Source: Cato Institute
by Ryan Bourne
In recent weeks, the White House has been the main aggressor in The War on Prices. First came the public outrage over Amazon daring to label price hikes as the direct result of President Trump’s tariffs — an accurate but politically inconvenient truth that quickly led the company to retreat. Then, in the surreal theatre of Saturday-night Truthing, Trump demanded that Walmart ‘EAT THE TARIFFS,’ warning them publicly to swallow higher costs rather than raise prices for consumers. The President’s press secretary piled on, ominously hinting that President Trump was ‘watching’ closely. This jawboning of private companies’ pricing decisions, and blaming firms for the inevitable effects of President Trump’s tariffs, is as predictable as it is regrettable. It’s straight from the progressive left’s playbook, which similarly blamed companies for the stimulus-driven inflation spike.” (05/19/25)
https://www.cato.org/commentary/right-wing-greedflation-myth-begins