Posted on 03/10/2022 5:51:42 PM PST by lowbridge
MSNBC economic analyst and former Obama adviser Steven Rattner took President Biden to task on Thursday for claiming that Russian President Vladimir Putin's war in Ukraine is responsible for the soaring inflation Americans are facing at home.
Biden reacted to the staggering consumer price index report from the Labor Department in a statement Thursday, where he attempted to blame Putin for the documented 7.9% spike in consumer prices over the last 12 months.
"Today's inflation report is a reminder that Americans' budgets are being stretched by price increases and families are starting to feel the impacts of Putin's price hike," the statement said. "A large contributor to inflation this month was an increase in gas and energy prices as markets reacted to Putin's aggressive actions."
"As I have said from the start, there will be costs at home as we impose crippling sanctions in response to Putin’s unprovoked war, but Americans can know this: The costs we are imposing on Putin and his cronies are far more devastating than the costs we are facing."
Rattner called out Biden's remarks in a tweet Thursday, noting that the administration's sanctions on Russia – which were imposed last month – would account for only a small percentage of the devastating inflation figure that reflects the past twelve months.
"Well, no. These are [Feb. numbers] and only include small Russia effect," Rattner wrote. "This is Biden’s inflation and he needs to own it."
(Excerpt) Read more at foxnews.com ...
Biden’s handlers are losing their grip. Biden has been in office for 14 months and each day brings in a new disaster. Jarrett, Obama, Rice, Klain, etc. You own this along with the dufus in chief.
The terabucks of “stimulus” in 2020 were the seeds of today’s overall inflation.
Inflation in the price of gasoline was further aggravated by a government that hates it (and its consumers).
>>...claiming that Russian President Vladimir Putin’s war in Ukraine is responsible for the soaring inflation...<<
This is why so many Americans hate their government and these slimy politicians. Insulting citizens intelligence. Lie after lie, deception after deception, attacks on the U.S. constitution, personal freedoms/liberties.
They lie...then double down by lying about not lying. Good grief.
Russia invades February 24. Only four days could have been affected.
Thanks, Ratner. Everyone knows what happens when, you increase the money supply 40% I. Two years.
I’m blaming the people behind Biden.
And I’ll still bet Obama has a set of fingers in that pie.
Bkmk.
It could be that they are positioning Puppet Joe, The Surrender Monkey, for easy removal to get to their preferred puppet - either kamala or Madam Benghazi - The Hildabeast.
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