Posted 3/10/2024, 7:20:00 PM
Biden Targets Junk Fees Amid Broader Economic Concerns
- Biden's "junk fees" crackdown aims to distract from real economic issues like high inflation and interest rates, experts say
- Inflation has risen 18% since Biden took office; Fed has hiked rates to highest in 23 years
- Experts say junk fees crackdown won't save people money long-term; companies will just raise prices
- Biden blames inflation on corporate greed and price gouging, but experts say it's due to his policies
- Experts call junk fees crackdown a "distraction" from inflation caused by Biden's "irresponsible" spending