It’s his BIG PROBLEM…..
He NEEDS to deal with it…..
It’s beating his poll numbers down HARD…..
And he’s right…..
Prices ARE thru the roof on things….
President Joe Biden is reemphasizing his focus on an economic populism with a strategy that browbeats big business for not bringing down prices in the face of slowing inflation, an apparent response to voters expressing pessimism about the state of the American economy.
Speaking at a White House event on rebuilding the supply chain this week, Biden struck an aggressive toward businesses that have kept prices high.
“Let me be clear: To any corporation that has not brought their prices back down – even as inflation has come down, even supply chains have been rebuilt – it’s time to stop the price gouging,” Biden said in a speech where he admitted that “prices are still too high for too many things” and that “times are still too tough for too many families.”
“It’s time for these companies to stop war profiteering, meet their responsibilities to this country, and give the American people a break and still do very well,” he said at an event about oil companies ahead of the 2022 midterms.
But it also comes at a time when polls show voters are pessimistic about the state of the economy despite improving economic indicators, including a strong job market….
Note….
President Biden HAS don good things for American’s wallets….
But?
He’s NOT been good at pointing to WHAT he has done…..
image….President Joe Biden speaks about his Bidenomics agenda at Tioga Marine Terminal in Philadelphia, Pennsylvania, on October 13, 2023. Andrew Caballero-Reynolds/AFP via Getty