Warren Cracks Under Economic Pressure
Is she right or has she lost it?
As you already know inflation is currently sky-high and President Biden is blaming Russian President Vladimir Putin for it. Now, Democrat Senator Elizabeth Warren on the other hand is trying to shift the blame onto American businesses who she claims are raising the prices and lying about inflation.
According to Newsmax, Warren is now trying to empower the Federal Trade Commission to investigate why businesses are raising the prices.
In a statement that was released by Senator Warren, she wrote, “Prices are rising, and consumers are paying more, while giant corporations are using inflation as a cover to expand their profits. This bill would crack down on corporate price gouging by setting tougher rules of the road and enhancing enforcement, and I’m going to fight to get this done.”
While Biden is blaming Russia for inflation is appears that Sen. Warren believes inflation is simply not true and many of these major businesses have colluded and are just increasing prices for profit.