#Inflation soared under President #Biden in 2021 & 2022, as the #economy emerged from the #pandemic recession [that began under Trump]. Its causes were complex, including snarled #SupplyChains, stimulative policies by the #FederalReserve &, to a degree, federal fiscal policies incl’ing #Covid relief bills signed by #Trump &…Biden.
What #Republicans call “Bidenflation” has become one of the president’s biggest liabilities in his rematch w/ #Trump. In response, #Biden has sought to simultaneously cheer #progress in #stabilizing or bringing down #prices — #growth has slowed sharply from a yr ago — while acknowledging the pain #voters still feel in their pocketbooks.
Biden has also attacked #corporations for pricing practices in certain sectors such as meatpacking, snack foods, concert tickets & gasoline.