Why Are Working People Being Blamed for Inflation? - The Problem with Jon Stewart

[TexasTowelie]

What’s the cause of rising prices? We unpack why working people are blamed for inflation and investigate its true causes. Hint: corporate greed might have something to do with it.

[bucolic_frolic]

1. Companies are getting all they can while they can to maintain profits

Consumers act rationally. It's cheaper today so buy it now before the price goes up. Money loses purchasing power over time.

[Pisces]

2. Wanting poor people to have no jobs and less pay can not be the way to tamp down inflation. The

Money they received from Covid relief is long gone on rent and food. The scammers like business owners who received millions are the the ones causing the inflation as they have the money. Why would the prescription be to put people out of work???? Now the industry that is hurting is lending and housing. No one will sell, no one can afford to buy at these inflated prices and high interest rates. They no longer qualify. I also think they should build housing developments that are $250,000 or less that can only be purchased by a first time homebuyer. Young people can not afford to buy because lower dollar houses get scooped up with cash buyer investors.

[Locrian]

4. inflation

remember that "inflation" to the corporate/wealthy does not mean the same thing as price increases.

They are FINE with price increases since they caused it to get more profit. What they call "inflation" is the demand for higher wages. That they cannot tolerate.

Cant remember the fat cat caught on tape but he basically said price increase (inflation) is GOOD since it forces people back to work for lower wages it keep the "real" inflation threat down: paying more to the workers.

[Rebl2]

5. My thought

exactly. Individuals spent that long ago. Certain businesses got Covid relief that should not have and I think some states still have Covid relief money they haven’t used yet. I thought they had to give that back long ago if it hadn’t been used by now. I agree with your thoughts on housing too.

[Prairie_Seagull]

3. None of these MF'ers can verbally paint a picture for shit. Wait there not talking to us. Never mind

on edit, thanks for posting. I have missed John.