Current Events > Corporate profits have contributed disproportionately to inflation.

(+) Yeah! (+)

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

*gets popcorn*

Instead, the already-excessive power of corporations has been channeled into raising prices rather than the more traditional form it has taken in recent decades: suppressing wages.

Pick your poison huh. Either way, we fucking lose.

Trickle down economics etc

https://gamefaqs.gamespot.com/a/user_image/0/9/8/AACZqoAADL4a.png

Pretty much what the left has been saying all along

[LFAQs-redacted-quote]


It is my opinion, that powerful people on the right who carry water for corporations say:
"Don't worry about corporate greed, the free market will take care of it (eventually), you should be more concerned with the excesses on the left."
I also believe that powerful people on the left who carry water for corporations say:
"Don't worry about corporate greed, the government will take care of it (eventually), you should be more concerned with the excesses on the right."

And much of the world keeps spinning with many hating their proverbial neighbor while the powerful continue to exploit and hold on to their power.

This is my opinion.

after reading about how corporations profited immensely the past 2 years this isn't surprising. of course the corporate right wing media will instead try to blame someone else because god forbid they have to settle for a 180 foot yacht instead of a 200 foot yacht

This is literally the most "well duh" thing ever said.
@shockthemonkey
Yeah I'm not sure who the fuck these powerful people on the left are, unless he means dems in which my only response can be 'fucking lol'.

Did outlets like CNN or Fox have coverage on this issue? Ill occasionally judge the gravity of various issues based on how much coverage is given to it by mainstream outlets, usually stuff like this is given no coverage and intuitively I feel its a much more significant issue to our system than the stuff they provide more coverage on.

ScazarMeltex posted...

This is literally the most "well duh" thing ever said.
@shockthemonkey
Yeah I'm not sure who the fuck these powerful people on the left are, unless he means dems in which my only response can be 'fucking lol'.

The president, the house, and the senate are Dem controlled. Are you saying they are not powerful or not on the left?

If it's the latter I'm willing to rephrase:
It is my opinion, that powerful people in the republican establishment who carry water for corporations say:
"Don't worry about corporate greed, the free market will take care of it (eventually), you should be more concerned with the excesses on the left."
I also believe that powerful people in the democratic establishment who carry water for corporations say:
"Don't worry about corporate greed, the government will take care of it (eventually), you should be more concerned with the excesses on the right."

David1988 posted...

Did outlets like CNN or Fox have coverage on this issue? Ill occasionally judge the gravity of various issues based on how much coverage is given to it by mainstream outlets, usually stuff like this is given no coverage and intuitively I feel its a much more significant issue to our system than the stuff they provide more coverage on.

I do not believe so.

Because CNN and Fox are funded by advertisements, one could make the argument that they might be less incentivized to be critical of corporations as a whole.

A 60% corporate tax rate with all individuals receiving a rebate wiuld fix things as far as Im concerned.

joe40001 posted...

The president, the house, and the senate are Dem controlled. Are you saying they are not powerful or not on the left?

No. They're literally not.

They are moderate neoliberals. Certainly not "on the left " in any capacity like the right is painting them out to be.

NoMeLx22x posted...

No. They're literally not.

They are moderate neoliberals. Certainly not "on the left " in any capacity like the right is painting them out to be.

We are basically in agreement then. The political establishment of both parties is largely not representing or serving the values of the people they claim to serve.

Sure. I mean thats the frustration within most progressive voter groups. They push for actual change to actual people that need it, but they get lumped in woth Democrats and basically have to vote for them since the right is so fucked.

NoMeLx22x posted...

Sure. I mean thats the frustration within most progressive voter groups. They push for actual change to actual people that need it, but they get lumped in woth Democrats and basically have to vote for them since the right is so fucked.

Which is why I personally am done with the duopoly.