Feb 10, 2022
PRESIDENT BIDEN: Look, again, slight digression: Inflation is up. It’s up. And coming from a family when the price of gas went up, you felt it in the household, you knew what it was like, it matters.
But the fact is that, if we’re able to do the things I’m talking about here, it’ll bring down the costs for average families. It’ll bring down the costs for average families. I don’t know why they keep moving all that, but the fact is: They keep down the costs for average families.
And, look, the fact is that we’re in a situation now where, you know, you should have peace of mind. I know food prices are up, and we’re working to bring them down.
As I said, I grew up in a family where the price at the pump went up, you felt it. And I understand. But these things are necessities. We’re working to bring down prices where there are not totally what families, in fact, have to pay now.
You still have pay to for childcare. Childcare is a cost for millions of families. You still have to pay your prescription drug prices. You still have to pay for healthcare.
You want to lower the cost of living for people? Help them in those areas.
So, there’s more than one way for a family, when it comes to raising their standard of living.
I’m going to work like the devil to bring gas prices down, which I’m going to — I’m working to make sure that we keep strengthening the supply chains to bring the cost of energy and everything else and the goods that come to America down by helping the ports 24/7, by changing a whole range of things that —
You know, what’s happened with COVID — COVID has caused significant increase in prices in the supply chain, because when a factory shuts down in another part of the world and you need that particular product in order to finish and build whatever you’re working on, the price goes up exponentially, like for cars.
But in the meantime, there is a lot we can do to give families extra breathing room. We can do this when we cut the cost of childcare, making sure that you don’t pay more than 7 percent of a family’s income for childcare. That saves thousands of dollars in families — for families.
PRESIDENT BIDEN: Look, again, slight digression: Inflation is up. It’s up. And coming from a family when the price of gas went up, you felt it in the household, you knew what it was like, it matters.
But the fact is that, if we’re able to do the things I’m talking about here, it’ll bring down the costs for average families. It’ll bring down the costs for average families. I don’t know why they keep moving all that, but the fact is: They keep down the costs for average families.
And, look, the fact is that we’re in a situation now where, you know, you should have peace of mind. I know food prices are up, and we’re working to bring them down.
As I said, I grew up in a family where the price at the pump went up, you felt it. And I understand. But these things are necessities. We’re working to bring down prices where there are not totally what families, in fact, have to pay now.
You still have pay to for childcare. Childcare is a cost for millions of families. You still have to pay your prescription drug prices. You still have to pay for healthcare.
You want to lower the cost of living for people? Help them in those areas.
So, there’s more than one way for a family, when it comes to raising their standard of living.
I’m going to work like the devil to bring gas prices down, which I’m going to — I’m working to make sure that we keep strengthening the supply chains to bring the cost of energy and everything else and the goods that come to America down by helping the ports 24/7, by changing a whole range of things that —
You know, what’s happened with COVID — COVID has caused significant increase in prices in the supply chain, because when a factory shuts down in another part of the world and you need that particular product in order to finish and build whatever you’re working on, the price goes up exponentially, like for cars.
But in the meantime, there is a lot we can do to give families extra breathing room. We can do this when we cut the cost of childcare, making sure that you don’t pay more than 7 percent of a family’s income for childcare. That saves thousands of dollars in families — for families.
