Elizabeth Warren Attacks ‘Greedy’ Corporations Over Grocery Prices

U.S. Senator Elizabeth Warren

(TheLastPatriotNews.com) – It’s hard to think of a United States Senator who is more despised by American Patriots than Sen. Elizabeth Warren, a Massachusetts Democrat who is clearly a socialist if not an outright communist.

This week, she attacked the corporations who put groceries on the shelves of American grocery stores in a tweet (you can see the tweet below) stating:

Wondering why your Thanksgiving groceries cost more this year? It’s because greedy corporations are charging Americans extra just to keep their stock prices high. This is outrageous.”

As part of the tweet, she linked to an article published by Business Insider, headlined “America’s Biggest Companies Can’t Stop Bragging to Investors About How They’re Charging You More.”

In a nutshell, the gist of the article is that major corporations admitted in their quarterly earnings reports that, so far, they have successfully passed the higher costs (inflation) they are experiencing to produce their products on to the consumers who buy the products.

Of course, only a socialist or communist would expect a corporation not to pass its costs on to consumers. After all, we live in a capitalist society – or we used to – and that’s how capitalism works.

Corporations are in business to make a profit and pass that profit along to the individuals – the shareholders – who invest in the corporation by holding shares of the company’s stock. If those shareholders don’t realize a worthwhile return on their investment, they will sell their stock, and the corporation will fail.

What do you think? Do you, like Elizabeth Warren, believe that corporations are greedy and should not pass higher costs on to consumers? Or, do you think that capitalism requires corporations to pass along higher costs so they can continue to make a profit that is passed on to the shareholders of the corporation? Email [email protected] and share your thoughts.

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