Corporate greed LOL....
that happened because of inflation.
"corporate greed" lol god the left is a bunch of bots
I mean you can believe whatever you want.
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I like to go with the classic Dead Kennedy's verse
You're a star-belly sneetch
You suck like a leech
You want everyone to act like you
Kiss ass while you bitch
So you can get rich
While your boss gets richer off you
Basically everything privately owned (food, clothing, technology, etc)... have collapsed in price due to free market dynamics.
What has exploded? healthcare, education, housing... basically everything the government heavily subsidizes
but the bot has his software... "corporate greed!!!!!"
the Democratic Party is so lucky to have these people
let's look at Walmart CEO... he has a salary of $1.3M (most of his comp is based on stock performance).
Walmart sells ~$600B in goods every year.
Zito's contention is that his salary is a meaningful indicator of costs of goods. Imagine how much cheaper everything would be if he took a zero salary!!!!
lol the Democratic Party is so very lucky to have these people!
Capitalism (in this country at least) has evolved into industries that are more concentrated (a few big players) and less competitive. Relative to Europe (where anti-trust laws have been more effectively enforced) prices for a variety of products have increased (and supply shifted down) as a result of this shift toward more concentrated industries where firms have a certain amount of monopoly power.
This is documented exhaustively by Thomas Philippon in his book "The Great Reversal: How America Gave Up on Free Markets."
I show a graph where CEO pay and S&P growth have been astronomical, while worker pay can't keep up with inflation and you bring up Walmart lowering prices?
By gawd your reading comprehension sucks.
I ask again what on earth does CEO pay have to do with rising costs?
I read through the first couple pages of this thread and it made me nostalgic. 5+ years later and the folks marching can’t even define what’s a woman.