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President Biden is blaming everyone else for surging inflation
https://www.msn.com/ ^ | 01/11/2022 | James Carter and Jeffrey Schmidt

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 ...


TOPICS: Miscellaneous
KEYWORDS: inflation

1 posted on 01/11/2022 5:56:39 PM PST by massmike
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To: massmike

Can’t wait for this month’s nat gas bill....


2 posted on 01/11/2022 5:57:59 PM PST by nascarnation (Let's Go Brandon!)
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To: massmike

“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!


3 posted on 01/11/2022 6:01:34 PM PST by Blood of Tyrants (Do we value what the Founding Fathers gave us enough to fight for it?)
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To: massmike

Pipelines have consequences.

Stolen pipelines have catastrophic consequences.


4 posted on 01/11/2022 6:02:28 PM PST by Paladin2 (🍊 )
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To: massmike

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.


5 posted on 01/11/2022 6:04:08 PM PST by adorno
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To: Blood of Tyrants
Biden is blaming everyone else

He's learned a few tricks from his boss:


6 posted on 01/11/2022 6:07:04 PM PST by massmike (I'm only here to observe these earthlings.)
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To: adorno

“...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.


7 posted on 01/11/2022 6:08:00 PM PST by lgjhn23 (Pray for America....)
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To: massmike

Maybe Siren should blame OPEC for high gas prices. After all that’s where he wants to get the oil.


8 posted on 01/11/2022 6:41:07 PM PST by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.for corruptiion)
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To: massmike

Everything was Trump’s fault now everything is our fault. See a pattern here?


9 posted on 01/11/2022 6:46:13 PM PST by mikelets456
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To: mikelets456

Gas lighting. Right out of the Alinsky handbook on blaming others. He’s such a shabby little man.


10 posted on 01/11/2022 7:10:39 PM PST by hoe_cake
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To: lgjhn23
When one thinks that they’re more intelligent and better than anyone else alive

I never thought of them that way. I always thought that their ideas and ways and agenda, was inferior to most other ways of thinking, and that republicans/conservatives were the thought leaders with the superior ideas and superior thinking and superior agenda.

Any thinking democrat would have to know that what they think and do, are just all wrong-headed and cannot succeed. .
11 posted on 01/11/2022 7:16:10 PM PST by adorno
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To: massmike

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.


12 posted on 01/11/2022 7:41:37 PM PST by The_Media_never_lie ( "The media is the enemy of the American people." Democrat Pat Caddell.)
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