Everything is not as great as Biden says but it sure as hell isn't as dire as the far right makes it out to be.
I'm old enough to have actually been thru REAL economic downturns that resulted in lost jobs, tons of home foreclosures, factory shutdowns, high unemployment etc.
This is a historical jump in inflation that happens periodically. Covid, supply chain issues, stimulus $$$, oil shortages due to Ukraine War, and 3 percent interest rates etc. bumped this inflation up under Biden.
Guaranteed it would have happened if Trump was President too. Only way to slow it down is with the fed interest rate hikes which they did.
There's a reason that hamburgers aren't a nickel anymore and it's not all because of Biden.