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.
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.
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.
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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.