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vt90
Joined: 12/12/1998
Posts: 49,912
Likes: 36,278
vt90
Founder Lifetime

Different articles have very different statistics on that ...

as we learned from COVID, you can twist numbers any way you want to in order to support a position. But even if that is true, you are talking about the very largest companies who are publicly traded and have a responsibility to maximize profits. Do we want them to lose money? I don't. What is getting lost in all of this is the number of small and medium sized business having to close due to inflation. At some point, customers evaporate as prices rise and those companies are paying more for all of their goods and services. And many of them can't find employees so it is a double-edge sword. We are about to see a massive increase of companies laying off employees and that is when people may finally admit that we are in the recession we are already in.
Posted: 10/21/2022 at 11:55 AM ET
(In response to this post by HokieForever)

Thread Replies (32)

Full Thread →
What is everyone's thoughts on about half of inflation is corporate profits
HokieForever • 10/21/22 11:41 AM ET
Inflation
freemason • 10/22/22 05:08 AM ET
No one should make money but me...
chemhokie • 10/21/22 08:48 PM ET
It's there to also help the all time high tax collection the US has seen...**
Vtskier1 • 10/21/22 05:18 PM ET
Works corporate job, anxious for the biggest bonus of my career
Wo xin Hokie • 10/21/22 04:05 PM ET
Also corporate tax rates are as low as they've been in >50 yrs
KfgsHokie • 10/21/22 02:58 PM ET
For the government to waste? No thanks.**
hokie77th • 10/22/22 05:51 AM ET
Why?**
CrystalCoveHokie • 10/21/22 03:40 PM ET
Pretty sure they are on par with most western countries
EDGEMAN • 10/21/22 03:36 PM ET
Sorry..but that makes too much sense. The PIG must EAT!**
HOKIERIT • 10/21/22 08:19 PM ET
How about eliminating the myriad give away programs…..
CrystalCoveHokie • 10/21/22 03:44 PM ET
I wish we had the old system of giving "+".. I'd LOAD this post up!**
HOKIERIT • 10/21/22 08:20 PM ET
Why are we paying illegal aliens to live in the US?**
EDGEMAN • 10/21/22 04:05 PM ET
Simple..Today's illegal is tomorrows vote! **
HOKIERIT • 10/21/22 08:20 PM ET
I know you know the answer to that. And then the student loan forgivenes…
CrystalCoveHokie • 10/21/22 04:14 PM ET
Votes, votes, and more votes...Free Cookies are the best campaign strategy **
HOKIERIT • 10/21/22 08:22 PM ET
the important number should be margin. If margins are level, then it's
reestuart • 10/21/22 02:57 PM ET
It's definitely a factor, but
KfgsHokie • 10/21/22 02:46 PM ET
Profits. First discovered in 2021. Silliest thing I ever heard.
Lucky77 • 10/21/22 02:38 PM ET
Profits as a % or as gross #? Input costs are driving pricing. **
ColoVT82 • 10/21/22 02:26 PM ET
The numbers are meaningless ...
vt90 • 10/21/22 03:23 PM ET
Understand. We r on the front end of the pain.**
ColoVT82 • 10/21/22 04:11 PM ET
if you are in a low competition market you can charge whatever you want
UTPr0sim • 10/21/22 01:36 PM ET
You better believe that is a considerable amount of it. Check in on
Stork • 10/21/22 01:28 PM ET
Not really.
hokie77th • 10/22/22 05:57 AM ET
Here is the truth stated many years ago.
jdkhokie • 10/21/22 12:41 PM ET
Excellent**
hokie77th • 10/22/22 08:23 AM ET
Total B.S,**
Hoke • 10/21/22 12:37 PM ET
Yes prices are up and revenue could be up but cost inputs are way up so
fordham • 10/21/22 12:24 PM ET
And almost every producer has raised prices. Did the prices meet or
UTPr0sim • 10/21/22 01:38 PM ET
Source?**
Concord Dan • 10/21/22 12:00 PM ET
Even if true, so what?**
CrystalCoveHokie • 10/21/22 11:59 AM ET
Different articles have very different statistics on that ... ◄
vt90 • 10/21/22 11:55 AM ET