By Douglas French
In his recent State of the Union speech, President Biden called out private enterprise for what he calls “shrinkflation” and “greedflation.”
related posts
55 sats \ 11 replies \ @siggy47 30 Mar
I have otherwise reasonably intelligent friends who think big US corporations are raising prices to intentionally destroy Biden's reelection chances.
reply
98 sats \ 7 replies \ @Bell_curve 30 Mar
I love how big corporations are having secret meetings about this.
reply
10 sats \ 6 replies \ @Undisciplined OP 30 Mar
I hadn't heard this one yet. It's pretty hilarious to think these corporations want to oust Biden, who's been nothing but a corporate shill his entire career.
reply
30 sats \ 4 replies \ @justanumber 30 Mar
it's so cringe! how can anyone fall for this BS?
Damn right Americans are tired of being played for suckers!
And always the freakin "icecream" references! He's makes me sick
reply
20 sats \ 3 replies \ @Bell_curve 30 Mar
He never says which businesses are guilty
He doesn’t name names
For good reason
reply
10 sats \ 2 replies \ @Undisciplined OP 30 Mar
It's all those openly Trump supporting major corporations. Those exist, right?
reply
20 sats \ 1 reply \ @Bell_curve 30 Mar
Coal miners?
I heard that many Keystone Pipeline workers voted for Biden and were upset about losing their jobs after Biden campaigned on it
reply
10 sats \ 0 replies \ @Undisciplined OP 30 Mar
Not so major anymore.
I want to feel bad for people who get their livelihoods taken away by the state, but it is hard for me when they supported the person who was most likely to do it.
reply on another page
20 sats \ 0 replies \ @Bell_curve 30 Mar
And his biggest donors
reply
106 sats \ 1 reply \ @justanumber 30 Mar
I have my doubts about their "intelligence" when I point out matter-of-factly (and politely I might add) what the true cause of inflation is and then they block me from seeing their social media posts, so I can't speak truth and correct inaccuracies. True intelligence would be to have in the humility and open-mindedness to admit that what you have believed your whole life in incorrect.
reply
20 sats \ 0 replies \ @Undisciplined OP 30 Mar
It's a cult and cults have strong ideological defense mechanisms.
reply
96 sats \ 0 replies \ @Bell_curve 30 Mar
New York Times is a corporation.
Have they raised subscription fees to hurt Biden?
I am guessing your friends have never run a small business, managing payroll, dealing with wholesalers and vendors, customer service and complaints, business permits and fees, paying taxes quarterly, etc.
reply
30 sats \ 2 replies \ @jgbtc 30 Mar
Wait, is government saying central banks have no effects on inflation? What do they even do then?
reply
0 sats \ 1 reply \ @Undisciplined OP 30 Mar
Paul Krugman has claimed this when it's politically convenient. I'm not sure if he's done it recently, though.
It's more like they're trying to have it both ways: we need the FED to manage inflation, but when inflation is out of control it's greedy capitalists' fault.
reply
20 sats \ 0 replies \ @jgbtc 30 Mar
Exactly. First rule of government is always blame someone else.
reply
30 sats \ 0 replies \ @TomK 30 Mar
all it takes is a compliant left-wing scumbag press to sell the story of the greedy entrepreneur to the mob
reply