“Prices are up because these corporations are scheming to drive them up.”
What PolitiFact found
Corporate profits have grown faster than inflation since 2019, and some analyses point to a role for corporate greed. But most economists told PolitiFact inflation was primarily caused by rising costs for goods and labor
Their words, from the summary they publish with the rating.
In short
Bob Casey (Senator) made this claim around 22 August 2024. PolitiFact (United States) looked into it and published its finding on 28 August 2024, 6 days later. Its rating was “Mostly False”.
Bob Casey has 3 checked claims in this archive. Fact-checking organisations rated 2 of them false or fake, 1 misleading or mixed and 0 true.
Where the claim appeared
- YouTube videohttps://www.youtube.com/watch?v=QaXqdmm_Fsk
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.