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Bob Casey Jr.: “The rise in corporate profits by 75% was five times the rate…”

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

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Sen. Bob Casey extended interview

Published | Video Starts at 00:46

And we know that in the period July of 20 to July of 22, corporate profits are up 75%. I'm not sure we've ever seen a number like that in recent American history. And that The rise in corporate profits 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. (00:46–00:53)

CLAIM

Asserts that corporate profit growth outpaced inflation by a factor of five.

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