2 ms·
It's been so interesting to see how this has been reported. From day to day the headlines are all over the place. One day they're saying that people simply hav
by autoexec 4y ago
It's been so interesting to see how this has been reported.
From day to day the headlines are all over the place. One day they're saying that people simply have too much money and that's the problem, but then they'll have another article saying that people are sliding into poverty, homelessness is on the rise, and there's a massive eviction crisis looming.
One day they're saying that consumers are to blame because they keep buying everything driving up demand while supply shortages have forced stores to raise prices, but the next day they're reporting that retailers have an inventory glut and are sitting on vast warehouses of unsold appliances and goods.
Then you hear about how companies are struggling with raising costs and prices, but the next day they're pulling in record profits.
It's also weird to see this article blame workers for not demanding higher pay when their ability to do that has been under attack. They'll outsource your jobs to the third world, they'll import immigrants (legal or otherwise) to do your job for much less, they'll attack your ability to unionize, they'll collude to suppress your wages and benefits and after decades of that they'll blame you for not earning enough and demanding more.
I'm pretty sure a couple thousand dollars in "stimulus" money to help people who were forced into debit and/or out of work and were struggling to keep food on their table and a roof over their head wasn't the cause of inflation, and that Biden isn't to blame because he wanted to forgive a portion of the massive debt we've forced on our nation's children.
From my perspective all I see are companies making money hand over fist while struggling people are being taken advantage of. While corporate greed may not be the cause of inflation they've certainly taken advantage of it to screw over everyone else and inflate their already obscene profits. They are in a position where they could continue to make vast amounts of profit, just somewhat less of it, and greatly improve the situation for everyone (including their own long term profits) and instead they are tightening the screws to squeeze as much as possible out of the people while providing as little as possible to the people. I'm pretty sure putting the blame on greed is the right idea.