Biden’s Empty Inflation Rhetoric
With US consumer prices growing at their fastest pace in four decades, inflation has become the single-most important economic policy issue. But you wouldn't know it from watching the Biden administration, which has maintained most Trump-era tariffs and other measures driving up prices.
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WASHINGTON, DC – In response to surging prices, US President Joe Biden declared this month that “fighting inflation” is his “top economic priority.” He promises that his administration “will continue to do everything we can to lower prices for the American people.” Yet notwithstanding such statements of commitment, Biden has refused to lift the Trump administration’s tariffs on goods imported from China.