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Progressives Urge Biden to Push Harder on ‘Greedflation’
The New York Times ^ | Jun 06, 2024 02:11 PM | Nicholas Nehamas, Jim Tankersley, Kellen Browning

Posted on 06/06/2024 12:05:01 PM PDT by E. Pluribus Unum

As high prices at grocery stores, gas pumps and pharmacies have soured many voters on his first term, President Biden has developed a populist riposte: Blame big corporations for inflation, not me.

But despite facing a tough re-election battle where economic issues will be central, Mr. Biden has not leaned into that message as frequently or naturally as some other Democrats, including senators running in competitive seats across the southwest and the industrial Midwest. The Biden campaign has not focused its television or online advertisements on messages berating companies for high prices, unlike Senators Bob Casey of Pennsylvania and Sherrod Brown of Ohio, who have made the issue a centerpiece of their campaigns — and who are outrunning Mr. Biden in polls.

Now, some progressives are urging Mr. Biden to follow those senators’ lead and make “greedflation,” as they call it, a driving theme of his re-election bid. They say that taking the fight to big business could bolster the broader Main Street vs. Wall Street argument he is pursuing against former President Donald J. Trump, particularly with the working-class voters of color Mr. Biden needs to motivate. And they believe polls show voters are primed to hear the president condemn big corporations in more forceful terms.

“It’s a winning message for Democrats,” said April Verrett, the president of the Service Employees International Union, which is knocking on doors in battleground states as part of a $200 million voter-turnout operation. “And clearly Bob Casey, who’s doing better in the polls than the president, is proving that it’s the winning message.”

Inflation soared under Mr. Biden in 2021 and 2022, as the economy emerged from pandemic recession...


(Excerpt) Read more at nytimes.com ...


TOPICS: Crime/Corruption; Government; Politics/Elections
KEYWORDS:
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1 posted on 06/06/2024 12:05:01 PM PDT by E. Pluribus Unum
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To: E. Pluribus Unum

If they think “Greedflation” is bad now, wait until plugs raises corporate taxes.


2 posted on 06/06/2024 12:09:51 PM PDT by BradtotheBone (When I die I want the GOP to be my Pallbearers, so they can let me down one last time.)
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To: E. Pluribus Unum

“Progressives” are economic illiterates who mostly attended Institutions of Marxist Indoctrination, formerly known as American universities.


3 posted on 06/06/2024 12:11:28 PM PDT by Signalman (I am not a snob. Ask anyone who matters.)
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To: E. Pluribus Unum

I hope that Doocey asks Biden or his handlers, which corporations? Are they your donors?


4 posted on 06/06/2024 12:13:42 PM PDT by Texas resident (Biden=Obama=Jarrett=Soros)
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To: E. Pluribus Unum

Government is the only permanent growth industry. Government growth is automatic inflation, as it drives up the cost of everything. Ultimately, consumers pay that cost in increased prices for all goods and services.


5 posted on 06/06/2024 12:18:47 PM PDT by rottndog (What comes after America?)
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To: E. Pluribus Unum

Bidenflation is a more accurate made-up term.


6 posted on 06/06/2024 12:21:05 PM PDT by Telepathic Intruder
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To: BradtotheBone

I’m surprised it too this long. Lefties always roll this out because it’s obviously impossible for their policies and rule to have caused anything bad like inflation.


7 posted on 06/06/2024 12:21:55 PM PDT by ModelBreaker
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To: E. Pluribus Unum

At the front of the Greedflation line is the Federal Government which gets to pay its bills by counterfeiting the money.

But they won’t mention that little fact.


8 posted on 06/06/2024 12:27:49 PM PDT by desertfreedom765
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To: E. Pluribus Unum

Pennsylvania Senator Casey has been running ads saying that greedy corporations have reduced the size of packages to cover higher prices.


9 posted on 06/06/2024 12:28:36 PM PDT by Daveinyork
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To: E. Pluribus Unum

Three stooges wrote this slop.


