President Joe Biden said Friday that much of what the Democrats have done in regard to the economy will kick in with a lag, reinforcing GOP claims that inflation will get worse as some of the inflationary impacts of the administration’s big spending bills have not yet fully filtered into the economy.
Biden made the remarks in a sit-down interview with MSNBC’s Jonathan Capehart in at Delaware State University after being asked to comment on polls showing Americans trusting Republicans over Democrats on economic matters.
“A lot of what we’ve done and we’ve passed has not kicked in yet. For example, we have all this money to rebuild the highways, bridges, Internet, etc., but it’s going to take time,” Biden said. “It’s not all happening overnight.”…