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" "These steps will enhance our productivity — raising wages without raising prices. That won’t increase inflation. It will take the pressure off of inflation, give a boost to our workforce, which leads to lower prices in the years ahead. So, if your primary concern right now is inflation, you should be even more enthusiastic about this plan. And as we promote — as we promote fair competition in our economy through the executive order I mentioned, it will drive down prices even further.
Joseph Robinette "Joe" Biden, Jr. (born November 20, 1942) is an American politician who was the 46th president of the United States from 2021 to 2025. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 under President Barack Obama, and represented Delaware in the U.S. Senate from 1973 to 2009.
Biography information from Wikiquote
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