“[R]esounding evidence” shows that…corporate profits accounted for about 53% of inflation during last year’s second and third quarters. Profits drove just 11% of price growth in the 40 years prior to the pandemic.
— Half of recent US inflation due to high corporate profits, report finds, The Guardian
Dear Neighbor: An Open Response to Raj Bhakta
In response to a ‘Dear Neighbor’ letter from a local millionaire, I’m setting the record straight. As we approach our annual town meeting, he is using misinformation to pressure the town into action. My open letter challenges his claims and highlights the truth.