@rbreich I hope that the late-in-coming pushback to that is building momentum. I think we’ve had it with the worship of billionaires. We’ve had it with their sociopathy.

@rbreich I don't quite understand, how have unit labor costs accounted for 61.8% of unit price growth from 1979-2019 when salaries have stagnated over that same period? Are they counting CEO pay in to labor costs?

@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.

@rbreich The chart is comparing an average across almost 40 years with a time period that is about one year? Any chance there were shorter periods of time within the forty years that are more comparable to the present period? Do you believe we could use this as a metric that accurately tracks the sentiment of corporate greed over time? I would expect corporate greed to stay pretty constant over time as I don’t think human nature changes much from one perid to the next.

@rbreich we know this, Corporations obviously know this, Jerome Powell definitely knows this, & every corrupt Corporate Dem & Republican knows this: GET $$$ OUT OF POLITICS NOW! #SaveDemocracy

@rbreich corporations are greedy by definition and were always greedy. The more interesting question would be what changed to generate this statistic?

@rbreich @alexjvcocochrane

@rbreich he Robert I appreciate you so much. You’re one of the reasons I’m giving this platform a go

@rbreich yes, and?
This is not an improve class. What do we do about it?

@rbreich
Especially the people who don't want to work. Yet we have desperate refugees who aren't permitted to work

@rbreich Without we the people, there are no profits, companies or economy. #protest with these tags on signs #5HrsMaxWorkDays #LivableWages #UniversalHealthcare #QualityEducationSystems #ProgressiveEducationSystems
#AffortableEducationSystems
#CertifiedBCorporations

@rbreich is ANYONE looking out for us??? With “the red wave” attempting to remove/reduce our “entitlements “ (aka all of that money that was deducted from out paychecks), and people attempting to get ahead via insurmountable college loans, someone has to give us a friggin’ break!!!

@rbreich @kgh1021

@rbreich ridiculous.

@rbreich of course you are here. I already feel more at home.

@rbreich ppreciate your post but I have to agree with @enhickman who makes an excellent point here. Comparing 40 years with a time period that is about one year does not seem like a statistically sound thing to do, especially when the one year in question was so, so, so far out of the normal. Inflation by definition is an expansion of the money supply (government printing), but let’s blame private business (greedy corporations) instead.

@rbreich Keep teaching us , sir.

@rbreich Yes that is correct.

@rbreich thanks for your help.

@rbreich Source link please?
Would be great to dive deeper into this.

@rbreich I wish this conversation was much more prevelent in the UK, the strikes we have need soo much more public support. Prof Richard Murphy and his ilk are trying hut we really need so many more to get the message already
#InflationUK
#Inflationarypressures

@rbreich corporate greed is destroying society!

@rbreich Funny that during the pandemic, due to scarcity, the stores decided to limit quantities rather than raise prices.