Progressives Rip Corporations for ‘Using Inflation as a Cover Story to Jack Up Prices’

In the wake of new federal data showing that U.S. inflation rose again in May after decelerating slightly the previous month, progressive lawmakers, economists, and union leaders on Friday tried to hammer home their argument that corporate profiteering is a major driver of the price hikes that are eroding workers’ modest wage gains and heightening economic pain nationwide… Read more…

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