I spent the week trying to find some prescription medicine for an eye problem. None in the state, and everything is on back order. The second medication was the same way. Fortunately, my eye is improving on its on. Sigh. I pity people will more serious medical problems. Oopsie, does not help with cancer drugs, etc.
It is interesting that we have the highest inflation that we have had in 40 years, and big oil announced that they have had the highest profits that they have had in 40 years.
The biggest driver of inflation is the printing of currency. That fact was demonstrated by the Confederacy. It funded the war mainly by printing money. Inflation was rampant.
Crisis, central bank bails out large corporations with QE, economic governing power centralized by executive orders, inflation, hardship for citizens, now QT, yet more inflation, blatant crime, more poverty, food shortages, unrest, the very rich amass more resources, lower and middle class declining quality of life, destitute poverty class (homeless camps), an empire in decline.
I know it is not exactly the same but look how quickly Sri Lanka went from prosperity to collapse……by an executive ordered economy.
It’s a good thing that the president (and his decisions/policies) didn’t have anything to do with the shortages and he prices. It’s too bad that the president can’t do anything.
If you seriously believe corporations are “gouging,” simply deregulate completely, including capital formation, and allow the market to cure the problem. No monopoly can exist longer than a generation without the care and feeding by the government. Big corporations like regulation, as it eliminates their smaller competition. Even the lingering (and real) “supply chain” problems are entirely attributable to government constraints on the market.
But…but…but… Dopey Joe tells us via his handlers coughObamacough on his teleprompter that there is no such things as supply chain issues and labor shortages and it’s all because of Climate Change and Donald Trump and millions of drooling idiot proles believe it. BTW, will the FBI agent who “confiscated” four pair of Melina’s panties during the raid please return them when Hunter is finished with them? OK. Don’t. Ew.
Dang, Stephan had to dig deep for those Garfield panels. Those are from 2000, before this strip was even born. https://www.gocomics.com/garfield/2000/07/27
I always bought Black oil bird seed to feed the birds…it was about 18.00 per 50 lbs! When the pandemic hit, it went up to $25.00 per bag…NOW its $33.00 per bag!
The other day, I replenished my supply of a high-fluoride prescription toothpaste I need. The dentist sells it for $1 over his cost. It jumped from $14/tube to $20! There is no excuse for a 43% price increase.
This old boy adds dried cranberries to his cereal. The most recent cost increase was 70%. And they’re grown within my state, less than 150 miles away. Therefore, my usage went down by 75%.
If you live in a metro area, find out how your public transit works, and let your personal vehicle sit! Our vintage explorer (2002 STX) gets between four weeks and six weeks on a tank of gas. A local bus ride for seniors costs 75 cents!
Rat got that one right. Even after a massive corporate tax cut which most corporations pocketed and a govt bailout during COVID. Whining over a measly 15% minimum tax, yeah right.
“Liar’s Poker” took the world by storm, but it did have some unintended consequences. Lewis had thought, if anything, the book would discourage the money-minded college generation from working on Wall Street, but it did the opposite. It accidentally served as a career blueprint for business majors and a moral guide of the big money machine.
Lewis said “Liar’s Poker” is still being read more than 30 years later because it was one of the last books to capture an uncensored and unfiltered Wall Street before publicity became a thing.
I left a job of over 25 years in the restaurant business (family owned) to start working for a major corporation, Perrigo. I work in a warehouse now. I get better pay and benefits. At one of our meetings, we’re told how much the company makes, and since they are publicly traded, anyone can look at our sales. But they are also trying hard to keep employees! Even with the great pay, we seem to be short staffed often. Should they decrease their profit margin to up the pay of the employees? They did! They gave everyone a raise this month trying to keep their current employees! Otherwise, they pay everyone overtime in order to get all the work done with fewer people. I do find it funny that I left a lower paying job for a bigger paying job, and then the price of everything went up too. Sigh.
Pricing is based mostly (not completely) on margin % above the cost of production. If cost doubles, you don’t leave the margin the same, because your margin % would drop in half. In an inflation environment, the dollar value in purchasing power drops in proportion to the inflation rate. So if the % stays the same, the margin doubles, but the buying power of that margin stays the same as it was before you raised it. The “profit” in numerical terms may double, but the profit in “purchasing power” terms stays the same, and that’s the number that goes into buying the next round of cost of goods, which have also doubled. Money isn’t real – it’s a representation of exchange that is volatile and anchored to nothing that keeps it from varying in purchasing power. See WWII Reischmark.
BE THIS GUY about 2 years ago
Rat, corporate America has no use for the truth.
