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ptowndavid t1_iwwe4no wrote

Reply to comment by metsurf in Port Authority bridge and tunnel toll hike proposed, with officials blaming inflation by hopopo

Or checking how all these industries are claiming inflation as an excuse while making record profits.

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metsurf t1_iwwgxmf wrote

I work in one of those industries and we are making record profit dollars but paying record prices for raw materials. All of our price increases are just to maintain the margin percentage. Our margins this year are within a tenth or two of a percent of our historical margin percent. There is still competition for business.

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