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Biden says 'Putin's tax on both food and gas' is to blame for record-high inflation
Fox Business ^
| June 10, 2022
| Brooke Singman
Posted on 06/10/2022 4:07:49 PM PDT by McGruff
President Biden said the United States "has never seen anything like Putin’s tax on both food and gas," after the Labor Department announced Friday that inflation hit a new four-decade high in May.
The Labor Department said Friday that the consumer price index, a broad measure of the price for everyday goods, including gasoline, groceries and rent, rose 8.6% in May from a year ago. Prices jumped 1% in the one-month period from April. Those figures were both higher than the 8.3% headline figure and 0.7% monthly gain forecast by Refinitiv economists.
The president, from the Port of Los Angeles Friday, said fighting inflation is his "top economic priority," while, again, casting blame on Russian President Vladimir Putin’s war in Ukraine for the surge in prices.
(Excerpt) Read more at foxbusiness.com ...
TOPICS: Business/Economy; Extended News; Government; News/Current Events; Russia
KEYWORDS: 10percent4dabigguy; anwr; biden; biden4communism; bidenblameshifts; bidenbuttboysonfr; bidenflation; bidenpricehike; bidenpuffers; bidensbuttboys; bidensgaspricehike; bidenskeywordtrolls; bidensniffers4war; bidenvoters; bidenworshippersonfr; blameblameblame; cccp; chechens; chechnya; chicoms; china; commies4bidem; commies4biden; communism; communists; deathtoneocons; deathtosoros; frneoconbrigade; globalists4biden; homos4zelensky; inflation; keystonexl; lizcheneyrepublicans; nato4biden; nato4obama; natoaggression; neoconaggression; neoconpricehikes; neocons4biden; neoconsagree; opec; pedos4biden; pedosforputin; putin; putin4ussr; putinacommie; putinlovertrollsonfr; putinlovescommunism; putinpufferparade; putinsbuttboys; putinworshippers; q4china; q4communism; q4russia; q4ussr; russia; russianaggression; scottritter; shipneocons2ukraine; sniffers4biden; sovietreunion; soviets; soviettrolls; soviettrollsonfr; sovietunion; uketards; ukraine; ukrainecorruption; ukraineslushfund; ussr; warprofiteers4biden; winniethexi; xifanclub; xisbuttboys; zelensky; zelinskyfanboys; zotsoviettrolls; zotthebidentrolls; zottheneocons; zottherussiantrolls; zotthesorostrolls
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To: McGruff
Bidens blame game changes daily like his forcast models do
41
posted on
06/10/2022 5:02:52 PM PDT
by
caww
( )
To: McGruff
42
posted on
06/10/2022 5:05:44 PM PDT
by
Bratch
To: DoughtyOne
43
posted on
06/10/2022 5:05:50 PM PDT
by
caww
( )
To: McGruff
Putin caused inflation last year when he invaded Ukraine this year.
To: McGruff
Putin made Joetato stumble up the stairs again ...
Putin made me post that joke.
45
posted on
06/10/2022 5:08:09 PM PDT
by
TigersEye
(Shall not be infringed!)
To: McGruff
Now Russia is taxing us??
To: caww
Yes, what a pathetic excuse for a man Obama is.
He screws us behind the scenes, and Biden takes the heat.
47
posted on
06/10/2022 5:11:07 PM PDT
by
DoughtyOne
(I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which it stands.)
To: Bonemaker
48
posted on
06/10/2022 5:12:39 PM PDT
by
caww
( )
To: caww
2021 was the first year since 1970 that the US inflation was higher than the Global inflation
49
posted on
06/10/2022 5:14:17 PM PDT
by
caww
( )
To: TigersEye
50
posted on
06/10/2022 5:16:45 PM PDT
by
caww
( )
To: DoughtyOne
51
posted on
06/10/2022 5:18:17 PM PDT
by
caww
( )
To: caww
post #48 inflation rates
Well, that’s awkward!
52
posted on
06/10/2022 5:19:27 PM PDT
by
TigersEye
(Shall not be infringed!)
To: caww
post #51 inflation comparisons
Oh, my! That is REALLY awkward.
53
posted on
06/10/2022 5:21:00 PM PDT
by
TigersEye
(Shall not be infringed!)
To: TigersEye
He can blame anyone or anything butinflation started when Biden was elected...Putin did com into Bidens mss until much later...
54
posted on
06/10/2022 5:28:03 PM PDT
by
caww
( )
To: caww
55
posted on
06/10/2022 5:31:09 PM PDT
by
caww
( )
To: caww
The barrel of oil is up 118% since the Beginning of Obama’s
third term.
If you consider how that impacts everything we buy, it’s no
wonder inflation is over 8% now.
The transportation costs have gone up at least 120%.
Add that in to the cost of everything we buy, one, two,
three or up to 5 to 10 times as parts and other things
are shipped here and there a number of times.
It isn’t over yet either. Shortages of oil will come
next > IMO. What will that do to the price? And then
the government will get involved, if it remains Leftist
and who knows if they’ll try to nationalize big oil or
not.
Buckle up...
56
posted on
06/10/2022 5:33:44 PM PDT
by
DoughtyOne
(I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which it stands.)
To: caww
Same with a chart on gas prices. Starts going up almost the day Cucumber Brain takes office.
57
posted on
06/10/2022 5:33:54 PM PDT
by
TigersEye
(Shall not be infringed!)
To: caww
58
posted on
06/10/2022 5:34:08 PM PDT
by
caww
( )
To: Benjamin Dover
It was the Germans that nuked us at Pearl…sigh!Forget it, he's on a roll.
To: TigersEye
I posted several graphs to show nobody agrees with anything Bidens saying about the economy...nobody!
60
posted on
06/10/2022 5:35:12 PM PDT
by
caww
( )
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