https://www.politicususa.com/2022/10/22/factcheckers-agree-with-katie-porter-and-her-whiteboard-that-corporate-profits-drive-inflation-price-increases.html
So 1st thing I’ll say is, if the service or product is not essential in our contemporary world to live – at all, or healthily – then the seller can “probably” sell at what ever price she or he or they wish.
And while true that any price guidelines / control can be a slippery slope, we also already know price gouging has easily done slipped-slid-and-sunk into its own quicksand of problems ( price gouging after hurricanes etc; denying affordable insulin at affordable prices to the point of letting people die; needless wars, though yes, sadly, some are ).
Bottomline here is – as some of my recent posts show, before I even knew of Katie Porter’s recent chart about inflation causes, during a House of Representatives hearing – inflation is not primarily driven by workers’ wages, but – most recently, and predominantly – by a 70 year high spike in corporate pricing.
And one can’t really dismiss the effect Climate Change & the need for Clean Energy are having on food supply, clean water availability and the very air we need to breathe to live.
But one can’t have a 70 year record rate of corporate profit on top of all that headwind and not contribute to inflation.
Katie Porter bravely brought the data, and to their credit, numerous media outlets ran with it – here’s a sampling :
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But there’s 47% other reasons for current inflation, including an imbalanced tax system, mostly skewed against those of us ( we’re all in this together ) with the least ,if any, discretionary income, passive or otherwise.
And then there’s simple supply and demand —
And there’ll always be a demand for healthy food, clean water, and energy to stay cool or warm.
And, with shortages due to climate change and pollution of our planet increasing with no trustworthy end in sight, #CleanEnergy is our most direct path to producing and correcting both those necessities.
It’s good to have folks like Katie Porter, and of course Bernie Sanders to remind us 😊
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Stay well everyone! Stay hopeful!! ❤️ 🙏
Adan
My climate related posts – https://felipeadanlerma.com/?s=Climate
My inflation related posts – https://felipeadanlerma.com/category/inflation/
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I support passage of The Voting Rights Act 🙏❤️😊
Adan
Voting, in our democracy, is the purest form of expression.
Dissenting, affirming, protesting –
– all flow through the form of the ballot, not, the bullet…
Stay well everyone – for oneself, and for those who need us most..the children….
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See & Buy My Art 👩🎨 🎨 ❤️
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My Related Posts Here On My Blog
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My Latest Posts On My Website!
- 1st Cabin Light Finished Painting 2026Saturations of sky and earth roll and rest spin like a first slow dance in junior high – middle school the grandkids laugh and tell me they think I make all this up just to be funny 😊
- 1st Cabin Light Study 2 2025Yes. The new day has begun….
- 1st Cabin Light Study 1 2025I wasn’t sure when to stop but my own waves of self, conscious of the need to rest joined the earth before me, an image shaped by pigments from itself.
- I was born at the Dawning of the Age of Aquarius and I’m Very Angry, but….I now see a wonderful opportunity and challenge in creating series of captured memories from my photos, and exploring/mining them for what I both remember, feel, and discover new ❤️
- Learning via 3 Painting Stages on 3 Canvases via My Photo, 1st Cabin Light 2017“After I post the final images of this 1st new painting experiment of mine, links and all, I can post about this new 2nd unexpected-to-me fun series of takes of another of my Vermont photos : Island Line Trail Sunset via Colchester Vertical 2018”
- Follow-up blog post after my 1st blog post since August 2025 earlier this week – Definitely like starting new!“The relinquishing of one’s art, my art, to myself, is sometimes more scary than gearing my productivity to outside expectations”
- My 1st blog post since August this year (2025) – Like starting new!“My plan, my hope, is to keep this, my original layin, produce a new 2nd similar layin but add a content color layin; keep it; then repeat the steps with the two formative layers and see what finished product I might produce – 3 works total”
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Thanks again, everyone! 😊
Adan
Twitter / Instagram / FB @FelipeAdanLerma
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Fine Art America (FAA, Pixels) – https://felipeadan-lerma.pixels.com/
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