Biden has long-term inflation plan, but voter patience short

  • FILE - President Joe Biden speaks at the Daniel Technology Center of Germanna Community College – Culpeper Campus, Feb. 10, 2022, in Culpeper, Va. Biden came into office with a plan to fix inflation — just not the particular inflationary problem that the country now faces. His belief is that a cluster of companies control too many industries, which reduces competition for both customers and workers. That leads to higher prices and lower wages at what the White House says is an average cost of $5,000 annually for U.S. families. (AP Photo/Alex Brandon, File)

WASHINGTON — President Joe Biden came into office with a plan to fix inflation — just not the particular inflationary problem that the country now faces.