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The average family is paying for the increased cost of living under Biden, according to the Joint Economic Committee, including:

— $4,170 more on energy.
— $3,206 more on food.
— $3,981 more on shelter.
— $8,455 more on transportation.

But this is the response we get from Joe Biden

“I do stand by my prediction that before the year is out, there will be a rate cut,” Mr. Biden said at a news conference alongside Prime Minister Kishida Fumio of Japan, after the two of them met at the White House.

He struck a similar tone on Wednesday in a statement that emphasized consumer frustration with inflation.

“Prices are still too high for housing and groceries, even as prices for key household items, like milk and eggs, are lower than a year ago,” Mr. Biden said. “I have a plan to lower costs for housing — by building and renovating more than two million homes — and I’m calling on corporations, including grocery retailers, to use record profits to reduce prices.”