I hope President Biden doesn’t show up for his State of the Union address on Thursday with a Snickers bar.
Biden is obsessed with high prices because voters are, and he knows that to beat Donald Trump in November he needs to make a strong case that he’s wrestling inflation to the ground.
But there are good ways and bad ways to fight inflation.
One of the bad ways, I think, is to put the blame on price gouging and corporate greed, as Biden has done on numerous occasions.
Gouging refers to abrupt, extreme price increases to take advantage of temporary scarcity, often accompanied by hoarding.
Persons:
Biden doesn’t, Biden, Donald Trump
Organizations:
Politico, Times