President Joe Biden touted the state of the U.S. economy following a better-than-expected May jobs report, even as he acknowledged its likely to be overshadowed by record-high inflation that’s causing pain for Americans.
“I know that even with today’s good news, a lot of Americans remain anxious, and I understand the feeling,” Biden said Friday from Rehoboth Beach, Delaware.
He added, “There’s no denying that high prices, particularly around gasoline and food, are a real problem for people. But there’s every reason for the American people to feel confident that we’ll meet these challenges.”
