The first cause of inflation is a once-in-a-century pandemic. There are two leading causes of inflation we’re seeing today.
And there’s going to be more we’re going to have to talk about as well.īut first, I want us to be crystal clear about the problem. I went - I want every American to know that I’m taking inflation very seriously and it’s my top domestic priority.Īnd I’m here today to talk about solutions. It was a discussion at the kitchen table. I come from a family where when the pr- when the price of gas or food went up, we felt it. Unemployment rates are down to 3.6 percent - the fastest decline in unemployment to start a presidential term ever recorded.Īnd in addition, Americans have applied to start three- 5.4 million new small businesses last year - 20 percent more than any other year on record.Īnd I see - and as I see it, everything - everything across the country is - as I go across the country, our economy has gone from being on the mend to on the move.īut for every worker I met who’s gained a little bit of breathing room to seek out a better-paying job, for every entrepreneur who’s gained the confidence to pursue their small-business dreams, I know that families all across America are hurting because of inflation. In addition, 8.3 million jobs in my first 15 months in office - a record. But when you look at the economy today, it’s clear that we’ve made enormous strides.Īnd our plans and our policies have produced the strongest job creation economy in modern times. This will not be my only speech on inflation, I’m sure. Today I’d like to talk about two potential paths forward to address the number-one challenge facing families today: inflation. Get Involved Show submenu for “Get Involved””.The White House Show submenu for “The White House””.Office of the United States Trade Representative.Office of Science and Technology Policy.Executive Offices Show submenu for “Executive Offices””.Administration Show submenu for “Administration””.
0 kommentar(er)
