For years, socialists and progressives have peddled a narrative that the true cause of soaring inflation is not the trillions of dollars printed and spent by the government during the pandemic, but corporate greed. That argument never made much sense to those educated in economics, yet even the everyday person can surely see how silly it is now that corporations are slashing their prices en masse.
Target just announced that it is reducing prices on more than 5,000 items, such as milk, meat, bread, soda, fresh fruit and vegetables, snacks, yogurt, peanut butter, coffee, diapers, paper towels, and pet food.