. And if you've never worked in the retail industry at a corporate level, you will never know the truth.

 

[Anomalism]

Inflation is ongoing increases in the general price level for goods and services in an economy over time.


House Democrats passed the Build Back Better Act to bring down costs,

Nancy's Alzheimer's is almost as advanced as Joe's.

OP seems to not understand much about economics. Can't say I'm surprised.

 

[Penelope]

The Canadian Convoy is not helping matters either.

 

[pknopp]

Inflation is ongoing increases in the general price level for goods and services in an economy over time.


House Democrats passed the Build Back Better Act to bring down costs,

Nancy's Alzheimer's is almost as advanced as Joe's.

And the extremely high inflation has been created by many causes over time.

 

[Penelope]

Its all Biden problems , as the republican's say. Never mind that the CEO and the supply chain are causing the problem.

 

[basquebromance]

inflation is a nightmare

even if a few Americans like Biden, i'm not sure we can afford him

 

[basquebromance]

 

[JGalt]

Liberals never seem to accept responsibility for things they fuck up. It's always someone else's fault.

Massive government spending bills and bailouts, the FED cranking out billions of dollars to shore up the stock market, Draconian regulations on oil, gas, business, industry, and the American people...

The policies enacted by Biden and the Democrat Party were a recipe for disaster. And it only took one year.

Watch how it jumped as soon as the Democrats took control...

 

[pknopp]

Its all Biden problems , as the republican's say. Never mind that the CEO and the supply chain are causing the problem.

So is massive debt.

 

[Flash]

The jig is up – corporate earnings calls are revealing the hidden culprit behind the rising prices facing Americans: big corporations are raking in more cash than ever – squeezing working families and jacking up inflation with their price gouging and profiteering.

Bloomberg: Inflation Story Spun by CEOs Is Debunked by Fat Profit Margins

From the Speaker's Press Office: The jig is up – corporate earnings calls are revealing the hidden culprit behind the rising prices facing Americans: big corporations are raking in more cash than ever – squeezing working families and jacking up inflation with their price gouging and...

www.speaker.gov

--------------------------------------
of the CEOs are raising prices along with the supply chain,
The Canadian Convoy is not helping matters either.

You are delusional or in denial or both.

Piss poor energy policies, not minding the store with regards to supply chain problems and massive unecessary government spending is driving up the cost of goods and services and that shithead is responsiblie for all of it.

 

[Harpy Eagle]

OP seems to not understand much about economics. Can't say I'm surprised.

So, you do not think that companies take advantage of on going inflation and raise their prices even more to ensure maximum profits but exacerbating the problem in the process?

 

[pknopp]

You are delusional or in denial or both.

Piss poor energy policies, not minding the store with regards to supply chain problems and massive unecessary government spending is driving up the cost of goods and services and that shithead is responsiblie for all of it.

The supply chain problems started well before Biden. You can blame him for still not addressing them but they were not addressed when they first started to be a problem either.

Spending has been a problem for a long time. Biden has done nothing to address that but neither did those before him.

 

[Anomalism]

So, you do not think that companies take advantage of on going inflation and raise their prices even more to ensure maximum profits but exacerbating the problem in the process?

Companies charge what they can. That's how the market works. A decent company will always seek to maximize profits. Are they supposed to take hits out of the kindness of their hearts?

 

[Penelope]

It's all Biden's fault according to the republicans. I get sick of debating with you republicans.

 

[Anomalism]

It's all Biden's fault according to the republicans. I get sick of debating with you republicans.

Solely blaming Biden is stupid, especially because he's just a DNC puppet anyway. I doubt he knows what day of the week it is.

 

[Harpy Eagle]

Companies charge what they can. That's how the market works. A decent company will always seek to maximize profits. Are they supposed to take hits out of the kindness of their hearts?

Then we both agree that the inflation we are seeing is not all due to "too much money chasing too few products".

But no, I do not hits out of the kindness of their hearts, I expect them to do exactly what we are seeing them do, pump up prices until the people stop buying the product, then drop it a dime and keep it there.

But it is sort of hard to blame that on the Govt so if anyone that brings it up is accused of not understanding economics