Nevertheless, in poll after poll Republicans are more trusted than Democrats to handle the economy – the issue of most importance to people. I believ… - Bernie Sanders

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Nevertheless, in poll after poll Republicans are more trusted than Democrats to handle the economy – the issue of most importance to people. I believe that if Democrats do not fight back on economic issues and present a strong pro-worker agenda, they could well be in the minority in both the House and the Senate next year. And it’s not only the long-term structural crises that Democrats must address. It is the outrageous level of corporate greed that we now see every day that is fueling the inflation hurting so many people. While the price of gas has soared over the last year, the five big oil companies made $59bn in profits during the 2nd quarter of this year alone, and are spending $88bn on stock buybacks and dividends to benefit their wealthy shareholders. While global food prices soared by over 33% last year and are expected to go up another 23% this year, billionaires in the global food and agri-business industry became $382bn richer during the pandemic. While we continue to pay, by far, the highest prices in the world for prescription drugs, 3 of the largest pharmaceutical companies in America – Pfizer, Johnson & Johnson, and AbbVie – increased their profits by 90% last year to $54bn. While 46% of Americans either skipped or delayed the healthcare they need because they could not afford it, the six largest health insurance companies in America last year made over $60bn in profits. What do Republicans have to say about corporations that are charging Americans outrageously high prices, while enjoying record breaking profits? They talk a lot about inflation. But what are they going to do about it? Does one of them have the courage to consider a windfall, profits tax? Absolutely not.