President Biden said Tuesday that soaring inflation was “a real tough problem to solve” and warned it could get worse before it gets better — while offering no new ideas to stem rising prices.“It’s really complicated. I’m not suggesting American people can’t understand it. They understand it, but they have, you know, they’re working eight, 10 hours a day just to put food on the table,” Biden said during an event at the White House-adjacent Old Executive Office Building. With annual inflation at highs not seen in more than 40 years, Biden declined to predict how long it would take for prices to start coming down — then suggested they may actually rise even higher through 2023.
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