Author Topic: Biden touts plans for lowering prices as inflation surge continues (Read 7520 times)

mystery-ak · « **on:** January 25, 2022, 02:16:25 am »

Biden touts plans for lowering prices as inflation surge continues
The president is focused on increasing competition, pointing to issues he says have been a problem for 'decades'

By Breck Dumas FOXBusiness

President Biden held a meeting with White House officials Monday to discuss the administration's plan for combating rising prices as inflation continues to surge throughout the U.S., reaching levels not seen in 40 years.

In remarks ahead of the meeting, the president touted an executive order he signed in July aimed at increasing competition by cracking down on larger firms in industries that the administration sees as too "consolidated," referring to the issue as a decades-old problem the federal government needs to address.

Biden then pointed to an NYU study he says showed that "between generating higher prices and lower wages, lack of competition cost the median American family household … $5,000 a year," saying, "My executive order is changing that."

The president went on to point to directives implemented by federal agencies as a result of the executive action, including lifting restrictions on where people can get electronics like smartphones repaired, allowing folks to buy hearing aids without a prescription and addressing non-compete clauses that restrict workers from taking jobs from an employer's competitors within a period of time.

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https://www.foxbusiness.com/politics/biden-touts-plans-for-lowering-prices-as-inflation-surge-continues

libertybele · « **Reply #1 on:** January 25, 2022, 02:35:41 am »

God help us...he'll only make things even worse...all by design.

Kamaji · « **Reply #2 on:** January 25, 2022, 02:49:42 am »

IsailedawayfromFR · « **Reply #3 on:** January 25, 2022, 02:54:42 am »

This is classic.

Leftists always create problems so they can take you money you solve those problems.

IsailedawayfromFR · « **Reply #4 on:** January 25, 2022, 03:06:20 am »

Here's one of his actions to solve the problem

Killer Clouds · « **Reply #5 on:** January 25, 2022, 03:44:57 am »

Traitor Joe can't solve any problems. He is completely clueless as to why the problems are there to begin with.

roamer_1 · « **Reply #6 on:** January 25, 2022, 03:56:45 am »

I've got a plan....
STOP spending money
STOP this covid bullcrap.
Encourage employment
Tear down the road blocks to industry.
Suspend needless regulation.

and more than anything, fire up the furnaces and start shoveling Benjamins in nonstop for a few years.
Inflation is BECAUSE you've watered down the money.

cato potatoe · « **Reply #7 on:** January 25, 2022, 04:11:24 am »

Biden inherited this mess from Trump, but he has done nothing to reverse the harmful policies. Quite the opposite. Now he owns the inflation.

roamer_1 · « **Reply #8 on:** January 25, 2022, 04:18:34 am »

Quote from: cato potatoe on January 25, 2022, 04:11:24 am

Biden inherited this mess from Trump, but he has done nothing to reverse the harmful policies. Quite the opposite. Now he owns the inflation.

That's right.

christian · « **Reply #9 on:** January 25, 2022, 04:50:47 am »

Biden lied to Americans about spending, economy, energy, and inflation, and laughing as he did so, because he new fools supplied with with enough support that being demented he could not/would not be held to account. Even abandoned Americans in Afghanistan and trashed Afghanistan and Americas allies standing in the world. ! As a backup, democrats/Biden began fortifying government buildings just in cause enough angry Americas caught on to what is being perpetrated.
Liars deniers, this is your handiwork just as much as Biden and his global cohorts.
Obama's daddy must be exceedingly proud now, as must sonny.

Hoodat · « **Reply #10 on:** January 25, 2022, 05:23:16 am »

Quote from: mystery-ak on January 25, 2022, 02:16:25 am

In remarks ahead of the meeting, the president touted an executive order he signed in July aimed at increasing competition by cracking down on larger firms in industries that the administration sees as too "consolidated," referring to the issue as a decades-old problem the federal government needs to address.

Biden then pointed to an NYU study he says showed that "between generating higher prices and lower wages, lack of competition cost the median American family household … $5,000 a year," saying, "My executive order is changing that."

I did not know that this magnitude of stupid was possible.

Smokin Joe · « **Reply #11 on:** January 25, 2022, 09:34:23 am »

Quote from: Hoodat on January 25, 2022, 05:23:16 am

I did not know that this magnitude of stupid was possible.

Knowledge is limited, and wisdom even more so, but stupidity is boundless.

LMAO · « **Reply #12 on:** January 25, 2022, 11:48:29 am »

Quote from: cato potatoe on January 25, 2022, 04:11:24 am

Biden inherited this mess from Trump, but he has done nothing to reverse the harmful policies. Quite the opposite. Now he owns the inflation.

