Biden WH Refuses to Take Responsibility for Inflation, Says Companies Need to Lower Their Prices
Sarah Arnold
Since President Joe Biden has taken office, Americans are struggling to pay bills and live paycheck to paycheck as prices for daily essentials continue to rise.
However, according to the White House, it is not Biden's fault for a failing economy, but rather companies for pricing their goods too high.
On Friday, White House National Economic Council Director Lael Brainard blamed Americans' current financial struggle on companies raising their prices, claiming they are confident with their wages.
NPR Co-host Ari Shapiro pointed out that Americans are unhappy with Biden's economy, saying inflation keeps worsening.
"That has been the case for almost every month of Biden's time in office. How do you account for this disconnect?" Shapiro noted.
"Well, while the jobs picture is very bright, we know that many Americans are worried that some things are not affordable. And that's why the president is focused on fighting to bring down costs for hard-working Americans. For instance, the president believes it just isn't right that prescription drugs are practically unaffordable for many Americans, and that's why he's fighting to lower healthcare costs. He got great legislation to cap insulin costs for seniors at $35 a month. That's down from $400 for many. You know, we also are capping out-of-pocket drug costs for seniors at $2,000 per year. And Medicare has the authority now to negotiate prices, starting with ten drugs next year," Brainard said.
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https://townhall.com/tipsheet/saraharnold/2023/12/09/biden-wh-people-feel-good-about-finances-but-companies-need-to-lower-their-prices-n2632217
