President Joe Biden took to social media Friday, December 8, to acknowledge many Americans still face economic hardship despite new data showing inflation slowing down and steady job growth continuing.
“Inflation has fallen by around two-thirds. But I know prices are still too high for too many Americans,” Biden posted in his first tweet.
While the latest consumer price index report this week signaled inflation dropped to the lowest level this year – Biden conceded the costs of everyday goods and services remain painfully high for millions of citizens.
After commiserating with struggling families, the president then outlined his ongoing efforts to provide relief from expenses weighing on household budgets.
“I’m doing everything in my power to bring down prescription drug costs, health care, and utility bills,” Biden wrote.
He specifically called out eliminating nuisance fees tacked on by various industries “that rip off consumers.”
In a second post, likely reacting to November’s jobs report also released this week, Biden touted the addition of another 199,000 jobs last month.
He noted over 14 million positions have been added since he entered the Oval Office.
“That’s more than 14 million additional Americans who know the dignity and peace of mind that comes with a paycheck,” Biden posted, trying to convey his administration’s economic progress.
However, between Biden’s two tweets lies the implicit admission that while inflation may be slowing and jobs increasing, it provides little comfort to families whose “dignity and peace of mind” are still threatened by the rising costs plaguing household spending.
Essentially, Biden attempted to carefully walk a political tightrope – validating economic anxiety still felt by many voters across the country while presenting his inflation reduction and job creation records as cause for hope things can steadily improve.
The posts came as Biden tried halting his predecessor’s momentum one month after Republicans credibly blamed the president’s policies for 40-year high inflation levels in their midterm election wave.
With former President Donald Trump already battering Biden over the economy in preparation for a potential 2024 rematch, the White House hopes numbers slowly moving in the right direction can help prevent history from repeating itself.
But Biden also knows genuineness can go far, as reflected Friday when he straightforwardly acknowledged the economic reality staring struggling Americans directly in the face right now while trying to reassure them he sees them – and is actively working for them.
The posts came as Biden tried halting his predecessor’s momentum one month after Republicans credibly blamed the president’s policies for 40-year high inflation levels in their midterm election wave.
With former President Donald Trump already battering Biden over the economy in preparation for a potential 2024 rematch, the White House hopes numbers slowly moving in the right direction can help prevent history from repeating itself.
But Biden also knows genuineness can go far, as reflected Friday when he straightforwardly acknowledged the economic reality staring struggling Americans directly in the face right now while trying to reassure them he sees them – and is actively working for them.