Joe Biden WSJ: "My Plan for Fighting Inflation"

Overall seems like a lot of bluster and treating symptoms of inflation while only dealing with one of the actual, in my opinion, root causes (printing money, abuse of government aid programs that artificially depletes the labor supply, and the supply chain)

1. Let the fed do what they want (wish he'd get over bashing trump after 1 1/2 years, but that's politics I guess). - This could potentially help, but they'd need to do a 200 bp increase all at once, and that would almost certainly make the current recession (yes, I know we won't officially be in one until the June numbers come out) much, much worse.
2. A couple of parts here
   • Spend the oil reserve and pass clean energy credits - the former may help gas prices over the very short term, and the latter... I can't see how that helps at all.
   • Fix the supply chain - Theoretically yes, this is the major problem, but the points he gives toward it below are lackluster
     • cracking down on freight fees - don't know enough, but I would assume m_1's comments above are more accurate in that it's more to do with labor unions/lack of labor at ports than anything to do with foreign companies charging high prices (a function of supply/demand). If you can figure out the ports this would be a huge win, but the foreign transport fees don't seem to be the issue 
     • building more housing units - this should actually help.
     • Medicare negotiating with pharmaceutical companies/capping the cost of insulin - I can't speak to the negotiation point (it seems like a symptom that they'd be treating, not a cause), but Trump had already capped insulin pricing and Biden undid it. 
     • Lower the cost of child/elder care - Putting more people in the work force would certainly help, but the devil would be in the details here (as on most of these point) and I'd want to see more than just "give people with kids where both parents work a tax credit!", but that's probably what it's going to be
3. Reduce the deficit - This seems like partisan politicking, he's reducing the deficit (the rate which the nation needs to borrow money), not the national debt. If he advocated for reducing the national debt I'd be all ears. Also, the plan is to collect more taxes, not reduce spending the brunt of which would almost certainly be born by the middle class who don't have the resources to fight the federal government (the rich have armies of lawyers/accountants to legally avoid taxes). Changing the tax code so that offshoring is not as beneficial could be interesting, but again, this is a symptom, not the disease and doesn't help fight inflation.

Edit - housing market point was about Phoenix specifically, not the nation overall, so I edited that out.