Robert ReichJan 9, 2023

RT @[email protected]

Last quarter, American corporations took home about 10% more than they did the same time a year ago.

Folks, price gouging is driving inflation, not wages or government spending.

🐦🔗: https://twitter.com/RBReich/status/1608969556793458689

Robert Reich on Twitter

“Last quarter, American corporations took home about 10% more than they did the same time a year ago. Folks, price gouging is driving inflation, not wages or government spending.”

Twitter
Show threadGrandma Bates
@rbreich To add to the insult some industries are also refusing to pay the costs of inflation with respect to their source of products:
https://www.bbc.com/news/business-64204759
Fashion brands paid Bangladesh factories less than cost - report

High street retailers paid suppliers in Bangladesh less than production costs, researchers claim.

BBC News
Jan 9, 2023 at 11:06amWeb