'The American people want to know what side you're on: Do you stand with working families hit with higher costs or will you allow corporations to keep jacking up prices?' —fightmonopolies
One voter, identified as a Black woman from Wisconsin, said that corporations are using inflationary pressures across the U.S. andAnother, identified as a Latina from Phoenix, said that"there is a greed factor in the raising of prices."
Inflation in the U.S. has only gotten worse since April as Russia's war on Ukraine roils global energy markets and corporations push higher costs onto consumers, even after raking inFederal data published last week showed that inflation was up 8.
Progressives have urged Biden to more forcefully highlight that dynamic even as top members of his own administration—including Treasury Secretary Janet Yellen—and Powell pushes the widely disputed notion that modest wage increases are fueling inflation.