Jen Psaki, White House Press Secretary, warned us that we were in for a bad inflationary year. That’s why you knew it was going to be bad — and she wasn’t wrong.
Consumer Price Index (CPI), which rose 7.9% year over year in February reached a new 40-year record and was a new Joe Biden record.
In a statement released by the White House, first, Biden bragged about his economy even as it’s crushing Americans. This is out-of-touch. But then, just like with the skyrocketing gas prices, Biden has a new excuse for why there’s such a huge increase in the year-over-year inflation — blame that on Vladimir Putin and the Russian invasion as well.
they’re really leaning in on this one pic.twitter.com/E6LRgICkAE
— Sam Stein (@samstein) March 10, 2022
Biden claimed that American budgets were being stretched because they were “starting to feel the impacts of Putin’s price hike” — the new talking point Democrats are now trying to spread. Biden promised there would be new “costs at home,” that we should all just accept, because Biden promises we are dealing more consequences to the Russians with the sanctions than we will be feeling.
Since inflation has been increasing for several months, it is absurd. Biden believes that Americans are asleep, and have missed the previous months of rising inflation. Inflation reached record levels last month just before an invasion.
CNN did a thorough fact-check on Biden. You can see how terrible the lies are when CNN says it. CNN’s chief business correspondent Christine Romans said the numbers were all pre-war numbers.
CNN’s Romans: Under Biden, Americans face the highest consumer price spike in 40 years.
Inflation was “accelerating” even BEFORE the Ukraine crisis. pic.twitter.com/pT5IeOr6YP
— RNC Research (@RNCResearch) March 10, 2022
Townhall
“Inflation is accelerating, these are pre-war numbers as well,” CNN’s Chief Business Correspondent Christine Romans noted. “Many people had thought we’d see a peak in inflation in March maybe, well now we have a war in Russia, not captured — war in Ukraine — not captured here.”
CNN’s Romans also emphasized that the month-over-month increase of inflation of 0.8 percent shows “inflation is accelerating,” as opposed to just hitting now due to Putin’s actions. “All these things you basically can’t live without are rising here,” Romans added of the data. “You can see just why so many Americans are so sour on the economy…because they’re paying more for just about everything.”
“And again,” Romans said at the end of her report, “these numbers don’t capture the big disruption in the economy from Putin’s war in Ukraine.”
So, there is still punishment that we’re going to get from the sanctions, and the war is yet to come. So, if you thought Bidenflation was already lots of fun, prepare for the next part, even as they scold us and say “just buy an electric vehicle and you wouldn’t feel all this.”
CNBC’s Rick Santelli just wrecks Biden over this, laying out some of the Biden team’s excuses for inflation.
“First it was transitory, then ‘inflation is good.’ We then went on to “corporate greed.” Now we’re at Putin.”pic.twitter.com/B4WGpNafJW
— Jack Posobiec 🇺🇸 (@JackPosobiec) March 10, 2022
Let’s get to the bottom of it. Biden is the reason we’re in this mess and on top of that, the Biden team insults our intelligence with their lies.
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