Sunday, November 13, 2022

Corporate profits causing inflation

 

https://www.facebook.com/RBReich/posts/pfbid029mzcbSR7ZMEKgsTTtTciVcvzBx1xvJRFxvE6XQyZoejyuKqBvZKFaos6jPMV5kRl

Robert Reich 

Nov. 12, 2022


Corporate profits only accounted for roughly 11% of price growth from 1979 to 2019. 


Today, record corporate profits account for 53.9% of price increases. 


Folks, corporate greed is driving inflation, not workers asking for better wages or Joe Biden.

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