Starbucks is raising prices after reporting a 31% increase in profits. The company’s revenue increased by almost 20% to over $8,000,000,000. Their CEO’s pay increased by almost 40% last year to more than $20,000,000.Do not be fooled. This is about corporate greed. It always is.— Robert Reich (@RBReich) February 16, 2022
Starbucks is raising prices after reporting a 31% increase in profits. The company’s revenue increased by almost 20% to over $8,000,000,000. Their CEO’s pay increased by almost 40% last year to more than $20,000,000.
Do not be fooled. This is about corporate greed. It always is.
— Robert Reich (@RBReich) February 16, 2022