{"id":1491550,"date":"2024-02-09T16:17:23","date_gmt":"2024-02-09T16:17:23","guid":{"rendered":"https:\/\/fair.org\/?p=9037253"},"modified":"2024-02-09T16:17:23","modified_gmt":"2024-02-09T16:17:23","slug":"rakeen-mabud-on-greedflation","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2024\/02\/09\/rakeen-mabud-on-greedflation\/","title":{"rendered":"Rakeen Mabud on Greedflation"},"content":{"rendered":"<div style='display:none;' class='shareaholic-canvas' data-app='share_buttons' data-title='Rakeen Mabud on Greedflation' data-link='https:\/\/fair.org\/home\/rakeen-mabud-on-greedflation\/' data-summary='The same people who earn wages also buy groceries, and pretending that we\u2019re pitted against one another is not just mis- but disinformation.' data-app-id-name='category_above_content'><\/div><p>&nbsp;<\/p>\n\n<div id=\"mp3jWrap_0\" class=\"mjp-s-wrapper s-graphic unsel-mjp  verdana-mjp\" style=\"font-size:14px;\"><span id=\"playpause_wrap_mp3j_0\" class=\"wrap_inline_mp3j\" style=\"font-weight:700;\"><span class=\"gfxbutton_mp3j play-mjp\" id=\"playpause_mp3j_0\" style=\"font-size:14px;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/span>&nbsp;<span class=\"group_wrap\"><span class=\"bars_mp3j\"><span class=\"loadB_mp3j\" id=\"load_mp3j_0\"><\/span><span class=\"posbarB_mp3j\" id=\"posbar_mp3j_0\"><\/span><\/span><span class=\"T_mp3j\" id=\"T_mp3j_0\" style=\"font-size:14px;\">CounterSpin240209.mp3<\/span><span class=\"indi_mp3j\" style=\"font-size:9.8px;\" id=\"statusMI_0\"><\/span><\/span><\/span><\/div><span class=\"s-nosolution\" id=\"mp3j_nosolution_0\" style=\"display:none;\"><\/span><script>\nMP3jPLAYLISTS.inline_0 = [\n\t{ name: \"CounterSpin240209.mp3\", formats: [\"mp3\"], mp3: \"aHR0cHM6Ly9tZWRpYS5ibHVicnJ5LmNvbS9jb3VudGVyc3Bpbi9jb250ZW50LmJsdWJycnkuY29tL2NvdW50ZXJzcGluL0NvdW50ZXJTcGluMjQwMjA5Lm1wMw==\", counterpart:\"\", artist: \"\", image: \"\", imgurl: \"\" }\n];\n<\/script>\n\n<script>MP3jPLAYERS[0] = { list: MP3jPLAYLISTS.inline_0, tr:0, type:'single', lstate:'', loop:false, play_txt:'&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;', pause_txt:'&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;', pp_title:'', autoplay:false, download:false, vol:80, height:'' };<\/script>\n<p>&nbsp;<\/p>\n<div id=\"attachment_9037256\" style=\"width: 360px\" class=\"wp-caption alignright\"><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-9037256\" class=\"size-medium wp-image-9037256\" src=\"https:\/\/fair.org\/wp-content\/uploads\/2024\/02\/Other-Words-Inflation-350x332.png\" alt=\"Other Words: It\u2019s Not \u2018Inflation\u2019 \u2014 We\u2019re Just Getting Ripped Off. Here\u2019s Proof.\" width=\"350\" height=\"332\" srcset=\"https:\/\/fair.org\/wp-content\/uploads\/2024\/02\/Other-Words-Inflation-350x332.png 350w, https:\/\/fair.org\/wp-content\/uploads\/2024\/02\/Other-Words-Inflation-600x569.png 600w, https:\/\/fair.org\/wp-content\/uploads\/2024\/02\/Other-Words-Inflation-768x729.png 768w, https:\/\/fair.org\/wp-content\/uploads\/2024\/02\/Other-Words-Inflation-640x607.png 640w, https:\/\/fair.org\/wp-content\/uploads\/2024\/02\/Other-Words-Inflation.png 778w\" sizes=\"(max-width: 350px) 100vw, 350px\" \/><p id=\"caption-attachment-9037256\" class=\"wp-caption-text\"><em><strong>Other Words<\/strong> (<a href=\"https:\/\/otherwords.org\/its-not-inflation-were-just-getting-ripped-off-heres-proof\/\">1\/31\/24<\/a>)<\/em><\/p><\/div>\n<p>This week on <strong>CounterSpin<\/strong>: <strong>CNN<\/strong> host <a href=\"https:\/\/fair.org\/home\/on-sunday-shows-the-only-biden-promise-that-matters-is-compromise\/\">Dana Bash<\/a> asked a question in the Republican presidential debate (<a href=\"https:\/\/transcripts.cnn.com\/show\/se\/date\/2024-01-10\/segment\/01\">1\/10\/24<\/a>) in Des Moines, Iowa:<\/p>\n<blockquote><p>The rate of inflation is down. Prices, though, are still high, and Americans are struggling to afford food, cars and housing. What is the single most important policy that you would implement as president to make the essentials in Americans&#8217; lives more [affordable]?