Post by benson on Feb 28, 2022 22:03:58 GMT
The Dirty Secret of inflation: Corporations Are Jacking Up Prices and Profits
Warren made the vital connection that all Democrats should be making as debates about the causes of inflation heat up. Instead of letting Wall Street apologists create the impression that inflation is simply the result of supply chain kinks and pent-up consumer demand after two years of pandemic lockdowns, and instead of letting Republicans suggest that federal and state investments in health care and housing are the problem, Democrats should be speaking like Warren. And like former Ohio state senator Nina Turner, a congressional candidate who declared Thursday:
It’s not “inflation,” it’s price-gouging.
Exxon and other Big Oil corporations are price-gouging us at the gas pump.
Grocery chains are making record profits price-gouging us at the register.
Corporations are bleeding working people dry. Enough.
www.thenation.com/article/politics/inflation-price-gouging/
Warren made the vital connection that all Democrats should be making as debates about the causes of inflation heat up. Instead of letting Wall Street apologists create the impression that inflation is simply the result of supply chain kinks and pent-up consumer demand after two years of pandemic lockdowns, and instead of letting Republicans suggest that federal and state investments in health care and housing are the problem, Democrats should be speaking like Warren. And like former Ohio state senator Nina Turner, a congressional candidate who declared Thursday:
It’s not “inflation,” it’s price-gouging.
Exxon and other Big Oil corporations are price-gouging us at the gas pump.
Grocery chains are making record profits price-gouging us at the register.
Corporations are bleeding working people dry. Enough.
www.thenation.com/article/politics/inflation-price-gouging/