Part of the _profits are up_ is synthetic while the squeeze is real.
Tariffs are one of the culprits. The invalid taxes people paid are not going back to them but to the companies that sold the products and services.
Price of goods are not going down after tariffs were invalidated. Majority of companies are keeping the same price point. It is extremely rare for companies to lower it. [0]
Rich keep getting richer and everyone else keeps getting poorer.
Comments
Part of the _profits are up_ is synthetic while the squeeze is real.
Tariffs are one of the culprits. The invalid taxes people paid are not going back to them but to the companies that sold the products and services.
Price of goods are not going down after tariffs were invalidated. Majority of companies are keeping the same price point. It is extremely rare for companies to lower it. [0]
Rich keep getting richer and everyone else keeps getting poorer.
[0] https://www.tomshardware.com/pc-components/cooling/pc-coolin...