While many are waiting to see how far Biden and this administration will go to put the blame for record inflation on American companies.
93% of Americans are concerned or very concerned about inflation... but rather than backing away from the reckless spending plan, the administration has rolled out a series of flawed talking points in an effort to prop up Biden’s dismal approval ratings https://t.co/hHmkfXwue8— Heritage Foundation (@Heritage) November 22, 2021
But inflation continues to rise at record levels. In October, inflation pushed prices of consumer goods up by the most in three decades.
The president has tried to team up with large retailers to reassure Americans that there will not be shortages of goods during the Christmas and Thanksgiving season.
“Walmart and Target have made public today what they told me about a week ago: that they’re stocked up for the holiday season, their inventories are up, and they’ll have all the toys, food, and other items that shoppers are looking for in the holiday season,” Biden said at an event in Detroit last week. “That’s going to happen.”
But the White House remains unprepared to handle rising inflation on Biden’s watch.