Npars01 , 2 months ago

@dkiesow

Inflation isn't "revving up".

Inflation is being manufactured. Corporate profits are at a 50 year high, from price gouging.

Corporate profiteering is what is driving price increases.

https://www.theguardian.com/commentisfree/2024/apr/11/companies-inflation-price-gouging

https://www.thenation.com/article/politics/inflation-price-gouging/

https://inequality.org/research/inflation-price-gouging/

https://www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/

https://groundworkcollaborative.org/news/new-groundwork-report-finds-corporate-profits-driving-more-than-half-of-inflation/

https://www.casey.senate.gov/news/releases/greedflation-casey-releases-report-exposing-big-corporations-for-price-gouging

Kierkegaanks , 2 months ago

@Npars01 @dkiesow it seems only yesterday economists waved their hands at greedflation, calling it a socialist conspiracy theory

Klaxun , 2 months ago

@Npars01 @dkiesow
This is what happens when corporations are not properly regulated.

Edelruth , 2 months ago

@dkiesow

"Good news of the day. Why this is bad for Biden."

Over, and over.

But that's a NYT thing. Why is the WP picking up that vibe?

faab64 , 2 months ago

@dkiesow Bankrupting Europe is making US richer than ever.

It will be interesting to see how Americans will vote between #GenocideJoe and #OrgangeHitleTrump

mastodonmigration , 2 months ago

@dkiesow

🤷 🤦‍♂️

GreenFire , 2 months ago

@mastodonmigration @dkiesow
@nancylwayne @woozle @Snowshadow @DeeGLloyd
I'm not saying that the WaPo doesn't both sides our politics terribly, I think they do, but that headline is not as misleading as many.

High interest rates along with the impending inflation from rising oil prices is going to be a steep political hill for Joe Biden and Democrats to surmount.

Though of course one reason that voters can't put it into context is because of our political media so...