BasilBruce about 2 years ago
Are those two henchmen agents from the Matrix?
salakfarm Premium Member about 2 years ago
The rat of truth.
ronaldspence about 2 years ago
Gougers, just Gougers
pontiac59 about 2 years ago
Of course a chunk of that is also due to inflation. Say “Thanks Brandon”
Shinrinder Premium Member about 2 years ago
Inflation isn’t the President’s. Sheesh! Study your economics.
Sanspareil about 2 years ago
Gas prices going up all Bidens fault, gas prices going down (crickets from the media!)
marilynnbyerly about 2 years ago
I spent the week trying to find some prescription medicine for an eye problem. None in the state, and everything is on back order. The second medication was the same way. Fortunately, my eye is improving on its on. Sigh. I pity people will more serious medical problems. Oopsie, does not help with cancer drugs, etc.
David_the_CAD about 2 years ago
It is interesting that we have the highest inflation that we have had in 40 years, and big oil announced that they have had the highest profits that they have had in 40 years.
Rod Gonzalez about 2 years ago
I agree with Garfield.
old_geek about 2 years ago
The biggest driver of inflation is the printing of currency. That fact was demonstrated by the Confederacy. It funded the war mainly by printing money. Inflation was rampant.
jonnytest about 2 years ago
Got that right, Rat.
Randallw about 2 years ago
Is Odie sticking up his thumb or his finger?
Zykoic about 2 years ago
Goes like this;
Crisis, central bank bails out large corporations with QE, economic governing power centralized by executive orders, inflation, hardship for citizens, now QT, yet more inflation, blatant crime, more poverty, food shortages, unrest, the very rich amass more resources, lower and middle class declining quality of life, destitute poverty class (homeless camps), an empire in decline.
I know it is not exactly the same but look how quickly Sri Lanka went from prosperity to collapse……by an executive ordered economy.
iggyman about 2 years ago
Congress just passed the law to increase corporate tax rates, guess who will end up paying the increase in the end? The consumer, duh!
Bilan about 2 years ago
Anybody else notice that about the time Russia finally cut off the gas supply, the prices actually started to fall . . .
. . . from the peak that was supposedly caused by Russia’s threat to cut off the gas supply.
Melki Premium Member about 2 years ago
Why do I have this sudden craving for lasagna?
Doug K about 2 years ago
It’s a good thing that the president (and his decisions/policies) didn’t have anything to do with the shortages and he prices. It’s too bad that the president can’t do anything.
Ellis97 about 2 years ago
Inflation is ruining everything.
nosirrom about 2 years ago
Companies determine price increases by percentage instead of penny per penny. That exacerbates inflation.
jbmlaw01 about 2 years ago
If you seriously believe corporations are “gouging,” simply deregulate completely, including capital formation, and allow the market to cure the problem. No monopoly can exist longer than a generation without the care and feeding by the government. Big corporations like regulation, as it eliminates their smaller competition. Even the lingering (and real) “supply chain” problems are entirely attributable to government constraints on the market.
NeedaChuckle Premium Member about 2 years ago
Not just the oil companies, all of them are showing record profits which is the reason no one can say we’re in a recession.
dexterwhite about 2 years ago
funny how that works…
Count Olaf Premium Member about 2 years ago
But…but…but… Dopey Joe tells us via his handlers coughObamacough on his teleprompter that there is no such things as supply chain issues and labor shortages and it’s all because of Climate Change and Donald Trump and millions of drooling idiot proles believe it. BTW, will the FBI agent who “confiscated” four pair of Melina’s panties during the raid please return them when Hunter is finished with them? OK. Don’t. Ew.
eric_harris_76 about 2 years ago
It is interesting that we’ve had the largest price inflation we’ve had in 40 years after the largest inflation in the money supply in 40 years.
Probably just coincidence. Just like the decreases in price inflation following the decreases in money supply inflation. It’s always coincidence.
And if you believe that, have I got a political party for you.
Two, in fact.
[Unnamed Reader - 641507] about 2 years ago
worse than the comics censor
wuhts about 2 years ago
Gotta say, I LOVE THIS STRIP!
Mel-T-Pass Premium Member about 2 years ago
Yup. “Pay no attention to the greedheads behind the curtain.”
sribe about 2 years ago
Pure coincidence, nothing to see here, move along citizen.
Masterskrain about 2 years ago
Rat, the greedheads that run major corporations HATE the truth…
Goat from PBS about 2 years ago
Dang, Stephan had to dig deep for those Garfield panels. Those are from 2000, before this strip was even born. https://www.gocomics.com/garfield/2000/07/27
carlosrivers about 2 years ago
How much is your product?How much ya got?
Zebrastripes about 2 years ago
Even RATs are affected…
Zebrastripes about 2 years ago
I always bought Black oil bird seed to feed the birds…it was about 18.00 per 50 lbs! When the pandemic hit, it went up to $25.00 per bag…NOW its $33.00 per bag!
