Americans are painfully aware that inflation has soared to 7.5%, the highest rate since 1982. This is clearly a result of excessive overspending, and more spending and tax hikes will only make things worse.
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The blame game of its Democrats or Republicans is worn out. Inflation comes from the Federal Reserve creating Trillions of new dollars. 16 Trillion new dollars in the last 22 months. That’s $50,000 per American. If everyone had got the $50k then inflation wouldn’t be a problem.
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Stop it… it’s corporate greed.
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I have steam coming out of my ears over this one.
Constellation's (Modelo, Corona) Q4 earnings call:
CFO "We want to make sure that we're not leaving any pricing on the table. We want to take as much as we can...we'll take as much pricing as we think the consumer can absorb."
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That mean we can raise the taxes on the rich to get that tax cut back? Your little graph is missing corporate profits btw.
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This is a pretty good point about republicans pretending to care about inflation
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