Truthout
Inflation
Hiking Interest Rates Protects Financial Assets of the 1% at Workers’ Expense
The Fed doesn't need to hurt workers to curb inflation -- there are alternatives, says economist Gerald Epstein.
With Food Prices Up, a “Bean New Deal” May Be Part of the Answer
With beef and poultry prices rising, the government should ease spending on meat and pay farmers to plant beans.
“No Child Should Go Hungry”: Democrats Push to Extend Universal School Meals
The universal school meal program is set to end at the end of this month, leaving millions of children at risk.
Don’t Let Corporations Profit From Our Inflation Pain
Corporations are blaming rising prices on elected officials and worker organizing even as they rake in record profits.
Corporate Profits Soared to Highest Levels in 7 Decades Last Year
Experts call for a tax on excess corporate profits as a tool to rein in sky-high inflation.
Federal Reserve Puts Burden of Curbing Inflation on Global Working Class
The Fed's plan to raise interest rates could increase unemployment and set the stage for lowering wages.
Biden Tells Oil Refinery Companies It’s Unfair to Pass Gas Costs Onto Americans
"The crunch that families are facing deserves immediate action," Biden told the companies.
Progressive Economists Say Interest Rate Hikes Are Wrong Approach to Inflation
The Federal Reserve's recent moves risk causing a recession and imposing more pain on vulnerable workers, critics warn.
Poll Shows Confronting Corporate Greed Is Biden’s Best Anti-Inflation Message
Voters are particularly responsive to messaging that connects price hikes to profiteering by big business.
McConnell Pins Inflation on Biden, But Has Raked In $1.2M From Corporate Donors
Executives have been bragging about their record profits, but the GOP says high prices are Democrats’ fault.