Robert ReichCorporate profits only accounted for roughly 11% of price growth from 1979 to 2019.
Today, record corporate profits account for 53.9% of price increases.
Folks, corporate greed is driving inflation, not workers asking for better wages.
Cindi Lynch (She/Her)@rbreich Some price increases are legitimately due to supply chain foul-ups and increased costs to get products to the market. It's important to do the math to see whether the vendors you do business with prioritize their employees and their customers or their owners/shareholders.