<\/p><\/blockquote>\n<p>Unfortunately, she asked the question of South Carolina Gov. <a href=\"https:\/\/fair.org\/home\/gops-nikki-haley-stands-up-for-an-imaginary-america\/\">Nikki Haley<\/a>, who answered with word salad involving \u201cwasteful spending on a Covid stimulus bill that expanded welfare, that&#8217;s now left us with 80 million Americans on Medicaid, 42 million Americans on food stamps.\u201d Haley concluded with the admonition \u201cquit borrowing. Cut up the credit cards.\u201d<\/p>\n<p>&#8220;Cut up the credit cards&#8221; is interesting advice for people who are having trouble affording diapers, but it\u2019s the sort of advice politicians and pundits dole out, and that corporate news media present as a respectable worldview, worthy of our attention.<\/p>\n<p>There is another view, that acknowledges that the <a href=\"https:\/\/fair.org\/home\/they-do-not-tell-both-sides-of-the-inflation-story\/\">same people<\/a> who earn wages also buy groceries, and pretending that we\u2019re <a href=\"https:\/\/fair.org\/home\/media-prescribe-more-pain-for-workers-as-inflations-only-cure\/\">pitted against one another<\/a> is not just mis- but disinformation.<\/p>\n<p>Rakeen Mabud is chief economist and managing director of policy and research at <a href=\"https:\/\/groundworkcollaborative.org\/\">Groundwork Collaborative<\/a>. They have new work on what\u2019s driving grocery prices, that doesn\u2019t involve getting mad at people using food stamps. We\u2019ll hear from her today on the show.<\/p>\n<div id=\"mp3jWrap_1\" class=\"mjp-s-wrapper s-graphic unsel-mjp  verdana-mjp\" style=\"font-size:14px;\"><span id=\"playpause_wrap_mp3j_1\" class=\"wrap_inline_mp3j\" style=\"font-weight:700;\"><span class=\"gfxbutton_mp3j play-mjp\" id=\"playpause_mp3j_1\" style=\"font-size:14px;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/span>&nbsp;<span class=\"group_wrap\"><span class=\"bars_mp3j\"><span class=\"loadB_mp3j\" id=\"load_mp3j_1\"><\/span><span class=\"posbarB_mp3j\" id=\"posbar_mp3j_1\"><\/span><\/span><span class=\"T_mp3j\" id=\"T_mp3j_1\" style=\"font-size:14px;\">CounterSpin240209Mabud.mp3<\/span><span class=\"indi_mp3j\" style=\"font-size:9.8px;\" id=\"statusMI_1\"><\/span><\/span><\/span><\/div><span class=\"s-nosolution\" id=\"mp3j_nosolution_1\" style=\"display:none;\"><\/span><script>\nMP3jPLAYLISTS.inline_1 = [\n\t{ name: \"CounterSpin240209Mabud.mp3\", formats: [\"mp3\"], mp3: \"aHR0cHM6Ly9tZWRpYS5ibHVicnJ5LmNvbS9jb3VudGVyc3Bpbi9jb250ZW50LmJsdWJycnkuY29tL2NvdW50ZXJzcGluL0NvdW50ZXJTcGluMjQwMjA5TWFidWQubXAz\", counterpart:\"\", artist: \"\", image: \"\", imgurl: \"\" }\n];\n<\/script>\n\n<script>MP3jPLAYERS[1] = { list: MP3jPLAYLISTS.inline_1, tr:0, type:'single', lstate:'', loop:false, play_txt:'&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;', pause_txt:'&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;', pp_title:'', autoplay:false, download:false, vol:80, height:'' };<\/script>\n<p>Plus Janine Jackson takes a quick look at <a href=\"https:\/\/fair.org\/home\/action-alert-friedmans-vermin-analogies-echo-ugly-pro-genocide-propaganda\/\">analogies<\/a> that encourage genocide.