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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.

Jake Johnson

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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EPA Urged to 'Finish the Job' After Latest Move to Protect Bristol Bay From Pebble Mine

"Local residents, scientists, and the broader public all agree that this is quite simply a bad place for a mine, and it is past time for the EPA to take Pebble off the table permanently," said one activist in Alaska.

Jessica Corbett ·


'Zero Tolerance for Corruption': Grijalva, Porter Demand Answers on Alleged Trump Pardon Bribery Scheme

The Democrats believe a real estate developer donated to a Trump-aligned super PAC in exchange for the pardons of two other men.

Julia Conley ·


Millions of Americans Lack Adequate Health Coverage, But the Pentagon Has a New Nuclear Bomber to Flaunt

"This ominous death machine, with its price tag of $750 million a pop, brings huge profits to Northrop Grumman but takes our society one more step down the road of spiritual death," peace activist Medea Benjamin said of the new B-21 Raider.

Brett Wilkins ·


Betrayal of Railway Workers Ignites Working-Class Fury Toward Biden and Democrats

"Politicians are happy to voice platitudes and heap praise upon us for our heroism throughout the pandemic," said one rail leader. "Yet when the steel hits the rail, they back the powerful and wealthy Class 1 rail carriers every time."

Jessica Corbett ·


With GOP House Control Looming, Pascrell Calls for Swift Release of Trump Tax Records

"Donald Trump tried to hide his tax returns from our oversight but after 1,329 days we have finally obtained the documents," said the New Jersey Democrat. "We should review and release them."

Kenny Stancil ·

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