Posted on 01/11/2022 5:56:39 PM PST by massmike
Only 1.4 percent when Biden took the presidential oath last January, year-over-year inflation has come in at 5 percent or more for 7 consecutive months. We know inflation is a growing problem because Biden has repeatedly gone out of his way to shift the blame away from his administration.
Biden blames higher energy prices on oil and gas producers.
The president's hostility to conventional energy was obvious on Inauguration Day. That was before he axed the Keystone XL pipeline and took no fewer than 24 other actions that raised energy prices.
But Biden isn't just pointing the finger at energy producers. Meat producers have also been singled out as grinches.
At a press briefing on Dec. 13, 2021,Jen Psaki accused "meat conglomerates" of succumbing to "corporate greed." Psaki then charged meat companies with profiteering off COVID, saying, "You could call it jacking up prices during a pandemic."
If "corporate greed" is driving prices higher,why was inflation tame until March 2021?
Biden also points the finger at the economy itself, claiming that surging inflation is the natural result of the economy rebounding from the pandemic. As the President said last July, "The reality is you can't flip the global economics light back [on] and not expect this to happen."
But if inflation is the inevitable result of a rebounding world economy, why is the U.S. inflation rate among the highest of the G-20 nations? In fact, at 6.8 percent last month-the highest since June 1982 - the U.S. inflation rate is higher than inflation rates in 130 other countries.
Is U.S. inflation higher because the U.S. economy is growing rapidly? Actually, third-quarter GDP - the latest quarter for which there is an official estimate - was only 1.4 percent larger in real terms than the last pre-pandemic quarter (Q4 2019).
(Excerpt) Read more at msn.com ...
Can’t wait for this month’s nat gas bill....
“The president’s hostility to conventional energy was obvious on Inauguration Day. That was before he axed the Keystone XL pipeline and took no fewer than 24 other actions that raised energy prices. “
Biden: I didn’t do that!
Pipelines have consequences.
Stolen pipelines have catastrophic consequences.
Leaders lead. Others blame others for their faults and mistakes and failures.
Biden has never been a leader.
Democrats can’t accept responsibilities for their failures, and will always point the fingers at others.
He's learned a few tricks from his boss:
“...Democrats can’t accept responsibilities for their failures, and will always point the fingers at others....”
Of course. When one thinks that they’re more intelligent and better than anyone else alive, why would they have to take responsibility when the SHTF? They think they’re walking gods and the “unwashed masses” are there to be milked.
Maybe Siren should blame OPEC for high gas prices. After all that’s where he wants to get the oil.
Everything was Trump’s fault now everything is our fault. See a pattern here?
Gas lighting. Right out of the Alinsky handbook on blaming others. He’s such a shabby little man.
How about all that free stuff that was not going to cost us “one cent”. This is what happens when money is printed and debt is monitized.
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