Is corporate greed to blame? : NPR
NPR crunched financial disclosures by a dozen of the largest grocery-item makers and sellers, including Walmart, Pepsi, Oreo-maker Mondelez and Procter & Gamble, which makes Pampers and Bounty.
The idea was to track changes not in the sheer dollar amount, which rides the waves of our shopping sprees, but in the percentage of money that stays in corporate coffers after a sale. Economists and accountants use different metrics for this. The gross profit margin is one of them — the portion that companies keep after paying just the direct costs to make or stock their goods.
Companies' financial disclosures cover global operations, meaning lots of variety in costs and prices. But for almost all companies that NPR analyzed, between 2018 and 2023 the margins either declined or grew less than 1%.
Beautiful Morning
Cruzing along the bike trail heading into the office. Blowing past the stopped traffic on Interstate 787 and South Pearl, watching as that yacht cruises down along the river. One of those great September mornings.
Taken on Monday September 9, 2024 at Albany Corning Preserve.Autumn Morning
Where have all the flowers gone? ๐ธ
Mid September is kind of an odd season, one where you are really looking forward to the brilliant colors of autumn and the crisp mornings but you also know much too soon the days will be short, skies gray, air cold and snowy and leaves brown.
Up at five o’clock, making coffee โ, slicing apples ๐ and frying up onions ๐ง to have with eggs once I get to store ๐ณ and get milk. ๐ฎ You can smell the silage being chopped on the air ๐ as autumn rapidly approaches on this cool early autumn morning.
Monday morning, a five day week, though I plan to work remote on Friday the 13th ๐ฅ hopefully some place much nicer then the Delmar.ย Moratorium is in effect which should slow down the rate the state work is coming to my desk, though I’ll be in early to get any work done before heading over to the campaign committee later in theย day. Now a lot of it’s going to be preparing for 2025.
The goal is leave for work around 7 AM and be in the office sometime between 7:30 and 7:45 am this morning. Bringing the rain coat ๐งฅ as it’s likely to be raining at the end of day โ but getting wet then won’t ruin me. I can always catch the bus home from the old train station, or store my bike in my office overnight ๐ข and catch the shuttle ๐ to the Plaza if it’s an absolute downpour. Or work late until the rain stops. There’s always more work to do.
Unfortunately I don’t have too long
Red Maples
Some great colors along the river.
Taken on Thursday September 24, 2020 at Spectulator.