Interview | Economy & Labor Inflation Policies Must Deal With Impact of Rising Food Prices on the Poor To confront inflation, we need a universal basic income funded through a progressive tax structure. By C.J. Polychroniou , Truthout February 1, 2022 Truthout
News | Economy & Labor Fed Chair Jerome Powell Says Corporations “Are Raising Prices Because They Can” The statement came after Sen. Elizabeth Warren prodded the Federal Reserve leader on the issue. By Sharon Zhang , Truthout January 11, 2022 Truthout
Op-Ed | Economy & Labor Businesses Have Manufactured Inflation Fear to Protect Profits Amid Rising Wages Workers don’t set prices, bosses do. And they do so on the basis of maintaining the greatest possible profit margins. By Hadas Thier , Truthout December 26, 2021 Truthout
News | Politics & Elections Sanders Takes Aim at Manchin’s Argument Against Build Back Better: “Not True” Sen. Bernie Sanders noted Sen. Joe Manchin's uncritical support for a “bloated military budget” and “corporate welfare.” By Jake Johnson , CommonDreams December 24, 2021 Truthout
News | Economy & Labor Warren Slams Grocers for Raising Prices While Raking In Profits “Behind the scenes, grocery chains have reassured investors that only consumers would be hurt,” Warren wrote. By Sharon Zhang , Truthout December 21, 2021 Truthout
News | Economy & Labor Warren Slams Hertz for Raising Prices 147 Percent While Pursuing $2B in Buybacks The company paid out about $19 million in bonuses to executives surrounding its bankruptcy. By Sharon Zhang , Truthout December 8, 2021 Truthout
News | Economy & Labor Oil and Gas Industry Profits Climbed as Americans Faced High Gas Prices in 2021 Consumer advocates say that high gas prices are due to “the deliberate policies of energy producers” to pad profits. By Sharon Zhang , Truthout December 6, 2021 Truthout
Interview | Economy & Labor Inflation Is Bad for Those Who Profit From Your Mortgage Debt and Student Loans Corporate media has largely failed to tell both sides of the inflation story, says journalist Jon Schwarz. By Janine Jackson , FAIR December 4, 2021 Truthout
News | Economy & Labor Using Inflation as an Excuse, Corporations Raised Prices & Increased Profits The new data contradicts the widespread misconception that stimulus packages and other spending bills were to blame. By Chris Walker , Truthout December 1, 2021 Truthout
Op-Ed | Economy & Labor Raising the Standard of Living for Everyone Could Offset the Pains of Inflation Decades of corporations monopolizing industries has given them the power to artificially inflate the prices of goods. By Domenica Ghanem , OtherWords November 26, 2021 Truthout