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LETTER: Corporate greed means 'disappearing dreams' for seniors

'Just looking at how the profit margins have skyrocketed ... gives no justification for businesses to say it was needed,' says letter writer
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As we all get older and are thinking of retiring, downsizing one’s present living condition to a new, smaller, more manageable and efficient lifestyle seems to be on the minds of many in these uncertain times.

Looking at change, sometimes the decision to downsize one’s lifestyle comes with some personal sacrifices. Many who are or were looking at an early, happy retirement at 65 are seeing a disappearing dream that is not attainable at this time due to what economic inflation has brought to this equation over the past five years. Inflation is derailing retirement for many due to the cost of living.

We have all been watching the cost of groceries, especially, along with everything else.

These unjustified higher inflation costs point more toward greed, and I’m sure many of us feel the same — greed on the part of all businesses, their principal owners, their shareholders, their managing corporate teams that look at ways to basically increase profits through marketing deceptions and ignoring what their decisions of price increases will do to the economy and the people who depend on affordable products just to survive.

Just looking at how the profit margins have skyrocketed over just these past years gives no justification for businesses to say it was needed.

The need to control all these people-gouging enterprises by government intervention seems to be the answer, but do we have anyone out there with the balls to do so?

Developing business enterprises large and small and the people who bought their products are the ones who built this country and gave many of us a comfortable lifestyle, but it seems these have now turned to get-rich-quick enterprises run by profit-generating, in-it-for-themselves management, and they might just destroy a country with their inflated price gouging.

Ray Kopylciw
Ramara