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A person shops in the meat section of a grocery store on November 11, 2021 in Los Angeles, California.
(Photo: Mario Tama/Getty Images)
82% of US Voters Believe Inflation Is Fueled by Corporations 'Jacking Up Prices'
New survey data shows that voters "want elected officials to challenge corporate greed to lower prices," said one advocate.
Mar 12, 2022
On the heels of fresh data showing that the U.S. inflation rate jumped to a new 40-year high last month, a new survey found that more than 80% of American voters believe costs are rising in part because "big corporations are jacking up prices" while raking in record profits.
Released Friday by the advocacy group Fight Corporate Monopolies, the poll showed that 82% of registered U.S. voters blame big companies for at least some of the recent inflation spike and want elected officials to "take on powerful CEOs and rein in corporate greed to lower prices."
"Rising prices is the top economic issue for most voters, and they want elected officials to challenge corporate greed to lower prices," Helen Brosnan, executive director of Fight Corporate Monopolies, said in a statement. "Political leaders should directly address rising prices, release plans to combat corporate greed's role in driving prices higher, and put forth arguments that center CEOs and big corporations."
The new survey, based on a sample size of 1,000 respondents, comes as progressives in Congress continue spotlighting corporate price-gouging as a key culprit behind rising prices nationwide even as the White House abandons that narrative, despite data indicating it resonates with voters.
With gas prices surging amid Russia's onslaught against Ukraine, Democrats in the House and Senate introduced legislation on Thursday that would impose a "windfall tax" on oil companies in an effort to "curb profiteering."
"Last year, oil and gas companies made $174 billion in profits," Sen. Bernie Sanders (I-Vt.), a co-sponsor of the legislation, wrote in a Twitter post. "This year they're on track to make more. We cannot allow Big Oil to use Ukraine and 'inflation' as an excuse to rip off Americans."
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This country and this world are at a monumental crossroads. US voters have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. If you share our vision, please contribute whatever you can to sustain our work. |
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On the heels of fresh data showing that the U.S. inflation rate jumped to a new 40-year high last month, a new survey found that more than 80% of American voters believe costs are rising in part because "big corporations are jacking up prices" while raking in record profits.
Released Friday by the advocacy group Fight Corporate Monopolies, the poll showed that 82% of registered U.S. voters blame big companies for at least some of the recent inflation spike and want elected officials to "take on powerful CEOs and rein in corporate greed to lower prices."
"Rising prices is the top economic issue for most voters, and they want elected officials to challenge corporate greed to lower prices," Helen Brosnan, executive director of Fight Corporate Monopolies, said in a statement. "Political leaders should directly address rising prices, release plans to combat corporate greed's role in driving prices higher, and put forth arguments that center CEOs and big corporations."
The new survey, based on a sample size of 1,000 respondents, comes as progressives in Congress continue spotlighting corporate price-gouging as a key culprit behind rising prices nationwide even as the White House abandons that narrative, despite data indicating it resonates with voters.
With gas prices surging amid Russia's onslaught against Ukraine, Democrats in the House and Senate introduced legislation on Thursday that would impose a "windfall tax" on oil companies in an effort to "curb profiteering."
"Last year, oil and gas companies made $174 billion in profits," Sen. Bernie Sanders (I-Vt.), a co-sponsor of the legislation, wrote in a Twitter post. "This year they're on track to make more. We cannot allow Big Oil to use Ukraine and 'inflation' as an excuse to rip off Americans."
From Your Site Articles
On the heels of fresh data showing that the U.S. inflation rate jumped to a new 40-year high last month, a new survey found that more than 80% of American voters believe costs are rising in part because "big corporations are jacking up prices" while raking in record profits.
Released Friday by the advocacy group Fight Corporate Monopolies, the poll showed that 82% of registered U.S. voters blame big companies for at least some of the recent inflation spike and want elected officials to "take on powerful CEOs and rein in corporate greed to lower prices."
"Rising prices is the top economic issue for most voters, and they want elected officials to challenge corporate greed to lower prices," Helen Brosnan, executive director of Fight Corporate Monopolies, said in a statement. "Political leaders should directly address rising prices, release plans to combat corporate greed's role in driving prices higher, and put forth arguments that center CEOs and big corporations."
The new survey, based on a sample size of 1,000 respondents, comes as progressives in Congress continue spotlighting corporate price-gouging as a key culprit behind rising prices nationwide even as the White House abandons that narrative, despite data indicating it resonates with voters.
With gas prices surging amid Russia's onslaught against Ukraine, Democrats in the House and Senate introduced legislation on Thursday that would impose a "windfall tax" on oil companies in an effort to "curb profiteering."
"Last year, oil and gas companies made $174 billion in profits," Sen. Bernie Sanders (I-Vt.), a co-sponsor of the legislation, wrote in a Twitter post. "This year they're on track to make more. We cannot allow Big Oil to use Ukraine and 'inflation' as an excuse to rip off Americans."
From Your Site Articles
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