Strike??? Thoughts, insights, predictions.

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DuraYuk

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No disagreement, I was referring to both parties contributions in the current & last administration compared to previous years.


Are you saying the profits are the result of inflation, not the cause now?
No I'm saying the lasting effects of inflation are lingering because corporate greed.

The underlying causes of high prices are not there. But the prices are still high. People are paying the high prices and profits are soaring.

If we were not allowing this price gouging to happen things would be a lot better.
 

Polo08816

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Inflation has slowed recently but its about to ramp back up with rising fuel costs.



1695259301093.png

So if the Fed is targeting anything over 0%, you can always expect that energy prices will increase regardless of political party. That's the definition of inflation.

Some headline today might read "Oil is about to be more than $100/barrel." A decade later, some other headline will say "Oil is about to be more than $125/barrel". It's really just noise because it's just inflation.

The Fed Reserve chart is comparing the cost of a barrel of WTI vs. CPI through 3 different administrations. As far as sustained decreases, it's interesting there was a huge drop in 2014 during the Obama administration.
 

DuraYuk

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@DuraYuk
Are you pointing to the profit numbers as in Gross or the profit margins as a percentage? Just curious if the margins are records or not.
Margins and gross.



 
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Blackcar

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Inflation has slowed recently but its about to ramp back up with rising fuel costs.


And look who profits from increased oil price.

 

DuraYuk

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Corporations control this country. They make policy and steal from you. But all we care about is who's on your team. It's pathetic.

I'm sure they are all laughing all the way to the bank.
 

Blackcar

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They (Corporations) are the money behind lobbying effort on our (or their) politicians.
 

NothEastTahoe

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Corporations control this country. They make policy and steal from you. But all we care about is who's on your team. It's pathetic.

I'm sure they are all laughing all the way to the bank.
Hate your neighbor and prove you are better on facebook! And do it by buying this shining new thing...
 

Banks22

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Anyway, back to strike talk. UAW says they need a serious offer by noon tomorrow(Friday) or they’re going to shut down more plants. Be interesting if they go after Arlington.
 
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