Posted on 12/01/2023 12:21:56 PM PST by ChicagoConservative27
President Joe Biden addressed the issue of inflation in the US, blaming corporations for price gouging and high prices, while introducing a new government measure to control the economy.
Experts have criticized Biden’s statement, in that he has no experience in the private sector and is not taking responsibility for the inflation caused by the government’s incredible spending spree.
“Let me be clear: To any corporation that has not brought their prices back down — even as inflation has come down, even as supply chains have been rebuilt — it’s time to stop the price gouging, giving the American consumer a break,” Biden said.
(Excerpt) Read more at msn.com ...
Congress created new base spending which is approx 1/3rd more that created the inflation and bad economy.
In 2019, Congress spent $4.4 trillion, Sen. Ron Johnson (R-WI) said.
In 2023, the federal government is expected to spend $6.3 trillion.
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