On Wednesday's broadcast of CNN's “Inside Politics,” Biden 2024 campaign co-chairman Sen. Chris Coons (D-Delaware) spoke about stock market highs, insulin price caps, and insulin price cuts. “The average American is not feeling it,” he said. Inflation is rising, and “they're still paying too much at the grocery store. They're still paying too much for rent and housing.” There will be a slow, gradual and widespread turnaround.”
“The good news is that the Dow Jones Industrial Average has hit an all-time high,” Koons said. “Inflation is steadily declining. Insulin prices are both coming down, and the major manufacturers of insulin are… This month, we started a $35 per month price cap. But the average American isn't feeling it. They're still paying more at the grocery store. They're still paying more for rent and housing. We pay too much. That's why it's given to us to connect with the average American family. They hear news about how much has been accomplished and When I hear people talking about the best stock market of all time, I don't feel anything about it. [W]We need to hone that message and deliver it in more effective ways, but I believe that over the next year, the economic situation in our country will slowly, gradually become worse for families of all kinds across our country. I am confident that there will be a widespread turnaround. ”
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