Biden finally admits soaring inflation a ‘real tough problem,’ suggests it may get worse

President Biden said Tuesday that soaring inflation was “a real tough problem to solve” and warned it could get worse before it gets better — while offering no new ideas to stem rising prices. “It’s really complicated. I’m not suggesting American people can’t understand it. They understand it, but they have, you know, they’re working eight, 10 hours a day just to put food on the table,” Biden said during an event at the White House-adjacent Old Executive Office Building.-- More...