10 posted on 06/06/2024 12:32:07 PM PDT by Luke21
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To: E. Pluribus Unum
"Progressives Urge Biden to Push Harder on ‘Greedflation’"

Do not count on comrade biden to fix a problem he created.


11 posted on 06/06/2024 12:33:27 PM PDT by clearcarbon (Fraudulent elections have consequences.)
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To: E. Pluribus Unum

Yes, because BUSINESSES are those who dilute the value of the dollar by printing billions of them.

Poopypants Biden is right. Businesses should operate at huge losses by receiving $100 for what costs them $200.

Doing anything else is TREASON.


12 posted on 06/06/2024 12:35:17 PM PDT by Lazamataz (Trump's experience? We're next.)
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To: BradtotheBone

And a 40% capital gains tax, and an unrealized capital gains tax.


13 posted on 06/06/2024 12:37:13 PM PDT by packagingguy
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To: E. Pluribus Unum

It's all Biden.

14 posted on 06/06/2024 12:38:59 PM PDT by MinorityRepublican
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To: E. Pluribus Unum

Biden conducts war on fossil fuels:

fuel prices go up;
truck drivers pay more for the fuel to haul groceries to your local market;
local market pay more for the groceries;
consumer pays more for groceries:

Biden blames grocery stores for higher prices;
conducts war on grocery stores ...


15 posted on 06/06/2024 12:40:34 PM PDT by PIF (They came for me and mine ... now its your turn)
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To: All

Under “Bidenomics,” fast food has become a luxury.
French fries at McDonalds soared from $0.99 to $3.99.
Little Black children are going hungry under Biden.

In 2017, when Donald Trump was president,
Happy Meals for kids had their prices slashed up to 25%.
People with lower incomes were well-fed under Trump.


McDonald’s new Dollar Menu means massive price cuts for customers

By Kate Taylor, Dec 19, 2017, yahoo.com

McDonald’s much-anticipated new 2017 value menu means massive prices cuts for customers, a roughly 15% price reduction across the chain’s full menu.

........some items are already being sold at similar prices, leading up to the launch of the new value menu. Happy Meals for kids — are going to have their prices slashed by up to 25%.

<><>$1 items include the Sausage Burrito, McChicken, and Cheeseburger.
<><>$2 Items include Buttermilk Crispy Tenders, Bacon McDouble, and McCafé beverages,
<><>$3 gets Happy Meals and Triple Cheeseburgers.

While the McPick 2 has helped drive sales over the past year, a new national Dollar Menu is a major move to win over customers looking for value.

The company is throwing a huge amount of weight behind the effort, increasing its already massive national advertising budget by 20% starting in 2018.


16 posted on 06/06/2024 12:43:32 PM PDT by Liz (This then is how we should pray: Our Father who art in heaven, Hallowed be thy name . )
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To: E. Pluribus Unum
It's not greedflation at all but a result of democrat economic policies.

Let's say you own a Burger King franchise. You need 10 people behind the counter at a time, but due to all the free money the democrats showered the country with to steal a phrase from the Washington Post, you can get 5 employees. The end result is that the money you had earmarked for 5 employees you need but don't have goes into your pocket, increasing your profits.

The next problem is that since people have all that free money, they're your business is getting slammed, so much so that the employees can't keep up. To offset the demand and give your employees some more money to keep them around, you have to raise prices.

17 posted on 06/06/2024 12:49:39 PM PDT by guitar Josh
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To: E. Pluribus Unum

Blame Nancy Pelosi for pulling $Trillions out of her a** to give away.


18 posted on 06/06/2024 12:55:07 PM PDT by bk1000 (Banned from Breitbart)
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To: E. Pluribus Unum

Blaming the business world.

Simple Stalin playbook. Next step toward collectivism.


19 posted on 06/06/2024 12:56:06 PM PDT by lurk (u)
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To: E. Pluribus Unum

Idiots


20 posted on 06/06/2024 1:03:17 PM PDT by Fledermaus (We Are Now In A Civil War!)
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