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applegrove

(123,585 posts) Wed Dec 18, 2024, 07:55 PM Wednesday

Please don't say inflation is at a 40-year high without also saying corporate profits are at a 70-year high. [View all]

https://bsky.app/profile/bladeofthes.bsky.social/post/3ldjooggl4c24

(*Note: this is from years ago when inflation was high, it is way down now)

Robert Reich

Memo to the Media:

Please don't say inflation is at a 40-year high without also saying corporate profits are at a 70-year high.

Give the people the full picture.

9 replies

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Highlight:

Please don't say inflation is at a 40-year high without also saying corporate profits are at a 70-year high. [View all] applegrove Wednesday OP

K&R Think. Again. Wednesday #1

Better yet, don't say inflation is at a 40-year high, because it isn't. subterranean Wednesday #2

Don't lie. Biden tamed inflation and the rate is way down. But prices only come down in deep recessions or depressions Bernardo de La Paz Wednesday #3

It was obviously a post from RR last year. I still think applegrove Wednesday #4

Sorry. I totally missed the Robert Reich byline. And I didn't mean anything personally. . . . nt Bernardo de La Paz Wednesday #6

I know you well enough to know that. applegrove Wednesday #8

A 70 year high! Jesus how fucked up is that? Biophilic Wednesday #5

To Reich's point, wealth & income disparity is a huge distortion on society right now. Bernardo de La Paz Wednesday #7

But how much efficiency is a good thing. It is a word CEOs applegrove Wednesday #9