Re: Biden economy prices Pacific NorthWest May 15, 2024

[Colour Sergeant Bourne <bourne@xxxxxxxx>]

On 5/17/24 8:59 PM, Ed P wrote:
> On 5/17/2024 4:58 PM, Colour Sergeant Bourne wrote:
>> On 5/17/24 1:17 PM, Ed P wrote:
>>> On 5/17/2024 10:20 AM, Frank wrote:
>>>> On 5/17/2024 6:02 AM, Joe Money wrote:
>>>>> In <v25l49$1n8vv$1@xxxxxxxxxxxxx> clueless wrote:
>>>>>>
>>>>>> On 5/16/2024 1:26 AM, Bank of America wrote:
>>>>>>> Loaf of Wonder Bread - $4.59
>>>>>>> Worcestershire sauce small - $5.79
>>>>>>> Passed on Pringles - $3.05
>>>>>>> Lay's Stax Sour Cream - $2.49
>>>>>>> Pint of half and half - $2.40
>>>>>>> Half gallon store brand milk - $3.18
>>>>>>> Cheez-It Grooves, 6oz - $4.29
>>>>>>> 12 pod store brand coffee - $4.68
>>>>>>> Lemon cake - $4.66
>>>>>>> 16oz Bush's Best, Baked Beans, Original - $2.49
>>>>>>> Bananas - $.79 lb x 2.5 - $1.98
>>>>>>> 8 pack Gatorade - $8.24
>>>>>>> Dozen regular eggs - $3.82
>>>>>>> Applewood smoked bacon, 24 oz - $13.99
>>>>>>> Pound of Boar's Head beef bologna - $12.10
>>>>>>> 4 Boneless pork chops, 1/2" - $9.15
>>>>>>> 2 Sirloins - $17.28
>>>>>>> 3.5 lb family pack of drumsticks - $6.68
>>>>>>> Tillamook Udderly Chocolate Ice Cream - $5.59
>>>>>>> 22.4 gallons of Chevron regular @ $4.34 - $97
>>>>>>> Gas Buddy website lies.
>>>>>>
>>>>>> I wonder why the grocery stores and manufacturers have seen their
>>>>>> profits go up sometimes twice as much as their prices.
>>>>>>
>>>>>> How did Biden do that?
>>>>>
>>>>> He put his open palm out first and looked the other direction as
>>>>> soon as he
>>>>> felt something in it.
>>>>>
>>>>> As usual.
>>>>
>>>> Corporate greed did not occur until Biden became president.
>>>> Apparently they think it is something new.
>>>
>>> Corporate greed has been growing well for a couple of decades now.
>>>
>>> The average CEO-to-worker pay ratio was 272-to-1 for S&P 500 Index
>>> companies in 2022; overall, U.S. workersâ?? real hourly wages fell in
>>> 2022 for the second year in a row by -1.6% after adjusting for
>>> inflation.
>>>
>>> https://aflcio.org/executive-paywatch-0
>>
>> Never could get my mind around the concept fo "corporate greed."
>>
>> You start a company, the idea is to make money, if you do well and
>> make a lot, all of a sudden you;re "greedy?"
>>
>> Got any stocks or mutual funds in your IRA of 401k? Do you hope they
>> do well and increase the balance in your account-- or do you hope
>> they're not "greedy?"
>>
>> Corporate greed is a foolish naive liberal mantra ;-)
>>
>
> Sure, they should make a profit, they cannot exist without it.  Look at
> the proportions though.  Many of the earners of multi-million dollar
> wages did not start the business but take a lot from it, while the
> peasants working for them often get paid meager wages.  What is a fair
> ratio?  You can be the genius that started a big company, but you need
> the grunts doing the daily chores.  Pay them fairly.
>
> do you pay taxes?  Good, thanks for contributing to society.  Many big
> corporation pay none.
>
> What is the CEO pay ratio in the US?
> CEO versus worker pay U.S. 2022 | Statista
> In 2022, it was estimated that the CEO-to-worker compensation ratio was
> 344.3 in the United States. This indicates that, on average, CEOs
> received more than 344 times the annual average salary of production and
> nonsupervisory workers in the key industry of their firm

So what...

--
If you donâ??t want minimum wage, donâ??t have minimum skills