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I wouldn't call making 2 cents off every dollar being greedy.Right wingers: prices are too high!
Also right wingers: Companies making tons of profit is natural, only commies disagree!
But mostly corporate price-gouging.
President Biden is absolutely correct.
I wouldn't call making 2 cents profit on every dollar the owners tipping the scales in their favor.Capitalism is a war between labor and owners over the share of the pie…agree?
Owners have tipped the scales and have captured more wealth share than ever before… agree?
Whether you think that is bad or not is opinion but the facts are facts.
No, I wouldn't.So predictable. If Trump said what Biden said you would agree with Trump.
Kroger 2022 annual EBITDA was $6.906B, a 12.24% increase from 2021. Kroger 2021 annual EBITDA was $6.153B, a 11.06% increase from 2020.I wouldn't call making 2 cents off every dollar being greedy.
What is the Profit Margin for Grocery Stores? | The Grocery Store Guy
What is the profit margin for grocery stores? Conventional grocers have a profit margin of about 2.2%, but, natural, organic, and gourmet stores often . . .thegrocerystoreguy.com
Yes you would.No, I wouldn't.
$6.9B on revenue of $148B.Kroger 2022 annual EBITDA was $6.906B, a 12.24% increase from 2021. Kroger 2021 annual EBITDA was $6.153B, a 11.06% increase from 2020.
Corporate profits - not revenue, profits - are at a 70 year high.
They are making 2 cents per dollar. What do you want them to do, lower their prices on every single item by 2 cents?Kroger 2022 annual EBITDA was $6.906B, a 12.24% increase from 2021. Kroger 2021 annual EBITDA was $6.153B, a 11.06% increase from 2020.
No, I wouldn't.Yes you would.
Hah!!!.....damn good question!I wonder if they'll treat retail theft at the city owned store differently from
theft at the evil, capitalist exploiter owned store?
Inflation eats away some of that total.Kroger 2022 annual EBITDA was $6.906B, a 12.24% increase from 2021. Kroger 2021 annual EBITDA was $6.153B, a 11.06% increase from 2020.
YepThey won't go that route. Probably most know that its all bullshit and smoke and mirrors, but controlling the purse buys votes and keeps them in power. And they don't CARE whether anything actually accomplishes anything good or what the long range negative consequences will be. They are enriching themselves day by day an figure by the time it all hits the fan they will have theirs and will be out of office so that somebody else will get the blame.
Capitalism is a war between labor and owners over the share of the pie…agree?
Capitalism is a war between different enterprises for market share.
Lap Dog for DogbertHe does know that his party is the one jacking up minimum wages so they have no choice but to raise prices doesn't he?
There was a time when America actively sought out highly skilled immigrants.Only the highest skilled employees like me have leverage. The average laborer isn’t organized and isn’t maximizing their leverage.
Hereditary Ownership Both Contradicts and Destroys CapitalismCapitalism is where every contender gets a shot at the brass ring
That does not exist in America anymore.
~S~
Then why are you dumbasses bitching about the price of groceries?They just figured out that they should raise prices as much as the consumer can take?
Durr
That's business 101.
Always has been.
Inflation is at 3%. Read a newspaper. Raise your IQ from single digits.Stop government spending that wastes almost all the money spent Mr. President, and inflation comes way down and maybe will even reverse itself.
