The Biden Administration is shifting its messaging on inflation, with President Biden addressing the issue during a commencement speech in Atlanta. The White House is attributing the rise in prices to corporate America, in an effort to address voter concerns about inflation.
As part of Jewish American Heritage Month, President Biden highlighted the resilience of the Jewish people. The administration is urging American companies to lower prices, criticizing businesses for maintaining elevated prices despite a decrease in inflation. Retail giant Target recently announced price cuts on 5000 items, acknowledging the financial pressure on consumers.
Data reveals a 19% increase in prices since January 2021, contributing to voter dissatisfaction with the economy. A Federal Reserve official acknowledged that prices remain high, with disappointing inflation readings in the first quarter of this year.
President Biden appealed to voters, particularly black Americans, emphasizing the importance of their support in the upcoming elections. Despite claims of progress for black Americans, polling indicates a decline in Biden's support within the community.
Democrats are expected to shift focus to immigration, with the Senate reconsidering a bipartisan border security package. This move aims to provide political cover for vulnerable Democrats in an election year, as border security remains a key concern among voters.
