Unilever’s recent decision to spin off its ice cream business and cut 7,500 jobs in the pursuit of cost savings has left many of us feeling a sense of disappointment and frustration. As a consumer who has witnessed the decline in the quality of beloved brands like Breyer’s and Ben & Jerry’s, this news hits close to home. The removal of essential ingredients like tara gum has had a noticeable impact on the texture and taste of these once iconic ice cream flavors. It’s disheartening to see profit take precedence over product quality, leading to a decline in the overall consumer experience.… Continue reading
It’s truly mind-boggling to see the CEO of Norfolk Southern receive a 37% raise following a catastrophic derailment that caused significant harm to a local community. This blatant display of rewarding failure is a testament to the brokenness of our current system. While hard-working individuals struggle to make ends meet and receive meager raises that barely keep up with inflation, CEOs like this receive exorbitant compensation for their inability to perform their duties effectively.
The fact that Shaw’s total compensation increased to $13.4 million in 2023, up from $9.8 million in 2022, is not only unjust but also reflects a disturbing trend in corporate America.… Continue reading
Corporate greed is a term that is increasingly being recognized as a major cause of inflation, and it’s about time. The fact that 53% of the inflation was due to COVID-19 price-gouging is not surprising, considering the record-breaking profits that corporations have been boasting about. The stock market reaching all-time highs, while every good and service has increased in price, is a clear indicator that something is amiss.
As someone who works for a telecommunications company, I can firsthand witness the economic adjustment charges that are being added to customers’ bills, despite the fact that these have nothing to do with inflation.… Continue reading
Amazon, SpaceX, and Trader Joe’s are now joining forces to argue that the national labor board is unconstitutional. This move is not only concerning but also sheds light on the rampant corporate greed that permeates our society. As someone who has worked for Trader Joe’s for over a decade, I have seen the decline in the treatment of employees firsthand. What used to be a company that cared for its workers has now become just another corporation prioritizing profits over people.
The recent allegations against Amazon for unlawfully retaliating against workers who tried to unionize in New York City are just the tip of the iceberg.… Continue reading
I recently came across an article about a guy who managed to snag a free hotel stay in New York City for five years, all thanks to a clever loophole. Initially, I was impressed by his resourcefulness and ability to game the system. I mean, who wouldn’t want a free room in the heart of NYC, with a view of iconic landmarks like the Empire State Building and Madison Square Garden? It sounds like a dream come true.
But then, things took a bizarre turn. Instead of being content with his free accommodation, this guy decided to push his luck and claim ownership of the entire building.… Continue reading
Biden Calls on Snack Companies to Stop Shrinkflation Ahead of Super Bowl
The issue of shrinkflation has been a point of concern for many consumers, and President Biden’s recent call on snack companies to address this problem is a step in the right direction. As a consumer myself, I have noticed the significant increase in prices for everyday snack items like chips and candies, while the quantity inside the packages has decreased significantly.
It is frustrating to see the price of a bag of Doritos, for example, double in just a few years. Back in 2005, a big bag of Lays BBQ and a Sour Cream & Onion one could be purchased together for just $3.… Continue reading
Biden Takes Aim at Grocery Chains Over Food Prices
Food prices have been skyrocketing in recent years, causing significant financial strain on American families. And now, President Biden is turning his attention towards grocery chains, aiming to address this pressing issue. The rising prices have hit low-income families the hardest, especially those who don’t qualify for government assistance programs like SNAP. These families are paying an astonishing 25% more for groceries, which is simply unsustainable.
A new analysis from the White House Council of Economic Advisers suggests that large grocery retailers have been increasing their profit margins, contributing to the persistently high prices.… Continue reading
Half of recent US inflation is due to high corporate profits, according to a recent report. This finding reinforces what many of us have suspected for a long time—that unchecked corporate power and greed are major contributors to rising prices and the financial burden placed on everyday Americans. It’s time we address this issue head-on and demand that our government take action to reign in price gouging and protect consumers.
In our current economic landscape, where competition is often non-existent and collusion among corporations is a common practice, it’s no wonder that prices continue to soar. The government has failed to regulate industries effectively, allowing corporations to dictate prices without any consideration for the well-being of the people they serve.… Continue reading
John Q. Hosedrinker 
Matt Underwood 