Thank you for the other studies you have put in your original post and I've quickly read through them. From what I can see 25 companies account for 90% of the increase in company profits, most of whom are selling commodities whereby the market is driving higher prices and therefore costs for those businesses aren't rising at the same pace. The other chance is that companies are using rising prices to increase their profit margins where they don't have competition in order supress increases. That isn't sustainable as a business for any length of time.
I think it's a combination of the two, as the studies suggest, and also borne out from the fact that wages aren't increasing at the rate anticipated from high employment, they're not passing the profits back down in the form of increasing wages, they're paying shareholders and CEOs more or simply just announcing higher profits.
Asked again if Johnson would get a fair hearing, she replied:
PM for you.
