By — Associated Press Associated Press Leave your feedback Share Copy URL https://www.pbs.org/newshour/politics/watch-lower-your-costs-not-your-wages-biden-tells-companies-on-inflation Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter WATCH: ‘Lower your costs, not your wages,’ Biden tells companies on inflation Politics Mar 1, 2022 10:10 PM EDT As inflation spirals, President Joe Biden said Tuesday in his first State of the Union address that his “top priority” is getting inflation and prices under control. Watch Biden’s remarks in the player above. Biden outlined plans to address inflation by reinvesting in American manufacturing capacity, speeding supply chains and reducing the burden of childcare and eldercare on workers. WATCH LIVE: President Joe Biden’s 2022 State of the Union address – A PBS NewsHour Special “We have a choice,” Biden said. “One way to fight inflation is to drive down wages and make Americans poorer. I have a better plan to fight inflation. Lower your costs, not your wages.” A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now By — Associated Press Associated Press
As inflation spirals, President Joe Biden said Tuesday in his first State of the Union address that his “top priority” is getting inflation and prices under control. Watch Biden’s remarks in the player above. Biden outlined plans to address inflation by reinvesting in American manufacturing capacity, speeding supply chains and reducing the burden of childcare and eldercare on workers. WATCH LIVE: President Joe Biden’s 2022 State of the Union address – A PBS NewsHour Special “We have a choice,” Biden said. “One way to fight inflation is to drive down wages and make Americans poorer. I have a better plan to fight inflation. Lower your costs, not your wages.” A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now