Biden Aide Admits Economy Still Hurting Americans Despite Some Progress on Inflation
• Former White House Chief of Staff Ron Klain acknowledged inflation is still high and prices are pinching Americans' pocketbooks. He said Biden "needs to make more progress" on bringing costs down.
• Klain predicted economic and pocketbook issues will be big issues in the November elections as Biden scrambles to fine-tune his economic messaging.
• A poll showed Biden trailing Trump by 20 points on handling the economy. Most swing state voters rate economic conditions as "not so good" or "poor".
• After peaking at 9.1% in June 2022, inflation dropped to 3.2% in February. But Klain said despite job growth and rising wages, people still feel economic pinch.
• Klain said Biden must use his tools to try to gain more control at the border, despite needing Congress to pass spending to fully confront the migration surge.