Author Topic: Biden Tries To Calm Fears As Inflation Continues To Soar  (Read 132 times)

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Biden Tries To Calm Fears As Inflation Continues To Soar
« on: February 10, 2022, 04:34:01 pm »
Biden Tries To Calm Fears As Inflation Continues To Soar


Shelby Talcott
Senior White House Correspondent
February 10, 2022 11:10 AM ET


President Joe Biden tried to calm fears Thursday after the Consumer Price Index (CPI) report showed a continued rise in inflation.

“We will make it through this challenge,” Biden told Americans in a statement.

The U.S. Bureau of Labor Statistics (BLS) shows the CPI increased 0.6% in January, marking a 7.5% growth on a year-over-year basis. Economists had projected the index would increase to around 7.2%.

The president issued a statement Thursday morning, highlighting his priorities and trying to focus on his administration’s “historic success.”

“My two top economic priorities have been to create a growing economy with more good-paying jobs, and to lower the prices Americans have faced from the global problem of inflation related to the pandemic,” Biden said. “We have seen historic success on the first priority, with the greatest year of job growth in history, Americans finding better jobs, better wages, and better benefits, along with the fastest economic growth in decades.”

The president also tried to reassure Americans that the challenge of inflation has a light at the end of the tunnel.

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https://dailycaller.com/2022/02/10/joe-biden-inflation-index-cpi-surges-statement/
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Offline Kamaji

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Re: Biden Tries To Calm Fears As Inflation Continues To Soar
« Reply #1 on: February 10, 2022, 04:41:23 pm »
Not with you, we won't.  It is you and your policies that are helping to drive the inflation rate, not tamp it down.

Offline LMAO

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Re: Biden Tries To Calm Fears As Inflation Continues To Soar
« Reply #2 on: February 10, 2022, 07:31:06 pm »
From the article……

“The president also tried to reassure Americans that the challenge of inflation has a light at the end of the tunnel.”

What is that? Depleted savings? More expensive grocery bills to feed families?
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Offline Killer Clouds

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Re: Biden Tries To Calm Fears As Inflation Continues To Soar
« Reply #3 on: February 10, 2022, 11:48:56 pm »
Quote
The president issued a statement Thursday morning, highlighting his priorities and trying to focus on his administration’s “historic success.”

What success would that be?