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Economy

mactire

(126 posts)

1. Cleveland Cliffs

Reply to mahatmakanejeeves (Original post)

Wed May 4, 2022, 12:08 PM

May 2022

Their quarterly profit growth percentage as reported in March of this year is +1,327, fiscal year profit growth +924. Buybacks amount to $1.0 billion . They are among corporations reaping their highest profits in 70 years! U.S. workers’ wages have increased 1.6 per cent in the past 2 years period. I try to explain this to my Republican voting “friends” when they spew the b.s. about inflation and who is responsible. Deaf ears usually, but I won’t give up.

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Cleveland-Cliffs celebrates 175-year milestone [View all] mahatmakanejeeves May 2022 OP

Cleveland Cliffs mactire May 2022 #1

Looking at one quarter only gives an unrealistic view of the company's performance. mahatmakanejeeves May 2022 #2

Results mactire May 2022 #3