Let’s talk about the real issue with inflation: Corporate profits. Profits are at a 70-year high, yet corporations are inflating their prices dramatically – not even because of rising costs – but because they face little competition. Four major meat packers provide 55% to 85% of all beef, pork, poultry. Price inflation. Krogers, which owns City Market, purchased Albertsons for $25 billion, which leaves La Plata County with the choice of Krogers, Krogers, Krogers or Walmart. Price inflation.
Republicans refused to rein in gas prices when they were so terrible this spring, even though oil companies thrived. (The Democratic House passed a bill to combat gas price gouging; the Republicans in the Senate defeated it.) The result? Exxon doubled earnings. Chevron tripled them. Sixty billion dollars in earnings for the same quarter we were all struggling to buy gas.
Democrats are cutting taxes for working people and raising them on billionaires because “trickle down” doesn’t work. Real people need a raise. Republicans are actively voting against us all. Want some hope of reining in costs? Of a livable minimum wage? Vote for the Democrats on this ballot.
Anne Markward
Durango