Robert Reich explains why Americans feel squeezed by high prices

Summary

The Guardian enlisted columnist and former labor secretary Robert Reich to answer readers’ questions about rising costs in the US. The video discusses Americans’ struggles to afford gas and groceries and cut back on luxuries, with Reich explaining market factors behind the price of a $16 cheesesteak and how AI is affecting the cost of a Nintendo Switch 2.

Timeline

1. The Guardian

   15 Oct 2026, 09:45 UTCSource ↗

   The Guardian reports that Robert Reich answered readers’ questions about high prices, discussing market factors behind the cost of a $16 cheesesteak and AI’s role in the price of a Nintendo Switch 2.