• Polling

Four in Five Americans View Corporate Greed As Causing Inflation

Tuesday, July 26, 2022 By Bryan Bennett
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Welcome to NAVIGATOR – a project designed to better understand the American public’s views on issues of the day and help advocates, elected officials, and other interested parties understand the language, imagery, and messaging needed to make and win key policy arguments.
Key takeaways
  • Though a majority still say gas prices are rising “a lot,” the share who say so has declined by double digits since June, and a third say they are paying less for gas now than a few weeks ago.
  • Majorities agree with a statement about Big Oil CEOs price gouging Americans while Biden and Democrats are trying to bring down gas prices.
  • While Democrats and independents blame corporate greed most as a cause of inflation, Republicans blame government spending.

Americans Remain Negative About the National Economy and Their Personal Financial Situations

Bipartisan majorities rate the economy negatively and say they are uneasy about their personal financial situation – only Black Americans say they are more confident (52%) than uneasy (44%).

As Share Reporting Gas Prices “Going Up a Lot” Declines, a Third Say They’re Paying Less Than They Did a Few Weeks Ago

There has been a 21-point decline overall in the share who say gas prices are “going up a lot” since mid-June (from 92% to 71%). At the same time, one in three Americans (33%) say they are paying less today for gas than they were a few weeks ago.

Three in Five Agree Big Oil CEOs Using the Pandemic/War as Excuses to Raise Prices While Democrats Are Pushing Back

More than four in five Democrats (86%) and 65% of independents agree with this statement.

Democrats and Independents Blame Corporate Greed, Republicans Government Spending Most for Inflation

Two in three Democrats and independents (66% each) say “corporations being greedy and raising prices to make record profits” is a major cause of inflation, while just 35% of Republicans say the same; three in four (75%) Republicans blame government spending.



About The Study

Global Strategy Group conducted public opinion surveys among a sample of 1,002 registered voters from July 14-July 18, 2022. 108 additional interviews were conducted among Hispanic voters. 67 additional interviews were conducted among Asian American and Pacific Islander voters. 104 additional interviews were conducted among African American voters. 97 additional interviews were conducted among independent voters.

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About Navigator

In a world where the news cycle is the length of a tweet, our leaders often lack the real-time public-sentiment analysis to shape the best approaches to talking about the issues that matter the most. Navigator is designed to act as a consistent, flexible, responsive tool to inform policy debates by conducting research and reliable guidance to inform allies, elected leaders, and the press. Navigator is a project led by pollsters from Global Strategy Group and GBAO along with an advisory committee, including: Andrea Purse, progressive strategist; Arkadi Gerney, The Hub Project; Joel Payne, The Hub Project; Christina Reynolds, EMILY’s List; Delvone Michael, Working Families; Felicia Wong, Roosevelt Institute; Mike Podhorzer, AFL-CIO; Jesse Ferguson, progressive strategist; Navin Nayak, Center for American Progress Action Fund; Stephanie Valencia, EquisLabs; and Melanie Newman, Planned Parenthood Action Fund.

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