Inflation is hitting us hard. Prices for food, gas and basic necessities are out of control. Shortages of baby formula are forcing parents to travel, sometimes out of state, in order to feed their children. Meanwhile, billionaires like Elon Musk get richer even as our economy teeters towards a recession.
Send the message: we need extra money in our pockets to cover these costs now.
While inflation and supply chain issues are complex with many contributing factors, the reality is simple: folks across the country are even less able to afford basic goods as costs rise, new COVID variants spread, and wages continue to stagnate. It doesn't have to be so hard for so many of us. Basic income, which is similar to social security for everyone or monthly stimulus checks, is a bold step towards rebuilding our economy from the ground up.
More than 160,000 people have signed the petition. Join them today! Urge Congress to take bold action to make sure no one gets left behind in this volatile economy.
When we talk about supporting people with cash during these high inflation times, we mean we should take some of the huge profits corporations are reaping and give them back to people. Coca-Cola, Comcast, Amazon and Tesla are experiencing record-breaking profits, while also increasing costs for consumers. If we don't print more money, but rather redistribute what's already in the economy, we are helping people while minimizing future inflation.
But don't take our word for it: hear what economists Ioana Marinescu and Claudia Sahm say about how Congress can help people AND limit future cost increases.
Food banks are again struggling to meet demand as inflation soars to a 40-year high.
As prices rise, wages stagnate: inflation is making the cost of everyday necessities untenable for millions of Americans.