upper waypoint

Inflation Is in the Eye of the Beholder

Save ArticleSave Article
Failed to save article

Please try again

Cartoon: a label "inflation" points to a shocked woman and son with a shopping cart with some food and prices rising. The next panel is labeled "elation" and shows a corporate executive smiling, holding a piece of paper with an up arrow on it labeled, "corp. profits."

As rising inflation makes it even harder for families with lower incomes to afford basic necessities, corporations are reporting record profits.

It's not just lower-income folks, though — people with moderate incomes also are feeling the pain as prices keep rising.

Meanwhile, big corporations are using inflation as an excuse to hike prices, in part to make up for the economic slump during the depths of the pandemic.

Whether it's making up for lost time or just plain greed, it's taking advantage of people struggling to make ends meet.

Sponsored

lower waypoint
next waypoint
'I Am Still Haunted': Women Accuse Rising SF Political Star of Rape and Abuse1st SF Mayoral Debate Continues to Crumble as 3rd Candidate May Drop OutWhen BART Was Built, People — and Houses — Had to GoCalifornia's Nuumu People Claim LA Stole Their Water, Now They're Fighting for Its ReturnHighway 1 to Big Sur Reopens This Week — What to Know About Visiting from the Bay AreaUC Berkeley Encampment is Packing Up for Merced. Here’s What Admin Agreed ToCalifornia’s Budget Deficit is $45 Billion. What's Newsom's Plan to Fix It?UC Stands Firm on $32 Billion Investment Plans Amid Pro-Palestinian Calls for WithdrawalProp 47 Has Saved California Millions. These Are the Programs It's FundedHalf Moon Bay Farmworker Housing Gains Approval After Push by Newsom