Greedflation Example?

[nucular]

The democrats have been using this greedflation concept for years and especially since Covid. It is now an integral part of Harris' campaign. I am trying to find specific examples of greedflation (companies with year over year profits, margins, etc) but I am falling flat. All I can find are their year over year revenues. Have they provided any actual examples of companies they think are contributing to this?

Even CNN thinks this claim is dubious

https://www.cnn.com/2024/08/20/economy/inflation-kamala-harris-corporate-greed/index.html

 

[bobzilla]

First thing to remember with this campaign... truth and facts have no bearing whatsoever.

 

[Leadeye]

I wonder if they are going to check law firms, particularly ones around dc.

 

[rbhargan]

First thing to remember with this campaign... truth and facts have no bearing whatsoever.

For the Democrats, "truth" is whatever they claim it is. "Reality" is an outdated bourgeoise construct which only racist misogynistic White people embrace.

 

[JTKelly]

Would someone who enters the White House with pennies and leaves with 4 vacation mansions, million dollar book deals, and millions in bribe cash 4 years later with out paying any taxes on any of it, would that be "greed flation?"

 

[BigRed]

In today's America, those termed "Democrats" are communists....nothing more, nothing less. They can GTH.

 

[indyblue]

For the .gov, "truth" is whatever they claim it is.

 

[miguel]

Gavin Newsome doesn't appear to have a problem with greed.

 

[rbhargan]

Gavin Newsome doesn't appear to have a problem with greed.

The only thing Gavin Newsome and Gordon Gecko have in common is their hair product. And Gecko wore it better.

 

[rbhargan]

Gavin Newsome doesn't appear to have a problem with greed.

Actually, the only reason human society has progressed is because of... greed. "Greed" is nothing more than wanting to improve your station in life.

If you don't believe that, why do all the major players in the Democrat Party, who are all multi-millionaires, have no intention of giving up their mansions, yachts or private jets?

Suck it up serf, and don't question your betters. Your duty is to serve. <snicker>

 

[BigRed]

Excellent scene and resolution of the matter.

 

[OutdoorDad]

The democrats have been using this greedflation concept for years and especially since Covid. It is now an integral part of Harris' campaign. I am trying to find specific examples of greedflation (companies with year over year profits, margins, etc) but I am falling flat. All I can find are their year over year revenues. Have they provided any actual examples of companies they think are contributing to this?

Even CNN thinks this claim is dubious

https://www.cnn.com/2024/08/20/economy/inflation-kamala-harris-corporate-greed/index.html

What specific data are you looking for? Be very specific.

 

[nucular]

What specific data are you looking for? Be very specific.

Examples of specific companies that have raised prices not due to decreased margins or increased operating expenses. Just an actual example of what they are accusing companies of.

 

[BigRed]

Greedflation is anything the communist pieces of **** do it approve of. They can go straight to Hell from where they were spawned.

 

[OutdoorDad]

Examples of specific companies that have raised prices not due to decreased margins or increased operating expenses. Just an actual example of what they are accusing companies of.

‘Greedflation’ caused more than half of last year’s inflation surge, study finds, as corporate profits remain at all-time highs

Groundwork Collective crunched Commerce Department data to find shocking greedflation results. But there’s evidence of it in a lot more places.

fortune.com

not sure this link will work. Fortune isn't known for being a communist publication. But I'm sure some will feel it is too far to the left.

 

[nucular]

‘Greedflation’ caused more than half of last year’s inflation surge, study finds, as corporate profits remain at all-time highs

Groundwork Collective crunched Commerce Department data to find shocking greedflation results. But there’s evidence of it in a lot more places.

fortune.com

not sure this link will work. Fortune isn't known for being a communist publication. But I'm sure some will feel it is too far to the left.

Its paywalled so I can't see it. Does it name a company as an example?

 

[JTKelly]

When people are FREE and they have something to sell, THEY set the price. Not the government. The people are then FREE to buy it or not.

 

[Cameramonkey]

I have an example. McDonalds. Their highest margin item is soft drinks. It was a large margin at $1 any size. Now the smalls start I think at $2.39.

So unless they are using that to fill a loss somewhere else, that might count.

But I still think the price controls are un American.

And dont get me started on the $5 menu. They can afford to sell me this for $5:
DOUBLE cheeseburger
4 nuggets
small fry
LARGE coke

But if I just want to buy this its over $7:
SINGLE cheese
small fry
SMALL coke

 

[firecadet613]

I have an example. McDonalds. Their highest margin item is soft drinks. It was a large margin at $1 any size. Now the smalls start I think at $2.39.

So unless they are using that to fill a loss somewhere else, that might count.

But I still think the price controls are un American.

And dont get me started on the $5 menu. They can afford to sell me this for $5:
DOUBLE cheeseburger
4 nuggets
small fry
LARGE coke

But if I just want to buy this its over $7:
SINGLE cheese
small fry
SMALL coke

It's a loss leader. They try to lure you in with the $5 deal and get you to switch up to something more expensive (with a better food cost) than the $5 deal.

 

[OutdoorDad]

Its paywalled so I can't see it. Does it name a company as an example?

yes several wait one.