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Economy

Biden Acknowledges Inflation, Says Massive Spending Bills Will Solve It

Whitehouse.gov

By Ben Zeisloft

DailyWire.com

President Joe Biden argued that multitrillion-dollar social spending bills would help Americans cope with rising living expenses.

Since the beginning of 2021, inflation has skyrocketed from 1.4% to 5.4%, pinching families attempting to pay for gasoline, food, and other essentials. Though wages are increasing, price levels are increasing faster — causing households to lose purchasing power.

Click the link below to read the rest of this story.

https://www.dailywire.com/news/biden-acknowledges-inflation-says-massive-spending-bills-will-solve-it

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