huge swing in midterm polling on abortion

[Jim in CT]

Originally Posted by Pete F.

Don’t tell me corporations have no choice but to raise prices.

Corporate profits are at a 70-year high.

Stock buybacks are expected to reach $1,000,000,000,000 this year.

Corporations are doing just fine. Regular people are not.
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wholesale inflation was up 11% for june over prior year. lots of companies don’t have profit margins nearly high enough to absorb that.

So as usual, you’re wrong, companies have no choice. Doesn’t mean some arent gouging. but costs of labor and raw goods are way up. that’s going to lead to higher prices in the real world.

also, the feds printed a lot of checks and handed them out to people. That obviously was a catalyst in consumer spending.

if your opposed to corporate profits pete, you should
be angry that both trump and biden mailed big fat checks to lots of people who weren’t impacted one cent by covid.
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[Pete F.]

Originally Posted by Jim in CT

wholesale inflation was up 11% for june over prior year. lots of companies don’t have profit margins nearly high enough to absorb that.

So as usual, you’re wrong, companies have no choice. Doesn’t mean some arent gouging. but costs of labor and raw goods are way up. that’s going to lead to higher prices in the real world.

also, the feds printed a lot of checks and handed them out to people. That obviously was a catalyst in consumer spending.

if your opposed to corporate profits pete, you should
be angry that both trump and biden mailed big fat checks to lots of people who weren’t impacted one cent by covid.
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$18,000,000,000

That’s the total profits Exxon Mobil raked in, in just one quarter this year.

The fossil fuel industry doesn’t need another subsidy.

Working families do.
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[Jim in CT]

Originally Posted by Pete F.

$18,000,000,000

That’s the total profits Exxon Mobil raked in, in just one quarter this year.

The fossil fuel industry doesn’t need another subsidy.

Working families do.
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working families don’t need subsidies. they need less intrusion, which is nowhere near the same thing as a subsidy.
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[Pete F.]

Originally Posted by Jim in CT

working families don’t need subsidies. they need less intrusion, which is nowhere near the same thing as a subsidy.
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But big business does
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[Jim in CT]

Originally Posted by Pete F.

But big business does
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which party controls DC right now? why don’t they end subsidies?
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[Pete F.]

Originally Posted by Jim in CT

which party controls DC right now? why don’t they end subsidies?
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Ahh, sounds simple
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