Yeah. Inflation is real (Covid aftereffects and corporate greed), and in 2022 it hit this huge spike so prices are still high. As far as I can see the reasons for that had nothing to do with Biden, but I get it; it's painful to people directly, so it's the part of the equation that's easy to focus on, and it's easy to blame the guy who's "in charge" because he's supposed to take responsibility for things being good, whether they're his fault originally or not.
At the same time Biden actually has done a ton of things (boosting domestic manufacturing and supporting unions through an actually-pro-labor NLRB) which have been boosting wages. A lot of it is at the lower end of the scale, so I think it's largely invisible to Lemmy people who my guess is are largely tech workers or students or etc (as opposed to truck drivers), but the wages at the bottom have actually outpaced even the huge inflationary level.
Blaming Biden for the inflation, and pretending the wage gains didn't happen, and pretending that Biden's policies are neoliberal is... I mean, I get how it could look that way (again especially if you exist at the white-collar end of the scale in a tech job), but it's definitely not what happened.