from year ago 2022, Democrats and Republicans bracket the public’s views relatively closely on whether big companies were causing inflation

[Multicolored Lemur]

Biden Has Pinned Inflation on Large Businesses, and Over Half of Voters Seem to Agree

While Republicans claim that the current administration's policies are to blame for higher prices, President Joe Biden points a finger at large companies.

morningconsult.com

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This is good news. The 2 parties are supposed to bracket public opinion.

If we add “very responsible” and “somewhat responsible,” 54% of all voters say big companies with little competition are responsible for inflation.

and 63% of Democrats,

and 47% of Republicans.

And I’d say, this is about the way it should be.

 

[Multicolored Lemur]

Visualizing the World’s Biggest Pharmaceutical Companies

The world's biggest pharmaceutical companies are worth $4.1 trillion. Here we map the top 100 companies based on their market cap value.

www.visualcapitalist.com

And — ️

I embrace the complexity ! ! !

More “Big Pharma” companies than I thought there would be. But we can still very much ask, Why is something like insulin — which has been around for a 100 years for crying out loud! — so #%!& expensive ! ? !

I’m going to try to pull a technical definition of an oligopoly.

 

[bbyrd009]

what a world we live in, when it takes a Trump to cap insulin at $35 a month, huh?

 

[Multicolored Lemur]

what a world we live in, when it takes a Trump to cap insulin at $35 a month, huh?

I’m willing to give both Trump and Biden some credit.

 

[Multicolored Lemur]

Oligopoly: Definition, Characteristics & Examples | Vaia

Oligopoly: ✓ Meaning ✓ Competition ✓ Examples ✓ Characteristics ✓ Price leadership ✓ Vaia Original

www.studysmarter.us

“An oligopoly is a market structure where a few large firms dominate the market.”

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I think this is a good straight-forward definition.

 

[AgnosticBoy]

Oligopoly: Definition, Characteristics & Examples | Vaia

Oligopoly: ✓ Meaning ✓ Competition ✓ Examples ✓ Characteristics ✓ Price leadership ✓ Vaia Original

www.studysmarter.us

“An oligopoly is a market structure where a few large firms dominate the market.”

————————————————-

I think this is a good straight-forward definition.

You can count me in the percentage that says that big firms are account for "some" of the inflation. I was about to say that I hate monopolies, but maybe it might be better to say that I hate 'oligopolies'.

I’m willing to give both Trump and Biden some credit.

I don't see how any party will be able to fix the problem of increasing prices, especially in big population states, like California, New York, Florida, etc.

 

[bbyrd009]

ha why expect the ones getting paid off to be fixing anything