Corporate profits are the problem (for inflation) and oil companies are the worst

Exxon Mobile is currently on track for a record annual profit of $54.8bn this year, according to IBES Refinitiv, which would be more than its cumulative earnings since 2018.

Exxon isn't the only company with record profits while we struggle. So yeah, tell me now how it's all President Biden's fault gas prices are so high, how he has been so bad for oil companies. Oh, and while you are at it, check out the record profits of food companies and conglomerates.

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SW-User

So… Exxon, major food companies, and Pfizer are all in cahoots?
Well that’s a thinker

Ontheroad · M

@SW-User not necessarily in cahoots, just individually ripping off the consumer, but combined, they and other major manufacturers are running us through the ringers, so to speak. Pure and simple, it's corporate greed.