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.

  • @Zevlen@lemm.ee
    link
    fedilink
    English
    26 months ago

    During and after covid pandemic many fortunate 100 and fortune 500 companies made record breaking profits…

    • @CoffeeJunkie@lemmy.world
      link
      fedilink
      16 months ago

      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.