Biden Says That Prices Are Still Too High so Companies Should Just Lower Them

Joe Biden has actually obviously observed that the cost of whatever is much greater on his watch than a couple of years earlier. He is now asking sellers to simply decrease their rates.

As a viral industrial as soon as stated. That’s not how this works. That’s not how any of this works.

Companies do not lower rates even if inflation is politically troublesome for the president and his celebration.

Biden states rates ‘too expensive,’ asks sellers to decrease them after 18% inflation https://t.co/XYThX6mYbV pic.twitter.com/THADR6SAsC

— New York Post (@nypost) November 27, 2023

From the New York Post:

Biden confesses costs ‘too expensive’ however blames sellers for 18% inflation

President Biden acknowledged Monday that costs are still “expensive” and argued that business must decrease them after an 18% dive in customer expenses given that he took workplace.

” We understand that rates are still too expensive for a lot of things– that times are still too difficult for a lot of households,” the 81- year-old stated near the White House.

” We’ve made development, however we have more work to do,” Biden included. “Let me be clear to any corporation has actually not brought their rates pull back, even as inflation has actually boiled down, even provide chains have actually been reconstructed: It’s time to stop the cost gouging and provide the American customer a break.”

The rates of some items, such as food, are anticipated to decrease in the coming months, however durations of basic deflation are unusual in United States history.

Biden formerly utilized his bully pulpit to attempt to push oil business to do something about it to lower gas costs in 2015.

Is it too late for Biden to take a fundamental economics course?

Joe believes companies should simply
voluntarily take losses on sales to balance out the effect of inflation he assisted develop?

This, after he simply invested his Thanksgiving vacation at his billionaire donor’s seaside estate? Should be great!

— Kelkat (@Tweetytweeter63) November 27, 2023

Just recently, he was extoling decreasing costs.

Folks, no matter where you’re headed this holiday, you’ll be heading there for less.

Gas rates are down $1.70 from their peak, air travels are down 13%, and vehicle rental costs are down about 10%.

And we’re refrained from doing something about it to get those rates down much more.

— President Biden (@POTUS) November 22, 2023

Nothing about this administration makes good sense.

The post Biden Says That Prices Are Still Too High so Companies Should Just Lower Them appeared initially on The Gateway Pundit

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