Working Families Party

The research says profits for some companies rose by a whopping 30% between 2019 and 2022, completely outpacing inflation.

TLDR: Corporations have been raising prices because they're greedy, and they saw an opportunity to squeeze more out of people who were already struggling.
https://fortune.com/europe/2023/12/08/greedflation-study/

The biggest study of ‘greedflation’ yet looked at 1,300 corporations to find many of them were lying to you about inflation

Companies like Exxon Mobil, Shell, and Kraft Heinz enjoyed bumper profits as consumers struggled with historic inflation.

Fortune
Dec 13, 2023 at 12:00amBuffer
Show threadWideEyedCurious 🇺🇸 💙 🇺🇦 & 🇨🇦Dec 13, 2023
@WorkingFamilies I’m shocked I tell you. Shocked! 🙄
Show threadPeachMcDDec 13, 2023
@WorkingFamilies everyone knows FORTUNE magazine is a commie rag
Don't hate the corporate players, baybee... hate the game 😉
Show threadStarkRGDec 13, 2023
@WorkingFamilies Surely nobody was actually believing them, right? Wages haven't risen at the same rate as costs for my entire life which means they're lying out their asses.