President Joe Biden addressed the issue of inflation in the US, blaming corporations for price gouging and high prices, while introducing a new government measure to control the economy.
Experts have criticized Biden’s statement, in that he has no experience in the private sector and is not taking responsibility for the inflation caused by the government’s incredible spending spree.
“Let me be clear: To any corporation that has not brought their prices back down — even as inflation has come down, even as supply chains have been rebuilt — it’s time to stop the price gouging, giving the American consumer a break,” Biden said. (Trending: Chilling Surveillance Program Under Biden Exposed)
.@POTUS: "To any corporation that has not brought their prices back down, even as inflation has come down, even as supply chains have been rebuilt – it's time to stop the price gouging."
President Biden on Monday afternoon announced new efforts to strengthen America’s supply… pic.twitter.com/0MPY8SBkTa
— The Hill (@thehill) November 27, 2023
“Cheerlead massive union (and other) wage increases, but target companies when they have to pay the bill for them?” energy analyst Patrick de Haan wrote.
Biden and the Democratic Party are pushing for a government takeover of the economy, which is not beneficial for the country.
Cheerlead massive union (and other) wage increases, but target companies when they have to pay the bill for them? 🤦♂️
‘Stop the price-gouging’: Biden hits corporations over high consumer costs @CNBC https://t.co/KFfamRd4JH
— Patrick De Haan ⛽️📊 (@GasBuddyGuy) November 28, 2023
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