Barrel of oil
Week ago: $128
Now: $99
Gallon of gas
Week ago: $4.17
Now: $4.32
Oil company profits are at 7-year highs, they get $180 billion a year in government subsidies and they're issuing $88 billion in buybacks/dividends this year.
Do the math.
Why is the price of oil LOWER today than it was in 2014 while the average price for a gallon of gas nationwide is 80 cents a gallon HIGHER than it was eight years ago? Answer: Corporate greed. Now is no time for profiteering. Now is the time for a windfall profits tax.
For the last month I've been clicking on every headline with the word "inflation" in it and scrolling through to see how many mention record corporate profits.
Just about none of them do.
Seems like a piece of information that would be relevant, but what do I know
Democratic Rep. Vicente Gonzalez has introduced H.R. 6708, the Student Loan Relief Bill, that would allow the Secretary of Education to forgive up to $25,000 in federal student loans for borrowers.
companies will be like "I simply can NOT find any workers" and then post an ad for an entry-level position requiring 5 years experience.
It used to be the norm that companies would train entry-level workers. Now they pass off that cost onto someone else and call workers lazy.