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Bob Casey Jr.: “Corporate profits are up 75% from July 2020 to July 2022.”

Featuring: Bob Casey Jr., Democratic | Former U.S. Senate, Pennsylvania

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Sen. Bob Casey extended interview

Published | Video Starts at 00:33

Well, basically, when big multinational corporations, whether it's big food conglomerates or companies that produce household items that people have to buy every week in addition to food, when they jack up their prices way beyond their costs … Corporate profits are up 75% from July 2020 to July 2022. … by 75% was five times the rate of inflation. So they saw an opening, they jacked up their prices and they were getting away with it until I pointed out what they were doing. (00:33–00:46)

CLAIM

Asserts that corporate profits increased significantly over a two-year period.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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