Business

Biden declares war on profits

By Stephen Moore
Published July 7, 2023 2:04pm ET
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Biden declares war on profits
White House press secretary Karine Jean-Pierre recently reiterated a point the Biden White House has been making for the past year: that inflation remains high not because of the Biden $6 trillion spending spree but because “high profit margins” captured during the COVID-19 pandemic drive up consumer prices. We then were told that the White […]


White House press secretary Karine Jean-Pierre recently reiterated a point the Biden White House has been making for the past year: that inflation remains high not because of the Biden $6 trillion spending spree but because “high profit margins” captured during the COVID-19 pandemic drive up consumer prices.

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Consumers COVID-19 Inflation Joe Biden Karine Jean-Pierre Money