Perhaps marginally, depending on which poll you look at.IS Trump more popular than Biden?
Hardly surprising, since China is sabre rattling over Taiwan, building up its military and making threats against America (and other nations).Either Trump or Biden, they will treat China as enemy.
Results in so far seem to be defying the pre-election polling.Republican will beat Democrat in Senate and Congress.
Keeping those 2 out of any position of authority is good for the whole country.It's a good outcome for the Democrats in any event.
I'm going with mildly relieved.I am pleasantly surprised to find that a near-majority of Americans are not quite ready to be led into a dictatorship with eyes shut, just yet.
What are the real reasons?Promoting ideas like "greedy corporate profits are 50% of the reasons we have inflation" is just stupid.
The real reasons for inflation are the same reasons that apply all over the world. Companies are supposed to maximize profits and competition keeps that in check. Companies trying to maximize profits 5 years ago didn't cause inflation and that's not the reason now.What are the real reasons?
Or what is smart to say are the real reasons?
So not even 50% then?The whole premise is just stupid (uninformed and not logical).
you argument would be a lot better except for the fact that less than half of the price increases are coming from covering increased cost. what a surprise you are lying once again to defend the powerful harming the weak. unfortunately for you people aren't as stupid as you'd like them to be.The real reasons for inflation are the same reasons that apply all over the world. Companies are supposed to maximize profits and competition keeps that in check. Companies trying to maximize profits 5 years ago didn't cause inflation and that's not the reason now.
It's the aftermath of governments stimulating the economy during Covid while shutting down production which is pretty much the definition of inflation (too many dollars chasing too few goods). It's supply-chain disruptions caused by Covid and it's the war in Ukraine affecting gas supplies and transportation costs.
At this point all you can do is try to slow down the economy (Fed raising rates), hoping that supply chain disruptions get back to normal and the hope that gas prices come back down.
The disconnect is talking about corporate profits when the overall economy is bad. That's talking about apples and oranges. Grocery stores, banks and gas companies can pass on increased costs during inflation so they may do well. Other companies can't and they don't do well.
In other times gas companies and grocery stores may do poorly. No one talks about "corporate greed" then. That's because there is no connection between a particular business and the overall economy.
If everyone is dying, funeral companies will be posting "record profits". Does that mean they have anything to do with people dying? No. Of course not. Does that mean that their pricing is too high? No. What is "too high" for a company's pricing. They price what the market will bear.
Grocery stores have low profit margins. They make pennies on the dollar. The logic of these articles would suggest that grocery stores should reduce their profit so that a box of cereal isn't so expensive. Their profit is only a penny or two. If they sold it for no profit (which they can't do) it would still seem expensive due to inflation. They can't reduce the price by a dollar, they don't make a dollar profit on it.
The whole premise is just stupid (uninformed and not logical).
In a healthy free market this would be the case. It's why most governments make cartels and "price-fixing" illegal, and try to avoid monopolies developing. Ocassionally, though, you get a situation where supply just doesn't have a hope of matching demand, and all suppliers can make a vast profit for a while (or in the case of oil and gas, due to the barriers to entry for supplying, probably for quite a while, but that's not common) until others get in on the act of supplying, which brings the market back to near level between supply/demand. So, yeah, competition is a key means of keeping prices low and profits in check. At least in a healthy free market.Anyway, it's good to know that corporate profits are kept in check by competition.
Where are you getting that information from? Do you have a source?you argument would be a lot better except for the fact that less than half of the price increases are coming from covering increased cost.
Yeah, defending the powerful harming the weak, that's my thing...or could there be more...?you argument would be a lot better except for the fact that less than half of the price increases are coming from covering increased cost. what a surprise you are lying once again to defend the powerful harming the weak. unfortunately for you people aren't as stupid as you'd like them to be.
In a which what now? Never seen one a dem!In a healthy free market this would be the case.
It is literally true but unhelpful. (And it's actually closer to 90%.) Greed is what runs the economy. If someone can gouge consumers they will.Promoting ideas like "greedy corporate profits are 50% of the reasons we have inflation" is just stupid.
It is literally true but unhelpful. (And it's actually closer to 90%.) Greed is what runs the economy. If someone can gouge consumers they will.
An economy with flexible supply and demand curves - and laws against anti-competitive practices - can largely avoid this. Under those conditions, greed keeps prices down - providers want to undercut the competition to maximize their market share and hence profits. But for some commodities (gas for example) the demand curve is very inflexible, and thus during supply shortages suppliers can (and will) make as much money as they possibly can. That is the primary driver for inflation in those sectors.