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In reply to the discussion: This isn't inflation - It is 100% corporate greed [View all]uncle ray
(3,361 posts)8. i work in manufacturing of non-retail goods, we've raised prices on many items 2-4x what they were.
we know the customer will pay the price, the cost to find and qualify a replacement manufacturer is too high and the process is very time consuming. sure, we've lost some jobs, but that's ok. margins have gone up. either the work we are doing is going to be substantially profitable, or we are not going to do it.
this same thing is happening in all levels of all industries.
workers, be prepared to DEMAND a fair wage or walk. odds are in your favor more than they have been in decades.
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Understood and appreciated. Also retired -- from feds so my savings went into the TSP where there's
KPN
Feb 2022
#64
Thanks PO. I've used smilar calculators in the past. Did a lot of runs with different ROIs and
KPN
Feb 2022
#109
Yes. We are only good for making them wealthy, and we are completely expendable.
Irish_Dem
Feb 2022
#100
i work in manufacturing of non-retail goods, we've raised prices on many items 2-4x what they were.
uncle ray
Feb 2022
#8
Mr. Rashid should look into those corporations' balance sheets AND what contributes to the....
George II
Feb 2022
#25
CEOs who raise prices get bigger bucks. CEOs who don't get removed by the investors.
Midnight Writer
Feb 2022
#26
Corporate greed is a given and a constant, but inflation is due to material costs, oil + wages
andym
Feb 2022
#39
How about jobs that provide insulting benefits like food stamp eligibility?
IronLionZion
Feb 2022
#77
Not 100%, there would be inflation now no matter what from screwed up supply chains...
Silent3
Feb 2022
#79
I don't think it's so much greed, as a concerted effort to make the Dems look bad.
C Moon
Feb 2022
#82