President Biden is scheduled to ring the praises on the jobs market. However, he has an inflation problem which is sapping any income gains.
- Americans should feel confident about the economy
- excellent US jobs report from May
- Americans can tackle real problem of inflation from position of strength
- US economy could grow faster than a China said this year. That hasn't happened since 1976
- expects to see more moderation in jobs growth going forward
- Putin's war in Ukraine is driving prices higher
- Grain shipments from Ukraine stalled because of Putin's invasion
- I will continue to use every tool available to further blunt the price hikes
- Calls on Congress to pass clean energy bill to give families relief from higher prices
- US is on track to cut the budget deficit by $1.7 trillion
- Treasury department plans to pay down the national debt this quarter
- He has no direct plans at the moment to go to Saudi Arabia
- Says lots of luck to Elon Musk's trip to the moon after asked about Tesla chiefs comments on the economy
/Inflation