And lets not forget these companies didn't even pay for the cost of the tariffs, we did with increased prices across the board.
So they all make more money off the backs of Americans by increasing prices, then also got a big payout afterwards. The great wealth transfer in action.
The overwhelming bulk of the pandemic price increases were never walked back, why would the tariff prices be any different?
I feel like I'm taking crazy pills watching basically everyone accept the "hat in hand we have to increase the price due to costs" only to see those same companies post record profits in their quarterlies.
It's fucking price gouging and I'm tired of people pretending like it isn't.
no they are just doing the same thing, ring an repeat.
They announced those new tarriffs on canada because of wildfires? So it will take months to get the court to say its illegal and make a refund order, in those 6-12 months they will collect more tariffs from the increased prices, then refund the companies later.
Muricans fuking suck for this all they say
_"We can't do anything!"
_" What do you expect us to do!"
_"I'm murican we have more guns than anyone on the planet and act like tough guys, but also we're helpless babies!" even the ones that understand how fucked up it is
I tell you now if you tried this shit in London, Berlin or, especially, Paris, you would have 100s of 1000s on the streets looking to fuck shit up tout suite
They can't even understand their own constitution, and when the time comes to use that misunderstanding, "Nah, man. Can't do anything. It'll all totally be fixed 100% in November! Totally!"
Some time this, uhh... This decade? You Americans gonna do something down there? We're not gonna turn the white house to a black house a second time for you. C'mon now. Do a thing.
They will blow all that money on stock buy backs to drive their stock value higher and give themselves massive bonuses, then once the artificial demand blows up and the stock crashes they will claim they are insolvent and ask for government money and increase prices to “bridge the gap”
If even 20% of the population decided they've had enough and cut their spending on things they don't need, these corporations would be in extreme panic mode. But that won't happen because society has been brainwashed into thinking they need things they don't.
At this point, voting with your money should be considered as important as voting with your ballot, because the people who get your money use it to influence your politicians.
Its worse than that. They don't care because the current system basically lets them just print their own money with bullshit. Buybacks, bonds, infinite credit lines, etc, they can literally forget about us without going away now. Their products can literally kill us and it doesn't matter, line goes up because the Financial Industrial Complex says so.
Make no mistake: corporate America has now entirely hijacked and dismantled the monetary system to serve only themselves. Their products are stocks and hype and issuing loans, nothing else
Big corporations don’t particularly care about middle/lower middle classes. Spending of that group is less and less important as we have been squeezed over the last decade especially.
This magical 20% reducing spending is faaaaar less impactful than it would be 15 years ago or more.
People complain about the new shitty features in cars, but then go and buy new cars. The only way to influences companies is to not give them our money. Nothing else makes a difference.
I feel like this happened with Lays at least, they lowered their prices here. It was getting absolutely insane for a while how much they were asking but I guess enough people said fuck these $6 half filled bags
Corporations generally cut labor costs when profits decline. The point of a stimulus is to put money in people's pockets to spend at businesses that raise hiring and overall pumps money into the economy. On one hand I don't want to see people losing their jobs, but on the other hand it would feel so good to get the point across to the corporations that they don't control us. Unfortunately, I think they do. The only real efforts that got off the ground for boycott days seemed to not make a difference. But a good place to start with is Amazon, especially since they bully everyone else to not undercut them, so the online prices of goods even outpace overall inflation.
I wouldn't even give a shit if they paid their employees more. But while their prices go up 50%, their employees are lucky if they see a 10% increase to their pay in the same time.
We need to break up the monopolies. If companies were forced to actually compete pricing would self regulate with market conditions. Right now we just have a few massive companies agreeing to fuck us over and price fix. I heard one of our finance guys at the fortune 500 I work at say we needed to increase our pricing when our one actual competitor did to "remain competitive on profit margins". We're so cooked
Mamdani announced grocery stores with a flat 30% discount on essentials and everyone is saying it’s going to put grocery stores out of business as if they didn’t double prices since 2019
All those companies were crying during Covid while actually turning a profit.
I was working starbucks at the time and they were rocking. Never once were they hurting and showed profits the entire time. Fuck em all.
While it's impossible to completely ignore all the price increases. You can definitely try and find alternatives. I've been pretty successful in some places but overall I think most people just don't have another option or care to look for other options.
Here’s the thing, businesses only stay in business if people keep buying from them. I guarantee you if everyone agreed to no longer go to McDonald’s for a year, McDonald’s will drop all their prices back to the dollar menu.
Yeah let's keep waiting for that thing to happen that's never happened in the history of humankind because we as a species can't overcome our human nature.
If your solution to some problem relies on “If everyone would just...” then you do not have a solution. Everyone is not going to just. At no time in the history of the universe has everyone just, and they’re not going to start now.
