They keep raising prices, stating that it’s due to inflation, but then they keep having record profits.
Meanwhile, the average American can barely afford rent or food nowadays.
What are we to do? Vote? I have been but that doesn’t seem to do much since I’m just voting for a representative that makes the actual decisions.
All are also experiencing higher operating, production costs. Costs that are passed on to the customer.
During and after covid pandemic many fortunate 100 and fortune 500 companies made record breaking profits…
It’s just a big, convoluted mix of factors that are hard to separate. Yes, there are far too many bad actors. But also people are getting paid more for the same job, and the value of the dollar has gone to shit. I believe compared to 2019, a dollar in 2019 is $1.18 now. 18% inflation.
Money printer go brrrrr. Everybody, everywhere, is making record breaking profits all the time. And then you’ve got employers blowing smoke up your bum, saying “You got a 15% raise, wowee zowie, you’re more than fairly compensated!” And it’s like nice try, jackass, a 15% raise doesn’t even keep up with inflation. 🙄
I am not in favor of bad actors, of course, but I know I’m paying a fuckton more than I used to pay for the same stuff. It’s just…built-in.