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Darrell Smith's avatar

General Mills (Cheerios maker) has made record profits, allowing stock buybacks and raises for executives. They increased the price of a box of Cheerios by 20% claiming "inflation". This corporate greed is over most people's heads. Everything has been tainted by corporate greed. This keeps prices high.

What has caused big business to get so greedy all of a sudden? It started with Reagan, so it wasn't a sudden change. As big companies swallowed up smaller ones and the Republicans cut taxes and regulation, the drive for profit over people steadily increased. The COVID pandemic shook up things, decreasing production while keeping demand high. They have not backed off of this stance.

It is going to take taxation so big business pays their fair share and regulation on stock buybacks and building monopolies.

Everything we buy is governed by these things. Gasoline, medicine, food, vehicles, insurance, everything.

Barb H's avatar

Trump is the most depressing, delusional, cruel and disgusting man on the planet and we’ve got a Republican governor nominee who’s his twin running in NC-it’s unbelievable to me that this is where we are in this country!

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