Who's responsible for the current high prices?

[Crepitus]

Yep 100% agree. Corporations and businesses need more government control otherwise the will be as greedy as they possibly can be. The United States needs more of a centralized economy.

Happy capitalism requires regulation.

 

[Libby von H]

Pressure on the hydrocarbon markets has translated into increased cost of transportation.....passed on to all retail.

OUR PRESIDENT IS A FOOL The headline was everywhere

Biden Calls for $7.3 Trillion US Budget for Fiscal 2025​

 

[justoffal]

No dumbass… it’s not

When you want to play grammar Nazi you ought to be sure you’re correct, other wise you look more stupid than usual

Well....ahem.....achtung! He's actually right if you look at the second. " Your "....

 

[justoffal]

Happy capitalism requires regulation.

Unfortunately True....

 

[HikerGuy83]

Half of recent US inflation due to high corporate profits, report finds​

The corporations have been quick to pass on any increases in cost, but not inclined to pass on the savings when costs went back down.

So not really inflation anymore, but greedflation.

This, my republican friends, is why capitalism requires regulation and oversight.

Who is responsible for current high prices ?

Joe Biden.

Next Question.

 

[HikerGuy83]

Half of recent US inflation due to high corporate profits, report finds​

The corporations have been quick to pass on any increases in cost, but not inclined to pass on the savings when costs went back down.

So not really inflation anymore, but greedflation.

This, my republican friends, is why capitalism requires regulation and oversight.

Hey Genius,

What is the debt now ?

What were his deficits ?

We are on track to be at 2.5 trillion in 2024.

This guy is helping to crater the economy.

 

[HikerGuy83]

Unfortunately True....

Just not by the morons we have in D.C. now.

They can't regulate their bowels.

 

[justoffal]

Just not by the morons we have in D.C. now.

They can't regulate their bowels.

Problem is they regulate everything into their own bank accounts and neglect the effect that that has on the rest of the economy. They're not stupid just greedy. Well maybe a little of both!

 

[HikerGuy83]

Problem is they regulate everything into their own bank accounts and neglect the effect that that has on the rest of the economy. They're not stupid just greedy. Well maybe a little of both!

You can't tell where big business ends and government begins.

Nobody has our backs.

 

[justoffal]

Half of recent US inflation due to high corporate profits, report finds​

The corporations have been quick to pass on any increases in cost, but not inclined to pass on the savings when costs went back down.

So not really inflation anymore, but greedflation.

This, my republican friends, is why capitalism requires regulation and oversight.

Going to be hard to sell that to the people who are in charge since they benefit from the investment markets.

 

[justoffal]

You can't tell where big business ends and government begins.

Nobody has our backs.

Geezus...... Ain't that the truth!

 

[HikerGuy83]

Geezus...... Ain't that the truth!

What's worse is that many want to put these morons in charge of health care.

 

[Billiejeens]

You can't tell where big business ends and government begins.

Nobody has our backs.

The Government has figured out that they can get Big Business to do things that the Government can't legally do themselves.

 

[sartre play]

The regulators and overseers have been bought off by the Wall Street scum infesting your party.

Best get that plank out of your own eye first, Dudley.

Geezus...... Ain't that the truth!

Plenty of blame to go around
If We stopped just blaming THE OTHER PARTY FOR EVERYTHING,
and got honest enough to see the whole picture,
Maybe we could HAVE some healthy honest effect on ALL of them.

 

[HikerGuy83]

The Government has figured out that they can get Big Business to do things that the Government can't legally do themselves.

The door swings both ways.

And given the true idiots we have in D.C. I am afraid it's big business that is getting the government to do things....much less the other-way-around.

 

[Billiejeens]

The door swings both ways.

And given the true idiots we have in D.C. I am afraid it's big business that is getting the government to do things....much less the other-way-around.

Prolly

But since Government has considerably more power to harm - increasing their power concerns me much more.

 

[HikerGuy83]

Prolly

But since Government has considerably more power to harm - increasing their power concerns me much more.

Totally agree......

Big business isn't the only player.

Look at what special interest groups have done lately.

 

[justoffal]

What's worse is that many want to put these morons in charge of health care.

Yeah I know..... How many heart attacks does it take to put a million dollars in a legislator's bank account? I Expect we'll be finding out.

 

[Lesh]

Who’s responsible for high prices?

Considering they are the result of past high inflation (because inflation is NOT high now) the answer would be Trump and Biden since they both dumped a shitload of money into the economy because of Covid. Next question

 

[hadit]

Half of recent US inflation due to high corporate profits, report finds​

The corporations have been quick to pass on any increases in cost, but not inclined to pass on the savings when costs went back down.

So not really inflation anymore, but greedflation.

This, my republican friends, is why capitalism requires regulation and oversight.

Who is saying that the costs are going back down? INFLATION may be coming down, but when prices go up rapidly, then continue going up more slowly, they're still going up. We would have to see DEFLATION in order to see prices falling, and no one's saying that's happening. In fact, that would scare economists quite a lot.