While Republicans are blaming Democrats for creating #inflation by pumping too much money into the economy through #social #welfare programs, The Wall Street Journal yesterday embraced the argument that a key factor in inflation has been #price #gouging by corporations.
A #WSJ piece by #Paul #Hannon noted that businesses are boosting their #profit #margins, confident that #consumers will blame supply chain issues and higher energy prices rather than the companies #padding their #profits.