Democratic leaders have recently blamed record-high rates of inflation and energy prices on so-called corporate greed, but even President Barack Obama’s former top economic adviser says that there is little to no evidence that corporations deserve the blame for the current economic woes.
On Thursday, Bloomberg reported: “Many Democrats blame price-gouging companies for the worst surge in Americans’ cost of living in more than a generation. But economists, including several who are left-leaning disagree.”
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