Advanced-Guard-4468 t1_iymb9cs wrote
Reply to comment by im_at_work_now in Pat Toomey was one of the 43 Senators who killed sick leave for rail workers by GraffitiTavern
Inflation over the last two years is up 15%
im_at_work_now t1_iymbz5m wrote
And how much are profits up over the last 2 years? 8-10% is the YOY figure.
Put another way.... In the first 3 months of this year alone, the rail industry made just shy of $22 BILLION in profits. The additional 7 sick days cost them $321 million for the whole year, or 80 million. With an m. Not a b.
80,000,000 / 22,000,000,000 = 0.0036
That's less than half of one percent of the profits
a-german-muffin t1_iymeej0 wrote
By what measure? Even going with max volatility using the all items CPI, it's 12 and change since September 2020 (and that's off a flat-to-down stretch through the first six months of COVID, so not exactly normal conditions).
Advanced-Guard-4468 t1_iynaxlm wrote
It was 6% from 2020 to 2021 and 8.5 from 2021 to 2022 = 14.5 or 15%
a-german-muffin t1_iynd118 wrote
Again, by what measure? The official CPI was 4.7 percent in 2021 and 7.7 percent in the year to October 2022.
Advanced-Guard-4468 t1_iynr9ok wrote
Cpi from Sept 2020 to Oct 2021 was 6.2% it was the largest 12 month increase since ending Nov 1990 it was 7.7% the next 12 months. Sorce Bls.gov
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