And there’s people who want to give him another term.

I predict price controls. Or at least proposed

LMAO · « **Reply #13 on:** January 25, 2022, 11:56:05 am »

Quote from: roamer_1 on January 25, 2022, 03:56:45 am

I've got a plan....
STOP spending money
STOP this covid bullcrap.
Encourage employment
Tear down the road blocks to industry.
Suspend needless regulation.

and more than anything, fire up the furnaces and start shoveling Benjamins in nonstop for a few years.
Inflation is BECAUSE you've watered down the money.

It would be nice to see TEA Party protests again except that they sold their souls to Donald Trump on spending

roamer_1 · « **Reply #14 on:** January 25, 2022, 01:33:15 pm »

Quote from: LMAO on January 25, 2022, 11:56:05 am

It would be nice to see TEA Party protests again except that they sold their souls to Donald Trump on spending

Maybe at a federal level... I am still tangentially associated at a regional level... as far as I know, TEA is still TEA.... with much of the activist structure still preserved. But, between murder turtle and Tumpy's parade, they can't get at any political air.

christian · « **Reply #15 on:** January 27, 2022, 04:34:39 am »

Damning Trump for spending, spending that was restoring America, and leaving out Bidens spending, giving Biden a pass. Seems we had that give Biden a pass crap, and it put us in the mess we are now in, but, but, but, keep taking cheap shots are Trump and his followers. As if that hasn't been tried with disastrous results. Clearly a severe learning blockage.....

Hoodat · « **Reply #16 on:** January 27, 2022, 04:50:37 am »

Quote from: christian on January 27, 2022, 04:34:39 am

Damning Trump for spending, spending that was restoring America, . . .

Spending money you don't have is called 'destroying America', not restoring America.

roamer_1 · « **Reply #17 on:** January 27, 2022, 07:03:42 am »

Quote from: Hoodat on January 27, 2022, 04:50:37 am

Spending money you don't have is called 'destroying America', not restoring America.

That ain't nothing but right.

Wingnut · « **Reply #18 on:** January 27, 2022, 01:23:30 pm »

Bidens 1st year in office will be his best year in office.

LMAO · « **Reply #19 on:** January 27, 2022, 04:50:20 pm »

Quote from: christian on January 27, 2022, 04:34:39 am

Damning Trump for spending, spending that was restoring America, and leaving out Bidens spending, giving Biden a pass. Seems we had that give Biden a pass crap, and it put us in the mess we are now in, but, but, but, keep taking cheap shots are Trump and his followers. As if that hasn't been tried with disastrous results. Clearly a severe learning blockage.....

I haven’t seen a single individual here who had given Biden pass on spending. However, I’ve seen some here that either ignore the spending under Donald Trump or defend it

DefiantMassRINO · « **Reply #20 on:** January 27, 2022, 04:58:48 pm »

When will the FTC breakup Amazon Web Services from Amazon.com?

Its the profits from Amazon Web Services that allow Amazon.com to implement predatory loss leader pricing to put competitors out of business.

DefiantMassRINO · « **Reply #21 on:** January 27, 2022, 05:08:13 pm »

Is the government going to stop inflationary mandates upon industry, such as requiring ethanol in gasoline?

Those mandates raise the price of corn and gasoline.

Fishrrman · « **Reply #22 on:** January 28, 2022, 01:35:18 am »

cato complains:
"Biden inherited this mess from Trump..."

Hmmm.... "mess"???

You mean, the mess of a border that was under control?
You mean, the mess of an America that was increasingly energy-independent?
You mean, the mess of a policy towards China that showed strength, and produced results?
You mean, the mess of a strong economy (until covid hit)?
You mean, the mess of inflation under control?

A "mess", indeed!

christian · « **Reply #23 on:** January 28, 2022, 05:06:23 am »

Odd how so many insist on Bidens screw-ups are Trumps fault,despite biden has aggressively reverseda great deal of what Trump accomplished. Blind fools think forced energy dependence vs Trumps well established energy dependence and jobs for Americans its Trumps fault and Bidens innocence, REALLY. Lies and dementia are running rampant among-st Biden supporters, not that they will succeed in convincing many people with that lieing outrageous agenda.

Hoodat · « **Reply #24 on:** January 28, 2022, 06:20:05 am »

Quote from: LMAO on January 25, 2022, 11:56:05 am

It would be nice to see TEA Party protests again except that they sold their souls to Donald Trump on spending

The TEA Party was completely betrayed by the GOP Establishment immediately following the 2010 election. That was long before Trump appeared on the scene.