Poor birds! =~{
raybarb44 about 2 years ago
They will sell their souls and deal with Satan himself if it increases their bottom line….
bunrabbit99 about 2 years ago
let’s not forget shrinking the package size for the same price…
Thomas R. Williams about 2 years ago
Garfink.
Shadow the Hedgehog about 2 years ago
Hmmm…Garfield and oldie look different than usual…
Dacker Premium Member about 2 years ago
Spot-on, Stephan!
The other day, I replenished my supply of a high-fluoride prescription toothpaste I need. The dentist sells it for $1 over his cost. It jumped from $14/tube to $20! There is no excuse for a 43% price increase.
zeexenon about 2 years ago
This old boy adds dried cranberries to his cereal. The most recent cost increase was 70%. And they’re grown within my state, less than 150 miles away. Therefore, my usage went down by 75%.
OshkoshJohn about 2 years ago
If you live in a metro area, find out how your public transit works, and let your personal vehicle sit! Our vintage explorer (2002 STX) gets between four weeks and six weeks on a tank of gas. A local bus ride for seniors costs 75 cents!
sisterea about 2 years ago
Rat got that one right. Even after a massive corporate tax cut which most corporations pocketed and a govt bailout during COVID. Whining over a measly 15% minimum tax, yeah right.
JoeMartinFan Premium Member about 2 years ago
Big companies price-gouging and profiteering when it hurts people the most. Sounds about right.
shorzy about 2 years ago
people are catching on…
shorzy about 2 years ago
“Liar’s Poker” took the world by storm, but it did have some unintended consequences. Lewis had thought, if anything, the book would discourage the money-minded college generation from working on Wall Street, but it did the opposite. It accidentally served as a career blueprint for business majors and a moral guide of the big money machine.
Lewis said “Liar’s Poker” is still being read more than 30 years later because it was one of the last books to capture an uncensored and unfiltered Wall Street before publicity became a thing.
https://www.cnbc.com/2022/02/08/michael-lewis-three-decades-after-liars-poker-says-wall-street-is-worse-in-some-ways.html
Realimaginary1 Premium Member about 2 years ago
The Rat Getting Covered by the Cat?!!
Robert Miller Premium Member about 2 years ago
I left a job of over 25 years in the restaurant business (family owned) to start working for a major corporation, Perrigo. I work in a warehouse now. I get better pay and benefits. At one of our meetings, we’re told how much the company makes, and since they are publicly traded, anyone can look at our sales. But they are also trying hard to keep employees! Even with the great pay, we seem to be short staffed often. Should they decrease their profit margin to up the pay of the employees? They did! They gave everyone a raise this month trying to keep their current employees! Otherwise, they pay everyone overtime in order to get all the work done with fewer people. I do find it funny that I left a lower paying job for a bigger paying job, and then the price of everything went up too. Sigh.
gsteele531 about 2 years ago
Pricing is based mostly (not completely) on margin % above the cost of production. If cost doubles, you don’t leave the margin the same, because your margin % would drop in half. In an inflation environment, the dollar value in purchasing power drops in proportion to the inflation rate. So if the % stays the same, the margin doubles, but the buying power of that margin stays the same as it was before you raised it. The “profit” in numerical terms may double, but the profit in “purchasing power” terms stays the same, and that’s the number that goes into buying the next round of cost of goods, which have also doubled. Money isn’t real – it’s a representation of exchange that is volatile and anchored to nothing that keeps it from varying in purchasing power. See WWII Reischmark.
mengelji about 2 years ago
I too became an economics expert by reading bumper stickers and the comments to comic strips…
braindead Premium Member about 2 years ago
Another cartoon that is beyond the understanding of any Republican.
Republicans still believe that billionaires and patriotic multinational corporations should pay no taxes.
Sailor46 USN 65-95 about 2 years ago
An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.
luciendesar Premium Member about 2 years ago
that is amazing lol
Sisyphos about 2 years ago
Rat “speaks Truth to Power.” Rat gets axed.
See, kids? That’s how the world works….
briggs.roy078 about 2 years ago
Thank you Stephen Pastis, thank you so much!
Eric S about 2 years ago
shoulda replaced it with Doonesbury or Cathy
tlvk58 about 2 years ago
What a coincidence
rgcviper about 2 years ago
Feel the love in panel six. Cool to see Garfield and Odie here in “Pearls”, too.
I like the text between G&O reading “Apologies to the great Jim Davis”.
blindavocado Premium Member about 2 years ago
Why didn’t they increase prices before covid while Trump was in office, or were corporations less greedy then?
DaBump Premium Member about 2 years ago
Well, they have to make up for the losses… I guess…
Darque Hellmutt about 2 years ago
But … uncle Joe said we had ZERO inflation in July!
liamr28 about 2 years ago
TRUE