President will tell Americans on Tuesday night that he has a 'better plan' to fight surging that involved 'lowering costs and not wages,' according to an excerpt from his State of the Union speech.'We have a choice. One way to fight inflation is to drive down wages and make Americans poorer. I have a better plan to fight inflation,' part of Biden's speech reads. 'Lower your costs, not your wages. Make more cars and semiconductors in America. More infrastructure and innovation in America.' 'More goods moving faster and cheaper in America. More jobs where you can earn a good living in America. And, instead of relying on foreign supply chains – let’s make it in America.
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