WATCH: Biden shifts blame away from administration after admitting prices 'still too high'
Fox News
President Biden admitted that consumer prices were "still too high," but tried to shift the blame for them away from his administration and to corporations.
"Wages for working families have gone up while inflation has come down 65%, giving families a little more money in their pockets, a little more breathing room this holiday season," Biden said. "But we know that prices are still too high for too many things, that times are still too tough for too many families. We've made progress, but we have more work to do." Brandon Gillespie is an associate editor at Fox News. Follow him on Twitter at @brandon_cg.
"Let me be clear: Any corporation that's not brought their prices back down even as inflation has come down, even as supply chains have been rebuilt, it's time to stop the price gouging. Give the American consumer a break," he added.
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