Comment on What is an average person living in the US supposed to do about corporations raising prices?
Ranvier@sopuli.xyz 5 months agoYou’re not wrong that it’s the profit margin that tells the story, and you can’t tell just from the nominal amount alone.
But average profit margins in the United States have reached a record high percentile not seen since the 1950’s. So it’s not just the dollar amount that’s gone up for corporations, it’s the margin percent that’s gone up too.