a hearing last month
that higher prices for goods could be due simply to corporate decisions to price gouge. Prices could be rising because “demand is incredibly strong and [corporations are] raising prices because they can,” he said in a Senate hearing. Though voters don’t necessarily know that corporations are doing this, likely voters surveyed by Data for Progress said that corporate pricing is making goods more expensive. Eighty-two percent of surveyed voters said that corporate price gouging is contributing to inflation.
Although not all voters agreed on the root causes of rising prices, an overwhelming majority said that the government should crack down on corporate profiteering and enforce antitrust laws. A whopping 80 percent of likely voters responded as such, including 88 percent of Democrats. The polling demonstrates that cracking down on corporate price hikes could be a popular move for Joe Biden and Democrats to take ahead of crucial midterm elections this fall. Biden recently directed his administrationof directly blaming corporations for increased prices, as some economists in the administration hesitate to back this messaging.
I'm glad that the voters know what's up!