President Joe Biden touted the economic policies he dubbed 'Bidenomics' in a speech Wednesday as persistently high inflation continues to strain Americans' household budgets.
delivered a speech Wednesday touting his record on the economy as a vindication of the progress made through "Bidenomics" – but persistently high inflation continues to force Americans to stretch their household budgets as prices remain elevated.
"Bringing down inflation remains one of my top priorities," Biden said. "Today, inflation is less than half – less than half of what it was a year ago – and that inflation caused by Russia and by the war in Ukraine and by what was going on."
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