He amplified his crackdown on soaring prescription drug costs, hidden fees for cable and air travel and corporate “price-gouging.” He also promised to “keep fighting to bring down costs.”
Following the links the above quote, the CNBC articles suggests we can expect progress on the first two items (prescription drug costs and hidden fees), but there’s nothing I read in the linked article about dealing with price gouging other than some stern words. Maybe something is indeed in the works, but it wasn’t obvious to me at the least.
Instead of taking a routine victory lap, the president doubled down on the war, pledging to do himself what the Federal Reserve’s interest rate hikes have not: Make things cheaper.
[…]
It is a marked tone shift from the president’s typical reactions to positive inflation data.
I do appreciate this narrative shift—transitioning from tone-deaf/gaslighting to acknowledging that key issues still aren’t addressed.