POLITICS: In a recent speech delivered to (), President Joe Biden castigates US grocery store merchants over excessively high prices. President Biden faults major corporations for the enormous hikes in grocery items ,however, encouraging Americans stating that prices are beginning to drop as the inflation rate , also, falls.
By Michelle Crawford-Sapenter.
"Down from 9.1 percent this summer. Inflation is now at its lowest level since October of 2021."--President Joe Biden
President Biden spoke st the South Court Auditorium Eisenhower Executive Office Building only 20 days ago stating his confidence in the statebifvtgecUS economy.
"My administration took action to get more oil onto the market and bring down prices. Now, gas is down more than $1.70 from its peak."--US President Joe Biden
Biden commented on the decreasing level of the inflation rate indicating that inflation has come down in the r last 6 months, decreasing to 6.5% in the last 12 months.
"The cost of goods is actually falling as prices for everything from computers to used cars are coming down as well."-- President Joe Biden
President Biden makes no excuses about tge fault iftge state of economy and the declining rate of inflation however, Smericsns are aware of the exxirbitant cost of responding to COVID-19. Despite the added agony of getting beyond the pandemic, the cost put against the federal government, paired with scarcity which drives up ptices has been felt by everyone in a nation determined to survive reached $8.1-$14T.
The President commented in reference to the last month to month calculations stating that inflation fell to 1.8%, Biden states, " on an annualized basis" Inflation has fallen from 11% during the first 3 months of 2023.
While food inflation and gas prices continue to fall, whike 'core inflation'--that includes energy cost-- has , also declined.
Bidenomics has pushed the economy forward and , as Vongresswoman Maxine Waters stated, today, tge public expects that every key note speech promise should be carried forth immediately. In reality, Waters stated, carrying forth presidential measures is a time jonired process and that process is a series of events that must be respected . Waters added, President Biden accomplished much more in the last 3 years and has returned goods on every key platform stated prior to his being seated as US President.
While a majority of America still believes that Joe Biden is, possible the best, Biden is certainly the most skilled, experienced and most compassionate President in US history.
In the most recent poll readings, the status of both Biden and Trump display a wide margin that indicates President Biden with 96% victory in ofimsries whike Trump fell beneath Biden by 45%, the trust and confidence in President Joe Biden remains darker ahead of Donald Trump, Biden's rivsl candidate who is , actually, running as an incumbent.
I ask Americans, is this the perpetuation of an entrenched, pattern behavior?
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