‘That Strength That We’ve Built Is Inflation’: Biden Attempts To Explain Plan To Address Rising Prices
President Joe Biden said inflation was both a strength and a threat in an apparent gaffe during a Tuesday speech discussing his plans for tackling inflation and lowering costs.
“I agree with what [Federal Reserve Board] Chairman Powell said last week: that the number one threat is the strength, and that strength that we’ve built is inflation,” Biden said. “So the Fed should do its job, and it will do its job, I’m convinced, with that in mind.”
Biden grew more articulate as he continued through his remarks and discussed his plan...