President Biden Acknowledges Progress, but Vows to Tackle Affordability Issues Amid Positive Inflation Data

President Biden doubled down on his fight against inflation, despite November's positive inflation data, and focused instead on what the data does not show. While this news aligned with the "soft landing" promised by the White House, Biden recognized the limitations, saying, "Despite this progress, I know many Americans still find too many things unaffordable." Biden doubled down on fighting inflation and making things more affordable. With bad polling showing voters blame Biden for high costs, his tone has shifted from declaring victories to intensifying his inflation battle, in hopes of improving his reelection chances. Economists have attributed high inflation to Biden's stimulus and supply issues.