Foreign-born labor adds to demand for services and holds down costs of farm products, child care and other goods and services.Inflation is easing, but prices are still stuck at inflation-fueled levels.
Biden’s bet is that if the economy continues to improve, public opinion will evolve as well — and he wants to get credit when it does.“Good things are happening in the economy, but the average American doesn’t necessarily associate them with the president,” a Biden aide told me. “We need to make sure folks are making a direct link with his economic program.”
But he didn’t have much to say about inflation, except for promising that it’s still “one of my top priorities.”“I would have liked more of a narrative about Joe Biden, Inflation Fighter,” said Will Marshall, president of the moderate Progressive Policy Institute.