Sen. Casey Blames Corporations for High Prices Even After Huge Tax Breaks: It’s ‘Greedflation’
‘We have to take action against that’
Jun 18, 2024 9:30 AM
By Grabien Staff
Current TimeВ 0:00
/
DurationВ -:-
Loaded: 0%
0:00
Stream TypeВ LIVE
Remaining TimeВ --:-
В
1x
2x
1.75x
1.5x
1.25x
1x, selected
0.75x
0.5x
Chapters
descriptions off, selected
captions settings, opens captions settings dialog
captions off, selected
This is a modal window.
The media could not be loaded, either because the server or network failed or because the format is not supported.
Beginning of dialog window. Escape will cancel and close the window.
End of dialog window.
EXCERPT:
CASEY: “Well, Jen, a good part of that is high prices. And we know that even after these huge multinational corporations got these record tax cuts, tax cuts we had rarely seen in recent American history, they got these huge tax breaks. They used most of that new revenue they had to have stock buybacks, and then they jacked up their prices, the price of food, the price of household items. And people — people not only feel it every week, but I think they know what it is and it’s greed. It’s greedflation. I’ve talked a lot about, and the president has as well, shrinkflation, where they’re shrinking the size of the product and not shrinking the price.”
