Sen. Bernie Sanders (I-VT) went on CNN and spoke the reality that company greed was the true purpose for prime inflation.
Transcript through CNN:
BASH: Why is the message that you simply gave in your speech…
SANDERS: Nicely, I…
BASH: … that you simply simply mentioned proper no longer resonating when it’s coming from the White Home?
SANDERS: Nicely, that’s a terrific query.
And right here’s the absurdity. You have got a Republican Social gathering that wishes to offer huge tax breaks to billionaires, a Republican Social gathering that doesn’t wish to elevate the minimal wage, a Republican Social gathering that opposes laws that may give employees the suitable to kind unions, a Republican Social gathering which needs to chop Social Safety, Medicare and Medicaid.
And the explanation I feel they do nicely amongst working-class individuals is, the Democrats haven’t been robust sufficient to oppose that agenda and current a powerful different agenda. In different phrases, you may’t be pro- labor and pro-worker except you’ve the heart to tackle these giant, worthwhile firms who’re exercising an unprecedented stage of company greed.
The American individuals have gotten to know the explanation that inflation was excessive final yr was not as a result of primarily of the battle in Ukraine or a breakdown in provide chains. It was due to company greed within the fossil gas trade, within the meals trade, within the pharmaceutical trade.
These guys raised costs like loopy, whereas they made record-breaking earnings.
Video:
As Sen. Sanders precisely identified, inflation stays with the nation due to company greed. There isn’t a Biden financial coverage that prompted inflation. Inflation was attributable to firms seeing a possibility to cost gouge on necessities and taking it. The insurance policies handed by Biden and the Democratic caucuses within the Home and Senate have helped to ease inflation by investing in American-made vitality, taking motion motion healthcare and pharmaceutical value inflation, and eradicating the availability chain excuse for company greed.
It’s uncommon that the true causes for inflation get mentioned on cable information, however whether or not massive corporate-owned media corporations wish to hear it or not, Sen. Sanders introduced the reality.
