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Why are prices so high? Robert Reich answers your questions – Stateside with Kai and Carter

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Guardian Business
By Hosted by Kai Wright and Carter Sherman with Robert Reich . Produced by Suzanne Gaber, engineered by Ivan Kuraev, executive producers Anabel Bacon and Rachel Humphreys
10/15/2026, 9:45:09 AM
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Why are prices so high? Robert Reich answers your questions – Stateside with Kai and Carter
EXECUTIVE SUMMARY

The vast majority of Americans say they are struggling to pay for gas and groceries, and are cutting back on luxuries. But what or who is actually behind these price rises? We asked you to tell us what's gotten too expensive in your own life. Now, Kai Wright and Carter Sherman enlist Guardian columnist and former labor secretary Robert Reich to explain why you’re feeling the pinch. From breaking down the market factors behind the cost of a $16 cheesesteak, to explaining why AI is playing into th

Key Takeaways

  • Why are prices so high?
  • Robert Reich answers your questions – Stateside with Kai and Carter.
  • The vast majority of Americans say they are struggling to pay for gas and groceries, and are cutting back on luxuries.

The vast majority of Americans say they are struggling to pay for gas and groceries, and are cutting back on luxuries. But what or who is actually behind these price rises? We asked you to tell us what's gotten too expensive in your own life. Now, Kai Wright and Carter Sherman enlist Guardian columnist and former labor secretary Robert Reich to explain why you’re feeling the pinch. From breaking down the market factors behind the cost of a $16 cheesesteak, to explaining why AI is playing into the price of a Nintendo Switch 2, Reich reveals who you should point the finger at in this economy. Additional music by Epidemic SoundRobert Reich has written this week’s edition of How We Win, a pop-up opinion newsletter with bold ideas for defeating Trumpism. Sign up hereSend us your questions on how the US economy is shaping the US election Continue reading...

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