Placeholder while article actions loadPresident Biden has finally laid out his plan to fight inflation. But the strategy demonstrates what many have long suspected: He doesn’t have a clue what to do about rising prices. Biden’s plan, revealed in an op-ed for the Wall Street Journal, has three parts. Third, bring down the federal deficit by raising taxes on corporations and the rich. Thus, he proposes a set of actions — all of which, mind you, would require congressional approval — to reduce prices.

Source: Washington Post June 01, 2022 03:44 UTC