Biden Says That Costs Are Nonetheless Too Excessive so Corporations Ought to Simply Decrease Them | The Gateway Pundit

Joe Biden has apparently observed that the value of all the pieces is far larger on his watch than a couple of years in the past. He’s now asking sellers to simply decrease their costs.

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

Corporations don’t decrease costs simply because inflation is politically inconvenient for the president and his get together.

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

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

From the New York Post:

Biden admits costs ‘too high’ however blames sellers for 18% inflation

President Biden acknowledged Monday that costs are nonetheless “too high” and argued that corporations ought to decrease them after an 18% leap in client prices since he took workplace.

“We know that prices are still too high for too many things — that times are still too tough for too many families,” the 81-year-old stated close to the White Home.

“We’ve made progress, but we have more work to do,” Biden added. “Let me be clear to any corporation has not brought their prices back down, even as inflation has come down, even supply chains have been rebuilt: It’s time to stop the price gouging and give the American consumer a break.”

The costs of some items, akin to meals merchandise, are anticipated to say no within the coming months, however durations of normal deflation are uncommon in US historical past.

Biden beforehand used his bully pulpit to attempt to stress oil corporations to take motion to decrease gasoline costs final yr.

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

Joe thinks companies ought to simply
willingly take losses on gross sales to offset the influence of inflation he helped create?

This, after he simply spent his Thanksgiving vacation at his billionaire donor’s coastal mansion? Have to be good!

— Kelkat (@Tweetytweeter63) November 27, 2023

Simply final week, he was bragging about decreasing costs.

Of us, regardless of the place you are headed this vacation season, you will be heading there for much less.

Gasoline costs are down $1.70 from their peak, airfares are down 13%, and automobile rental costs are down about 10%.

And we’re not finished taking motion to get these costs down much more.

— President Biden (@POTUS) November 22, 2023

Nothing about this administration is sensible.