President Joe Biden has criticized corporations for maintaining high prices despite a slowdown in inflation and reduced shipping costs. He emphasized the need for companies to lower prices, attributing the high prices to the companies themselves rather than government policies. Treasury Secretary Yellen also acknowledged the ongoing work needed to address inflation and economic issues.
🔴 US TREASURY SECRETARY YELLEN: THERE'S STILL MORE WORK TO DO ON INFLATION AND ECONOMIC ISSUES.
🔴 BIDEN: WE STILL HAVE MORE WORK TO DO, PRICES ARE STILL TOO HIGH.
🔸BIDEN: STILL HAVE MORE WORK TO DO, PRICES ARE STILL TOO HIGH
Biden Says That Prices Are Still Too High so Companies Should Just Lower Them via @gatewaypundit https://t.co/J2qaoale5I
President Biden touted the lower annualized inflation rate but blamed the companies themselves for higher prices, rather than government policies. https://t.co/fgu1y1iSQG
This week, @POTUS warned companies to bring "prices back down" even as inflation remains higher than the Fed's target. https://t.co/fgu1y1jqGe
President Joe Biden takes aim at corporations for charging prices he says are artificially high even though the rate of inflation has slowed and some shipping costs have fallen. https://t.co/uPB9eF1van