Former Secretary of Labor Robert Reich is blaming “corporate greed” as the driving force behind soaring inflation, insisting that wages are not to be blamed for the phenomenon. The Federal Reserve’s notion that inflation is being supported by rising wages triggered by a tight labor market, and that the solution to the problem is to…
Clinton-Era Labor Secretary Blames Corporate Price Gouging for Inflation, Calls for Price Controls
September 29, 2022
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Business & MarketsCompanieseconomic policieseconomyhigh inflationinflationmonopoliesprofit-price inflationRobert ReichUSUS Newswage cuts
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