Corporate 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.

@rbreich I’m new here, long ago kicked off from that other old sinking ship. Seeing your friendly insightful self here is reassuring and nice. These deck chairs seem comfortable. I hope this voyage will be a happier one for all.