CJR Staff
November 12, 2022

Joe Biden Says It Will Take Some Time For Inflation To Go Down

President Joe Biden has said he plans to change nothing in the coming months and that Americans will just have to wait for inflation to go down.

"Biden defended his economic policies as data showed consumer prices continued to climb in October," reports Breitbart.

"It will take time to get inflation back to normal levels – and we could see setbacks along the way – but we will keep at it and help families with the cost of living," Biden said.

Biden Urges Patience On Inflation

"The Labor Department’s consumer price index rose by 0.4 percent from September. The Consumer Price Index (CPI) is up 7.7 percent year-over-year. Food prices at home rose 0.4 percent in October, which is lower than the 0.7 rate in August and September but still rising," reported Breitbart.

Biden encouraged patience, saying that "we are seeing progress in getting inflation under control."

"Biden’s message was starkly different than the one he sent Americans last year when he said that inflation was only 'temporary,'" reported Breitbart.

During a press conference at the White House, President Biden was extremely cautious about his ability to lower inflation.

"What I can’t do is I can’t guarantee that we’re going to be able to get rid of inflation, but I do think we can," Biden said.

What do you think about this story?

Share your thoughts below.

Source: Breitbart

Don't Wait
We publish the objective news, period. If you want the facts, then sign up below and join our movement for objective news:
Top Story

Hunter’s Art Dealer Holding Out

February 9, 2023
G. McConway
1 2 3 2,078
Get news from American Digest in your inbox.
By submitting this form, you are consenting to receive marketing emails from: American Digest, 3000 S. Hulen Street, Ste 124 #1064, Fort Worth, TX, 76109, US, You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact.