Joe Biden attempted to convince fellow Democrats his administration’s policies aren’t responsible for soaring inflation hitting the pocketbooks of everyday Americans.
Speaking at a House Democrats retreat in Philadelphia Friday, Biden blamed everything from the Covid pandemic to Russia for the spike in consumer prices.
Firstly, Biden claimed Democrats’ $2.2 trillion Covid relief bill “didn’t cause inflation.”
Biden: Me spending more than $6T in less than a year & funding it w/ money printing “didn’t cause inflation” pic.twitter.com/mIHAdU5a61
— Tom Elliott (@tomselliott) March 11, 2022
Next, Biden attempted to blame high prices on the Covid pandemic which brought US production in many industries to a halt and caused a supply chain issue. However, the timeline doesn’t line up as the pandemic began under the Trump administration.
Biden blames Covid in Thailand for skyrocketing inflation in America pic.twitter.com/Fc0C5LdEPq
— Tom Elliott (@tomselliott) March 11, 2022
He then shifted to blaming Russian President Vladimir Putin’s incursion into Ukraine for the price hikes, and dismissed Republican assertions that his cancellation of the Keystone XL oil pipeline any way contributed to higher prices.
However, many have pointed out Russia’s special operation in Ukraine has only been happening for a little over two weeks, while gas prices have been steadily increasing since Biden’s inauguration.
“Make no mistake, inflation’s largely the fault of Putin,” Biden claimed.
He then went on to cite Washington Post and New York Times fact checks as evidence he’s in no way responsible for the rise in fuel prices.
Biden: Dana Milbank agrees that it’s Putin’s fault American gas prices are skyrocketing pic.twitter.com/exGeaZkQrd
— Tom Elliott (@tomselliott) March 11, 2022
At the same time he discussed out of control inflation, Biden plugged Democrats’ Innovation bill, which appropriates over $200 billion in taxpayer funding over the next five years to technology research.
In speech focusing on countering inflation, Biden threatens another $200 billion in taxpayer subsidies for tech companies pic.twitter.com/Cw6xc8kGmd
— Tom Elliott (@tomselliott) March 11, 2022
Elsewhere during his speech, he suggested the American people are too dumb to understand the various economic successes his administration has had, telling Dems, “Never forget what we’ve accomplished together so far. By the way, the American people just trying to stay above water don’t understand this. You tell them what the American Recovery Act was and they look at you like, ‘What are you talking about?’”
Biden brags about the economy, then says:
“The American people just trying to stay above water don’t understand this” pic.twitter.com/RqNuTIt8F9
— Jewish Patriot 🚛 (@MAGAJew2) March 11, 2022
Despite his efforts to gaslight the public into believing Russia caused inflation and not his bad policies, everyone with a memory – including CNN commentators – are rightfully dismissing Biden’s claims that the Ukraine crisis is responsible.
“It’s gonna mean higher prices, particularly for the consumers in those markets, right?” CNN economics commentator Catherine Rampell said Thursday. “Demand is really high right now. Supply has not been keeping up, even before the conflict in Ukraine, the Russian invasion. If we are now constraining supply even more, that’s gonna drive prices up.”
Watch Biden’s full speech at the House Democrats’ retreat below:
[embedded content]MTG Exposes How The Democrats Secretly Passed Omnibus Bill In The Middle Of The Night
source https://www.infowars.com/posts/watch-biden-blames-covid-putin-for-skyrocketing-inflation-gas-prices
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