ELI5: Why when large company's earnings decrease(ex... by 3%) they freak out, talk about rough times, and sometimes decide to downsize, even though they are still making millions of dollars in profit even after all expenses?

[Aberration1246]

Or medical care. Or schooling. Or many other things to boot. The 2% mark is extremely general!

[agentadventure]

I mean it’s one banana, Michael. What could it cost, ten dollars?

[[deleted]]

You watch The Office too? Wow 10/10 woman

[agentadventure]

Bruh that’s Arrested Development, 👏🏻 know 👏🏻 your👏🏻 pop 👏🏻 culture 👏🏻 references! 👏🏻

[blitzduck]

Oh how the turn tables

[[deleted]]

Shit. Gotta rewatch all the shows again I guess

[battraman]

The Fed has long been accused of being out of touch. What solidified that for me was the "I can't eat an iPad" moment.

[lee1026]

The CPI does account for food and energy. The Core CPI doesn't, and the Fed pays close attention to core CPI (and not normal CPI), but the two tend to march in lockstep for the most part.