Pages

Friday, December 01, 2023

‘Stop the price gouging’: Biden hits corporations over high consumer costs

President Joe Biden took aim at corporations Monday for charging prices he said were artificially high even though the rate of inflation has slowed and some shipping costs have fallen. 

"Any corporation that has not brought their prices back down, even as inflation has come down, even as the supply chains have been rebuilt, it’s time to stop the price gouging,” Biden said at the launch of a new White House supply chain initiative. “Give the American consumer a break.”

*****

Did that stupid fucker actually believe prices would go back down to pre-Biden levels? Is he that out of touch with reality?