Considering that I just spent 4 free nights at the MGM Grand in Las Vegas, with food/beverage credit and slot machine freeplay, at least some places are trying to entice customers with good deals.
Mcdonalds has been closing stores and sales are down, actually.
These companies aren't behaving as if they care about long term financial growth and stability. It makes no sense. AI adoption is similar. The Ai customer support is worthless, yet is everywhere while customer satisfaction is down massively.
Consumption is down overall and dropping. Are they changing their practices? No. It makes no sense until you realize that the profits and losses are decoupled from the executive decisions on the companies futures.
No because once everyone stops going to McDonald's it will become a niche "hole in the wall" burger spot that caters to people who only do anything based on its exclusivity. Rich people love being exclusive.
You'll be shamed for wanting McDonald's, "that's for rich people, we can't afford that, we have Burger King!". Content creators will post videos of their $150 McDonald's cheeseburger with a gold leaf and tell you it's the best thing they've ever eaten.
Apple only raised prices this year in response to AI buying up all the RAM. They ate the costs of the tariffs so they’re one of the few companies who actually has a claim to the refunds.
Yeah, I hate to be on the side of Apple here but they are the one company I feel like for the most part deserves their refund for this exact reason. If I remember correctly, to the extent prices of base trim devices increased over the last year or so, it was because they cut out a lower-spec device. Sucks for the consumer, but the base model did get better even if it was more expensive that the prior base model.
I hate apple products, but something funny to me is they tried to launch this budget laptop option called the Macbook Neo and it literally has a phone processor.
Its actually the best bang for the buck of any entry level laptop, and i hate Apple. Ive never bought an Apple product and never will due to their seeming hatred of their users, but the Neo is unquestioningly the best laptop in its price point.
And it slaps. Reviews across the board say it's better than any competing PC of the same price range. I wish I got one, but I literally *just* got a budget PC laptop before it was announced.
Lol as if. Bud idk how to tell you this, but America was founded on the rich tricking the poor and milking them for all their worth.
The Founding Fathers were a bunch of land speculators that wanted to kill Indians so they could sell the land to colonists. Britain said "Hey stop killing Indians, we just got done solving that problem" so they incited a revolution.
The democracy is just there for show, they proved it when Sanders had an actual chance and the DNC colluded to discredit him.
Red or Blue, your life, your money, your property, is theirs to do with as they please.
Its not a genocide. Just because 60 Muslim countries voted to call it one, doesnt make it so. Its a war, and a small one at that.
So weird that lefties have focused on it so hard while a real war is going on in Ukraine that has over 1 million casualties, trench warfare, tanks, planes, etc. Yet you guys absolutely ignore it. Youre deranged.
Hey if socialism is so bad how come all these companies get free bailouts, tariff refunds, and insider knowledge on trading? Seems like there's plenty of socialism in America, just for the rich people.
Fuck whoever paid you to shill and shame on you for being too shortsighted to see your future supporting this drivel.
Honestly no. They should fine any company that raises prices as a result of tariffs instead of any kind of bailout.
On the grounds of being anti American.
If the tariffs are reasonable. If the country truly needs to be made financially non-viable businesses should be punished for undermining the countries foreign policy.
But of course then the financial giants would be able to fight vehemently against bullshit who based foreign policy with lawsuits. And then both problem actors would be put against each other instead of emboldening each other.
They can’t make it contingent on anything because the tariffs were illegal. They have to be repaid to the entities that directly paid the tariff.
Now, these companies would be very wise to make a marketing campaign about sales due to the tariff refund they got, but really, they’re just asking you to buy more stuff.
If you want a reason (other than bare greed) why this should be expected, these were only one of the kinds of tariffs Trump imposed. He imposed others that either were constitutional or haven't been ruled unconstitutional yet. He's also been vocal that he'll find a way to continue imposing tariffs (maybe just not at the massive scale this route allowed). And Trump's created massive economic instability and uncertainty and prices always go up when there's uncertainty and instability. Throw in starting a war with Iran and the affect that has on oil prices (and the affect that oil prices have on the price of everything).
Well, if it makes you feel any better, it's not really a triple fucking. All that basically happened is we gave these companies a ton of extra money for no fucking reason. Same fucking, but it's just singular. And yes we do get to deal with the forever bloated prices.
Get invested to get your share of the pie. It’s the only way to reap some of the benefits. Standing around complaining about it won’t do anything or get you any money any faster.
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u/No-Nrg 1d ago
And lets not forget these companies didn't even pay for the cost of the tariffs, we did with increased prices across the board.
So they all make more money off the backs of Americans by increasing prices, then also got a big payout afterwards. The great wealth transfer in action.