There was a day when Robert Reich was a reasonable, respectable person, but those days are long since passed.
This article is just gobbledygook.
Punish Americans for rising prices? America isn't doing anything like that at all. Our legislators have been engaged in fiscally stupid policies, but that's not about punishing anybody for rising prices, that's about deficit spending that bids up prices for everybody.
Not that Reich is going to admit to that anytime soon as it doesn't jive with his political stances.
There's no real solution here. There's just distraction from the real problems.