The Democrats have a powerful campaign issue: price-gouging corporations | Robert Reich

Ask the public: do you want more jobs and higher wages, or huge companies making fatter profits by raising prices?

The economic goal should be more jobs at higher wages. Right?

Yet the Federal Reserve, corporate economists and the Republican party have turned the goal upside down - into fewer jobs and lower wages. Otherwise, they say, we'll face more inflation.

Robert Reich, a former US secretary of labor, is professor of public policy at the University of California, Berkeley, and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His new book, The System: Who Rigged It, How We Fix It, is out now. He is a Guardian US columnist. His newsletter is at robertreich.substack.com