But...but...democrats 
b b but inflation!...U.S. corporate profits jump 25% in 2021 to record high
- Thread starter OfTheCross
- Start date
Dreamchaser
All Star
Y'all using the wrong metric, you need to see what the profit margin is now and before the pandemic.
Lol finally someone said it
Profit margins are up ~3/4% since 2019.
https://www.yardeni.com/pub/sp500margin.pdf
I’m sure there are elements of “price gouging” in there but I’d love for it to be explained to me how net margin did not increase in tandem with profits if it was purely price increases with no increases in input costs.
Also the article is really silly because they are calculating from 2020 in nominal $ terms (really up ~18% from 2019).
In a year with pent up demand for services & goods mixed with record high discretionary income, on top of a lot of smaller business shutting down.
There are so many data points and places to look at where we really can start to get a wrap around wealth inequity (at least in the realm of the market) like dovish monetary policy, stock buybacks, taxation, and equity packages but we just going off headlines.
Dreamchaser
All Star
This graph gives a clear picture that companies aren't really price gouging, I think what we are seeing is that companies are spending more for materials that is pushing prices up. You have to also consider that globalization has been affected due to the pandemic. As long as we have demand prices will be high.2019:
2021/22:
Yeah..these increases are largely bullshyt.
People need to calm down. Stop expecting prices to go up "just because". And call out the bullshyt.
Additionally, there's a lack of competition in many markets.
I asked someone to listen to the Earnings Calls, and someone actually did
People need to calm down. Stop expecting prices to go up "just because". And call out the bullshyt.
Additionally, there's a lack of competition in many markets.
I asked someone to listen to the Earnings Calls, and someone actually did
Earnings down but record PROFITS??
SBUX had a 35%+ year...company I work for sent them the price increase letter on Jan 1 (12%) they pulled all their business for 6 weeks and put us in hell, just to try and mitigate the cost increase (they didnt)didn't.
These corps are the worst of the worst
SBUX had a 35%+ year...company I work for sent them the price increase letter on Jan 1 (12%) they pulled all their business for 6 weeks and put us in hell, just to try and mitigate the cost increase (they didnt)didn't.
These corps are the worst of the worst
Damn that’s some foul shyt. Good video
ogc163
Superstar
ogc163
Superstar
This is the best the corporate greed equals inflation crowd has to offer
He's in the video I posted...lol showing the same tweet
ogc163
Superstar
bootlickers are out in full force now
corporations pass labor costs onto consumers "Look where paying workers has gotten us! We need to decrease labor costs immediately."
corporations pass costs of massive profit margins onto consumers "How dare all of you blame corporations for what is their right! True Americans work to reduce corporate costs, not corporate profit margins!"
Some folk seriously get more upset at a worker making $15/hour than at a corporation taking $15 billion off the top.
corporations pass labor costs onto consumers "Look where paying workers has gotten us! We need to decrease labor costs immediately."
corporations pass costs of massive profit margins onto consumers "How dare all of you blame corporations for what is their right! True Americans work to reduce corporate costs, not corporate profit margins!"
Some folk seriously get more upset at a worker making $15/hour than at a corporation taking $15 billion off the top.
ogc163
Superstar