<\/p>\n<div id=\"mp3jWrap_2\" class=\"mjp-s-wrapper s-graphic unsel-mjp  verdana-mjp\" style=\"font-size:14px;\"><span id=\"playpause_wrap_mp3j_2\" class=\"wrap_inline_mp3j\" style=\"font-weight:700;\"><span class=\"gfxbutton_mp3j play-mjp\" id=\"playpause_mp3j_2\" style=\"font-size:14px;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/span>&nbsp;<span class=\"group_wrap\"><span class=\"bars_mp3j\"><span class=\"loadB_mp3j\" id=\"load_mp3j_2\"><\/span><span class=\"posbarB_mp3j\" id=\"posbar_mp3j_2\"><\/span><\/span><span class=\"T_mp3j\" id=\"T_mp3j_2\" style=\"font-size:14px;\">CounterSpin240209Banter.mp3<\/span><span class=\"indi_mp3j\" style=\"font-size:9.8px;\" id=\"statusMI_2\"><\/span><\/span><\/span><\/div><span class=\"s-nosolution\" id=\"mp3j_nosolution_2\" style=\"display:none;\"><\/span><script>\nMP3jPLAYLISTS.inline_2 = [\n\t{ name: \"CounterSpin240209Banter.mp3\", formats: [\"mp3\"], mp3: \"aHR0cHM6Ly9tZWRpYS5ibHVicnJ5LmNvbS9jb3VudGVyc3Bpbi9jb250ZW50LmJsdWJycnkuY29tL2NvdW50ZXJzcGluL0NvdW50ZXJTcGluMjQwMjA5QmFudGVyLm1wMw==\", counterpart:\"\", artist: \"\", image: \"\", imgurl: \"\" }\n];\n<\/script>\n\n<script>MP3jPLAYERS[2] = { list: MP3jPLAYLISTS.inline_2, tr:0, type:'single', lstate:'', loop:false, play_txt:'&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;', pause_txt:'&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;', pp_title:'', autoplay:false, download:false, vol:80, height:'' };<\/script>\n<p>&nbsp;<\/p>\n<div style='display:none;' class='shareaholic-canvas' data-app='share_buttons' data-title='Rakeen Mabud on Greedflation' data-link='https:\/\/fair.org\/home\/rakeen-mabud-on-greedflation\/' data-summary='The same people who earn wages also buy groceries, and pretending that we\u2019re pitted against one another is not just mis- but disinformation.' data-app-id-name='category_below_content'><\/div><div style='display:none;' class='shareaholic-canvas' data-app='recommendations' data-title='Rakeen Mabud on Greedflation' data-link='https:\/\/fair.org\/home\/rakeen-mabud-on-greedflation\/' data-summary='The same people who earn wages also buy groceries, and pretending that we\u2019re pitted against one another is not just mis- but disinformation.' data-app-id-name='category_below_content'><\/div><p>The post <a href=\"https:\/\/fair.org\/home\/rakeen-mabud-on-greedflation\/\">Rakeen Mabud on Greedflation<\/a> appeared first on <a href=\"https:\/\/fair.org\/\">FAIR<\/a>.<\/p>\n\n<p class=\"syndicated-attribution\">This post was originally published on <a href=\"https:\/\/fair.org\/home\/rakeen-mabud-on-greedflation\/\">CounterSpin<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"<p>The same people who earn wages also buy groceries, and pretending that we\u2019re pitted against one another is not just mis- but disinformation.<\/p>\n<p>The post <a href=\"https:\/\/fair.org\/home\/rakeen-mabud-on-greedflation\/\">Rakeen Mabud on Greedflation<\/a> appeared first on <a href=\"https:\/\/fair.org\/\">FAIR<\/a>.<\/p>\n","protected":false},"author":43,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8559,422,259,401,13619,262,263],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1491550"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=1491550"}],"version-history":[{"count":27,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1491550\/revisions"}],"predecessor-version":[{"id":1608149,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1491550\/revisions\/1608149"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=1491550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=1491550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=1491550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}