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Republicans are spending every waking hour misrepresenting US economic success, in order to convince the uneducated, Biden is failing. Let’s look at the facts shall we? The US is outperforming ALL other G7 economies, and were it not for profit padding by the same corporations that were bailed out...

259,535 Aufrufe • vor 3 Jahren •via X (Twitter)

8 Kommentare

Profilbild von ScubaSuzyQ 💙🇺🇸🌎🌊🌊BeKind #BeGentle #Love💙
ScubaSuzyQ 💙🇺🇸🌎🌊🌊BeKind #BeGentle #Love💙vor 3 Jahren

Gaslighting is their tool...that's all they do. Fear-mongering and lies. The GOP are criminals.

Profilbild von Cary 🇺🇦
Cary 🇺🇦vor 3 Jahren

If only more in Congress had the skills & tenacity of @RepKatiePorter we'd be in better shape. Schools should teach a class in "How to Katie Porter" 🤣 #DemsAct #Vote

Profilbild von A. Ottley
A. Ottleyvor 3 Jahren

☝️This is happening in Canada as well. Corporations are profit padding their numbers. This is akin to racketeering. We are punished by raising interest rates because corporations pad their numbers. Spending is more because goods cost much more.

Profilbild von 🗽BlondeinBrooklyn🗽
🗽BlondeinBrooklyn🗽vor 3 Jahren

Yup-even the Fed acknowledges this.

Profilbild von somervilleny.bsky.social
somervilleny.bsky.socialvor 3 Jahren

@Joey301Thomas Porter: "So over HALF of the increased prices people are paying are coming from increases in corporate profits."

Profilbild von Carmen Johnson
Carmen Johnsonvor 3 Jahren

trump party has nothing but LIES because they want to protect the criminal.

Profilbild von Lisa Laitala-Washburne 🇺🇦
Lisa Laitala-Washburne 🇺🇦vor 3 Jahren

absolutely LOVE this woman! @RepKatiePorter 💙

Profilbild von 𝔗𝔯𝔲𝔱𝔥 𝔐𝔞𝔱𝔱𝔢𝔯𝔰
𝔗𝔯𝔲𝔱𝔥 𝔐𝔞𝔱𝔱𝔢𝔯𝔰vor 3 Jahren

The key is in the word ‘Forecast’. Based on actual numbers, the United States has performed better than other G7 economies (and the Euro area) with real GDP just 1.4 percent below trend.

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#DemsAct #DemVoice1 #wtpBLUE #ONEV1 #FAM46 For anyone puzzled by persistent inflation numbers. PLEASE WAKE UP. THIS IS REALLY IMPORTANT It is NOT as Republicans would have you believe, fiscal mismanagement. It’s their rich donors stealing money from you with impunity. This is something Biden has little to no control of. Unless he takes some important and in my view, very necessary action. There is now irrefutable evidence which shows that high corporate profits are a main driver of ongoing inflation. Companies continue to keep prices high even as their inflationary costs drop. Prices for consumers rose by 3.4% over the past year, but input costs for producers increased by just 1%. When business costs rise the cost is passed on in the blink of an eye. When their costs drop they do NOTHING. Corporations are enjoying windfall profits worth $billions as a direct result of their costs dropping while consumer costs remain static and in some cases increase. The imperative action needed is a significant windfall tax based on the difference between input costs plus a normal margin and current consumer costs. Businesses see every global shock like the pandemic or Russia invading Ukraine, as an opportunity to exploit consumers to increase their margins. As a direct result, the Fed increases interest rates and consumer prices remain high. It’s a lose lose for American families, as yet more money is stole from the bottom and the middle to feed the greed of the rich. This is not a conspiracy theory it is a simple fact. Action needs to be taken, otherwise NOTHING WILL CHANGE as everyday Americans pay for the private jets and yachts of the rich.

𝔗𝔯𝔲𝔱𝔥 𝔐𝔞𝔱𝔱𝔢𝔯𝔰

17,814 Aufrufe • vor 2 Jahren