As we’ve already reported, the White House remains committed to the story that the inflation we’ve been seeing increase for over a year now is due to “Putin’s price hike.” It’s funny — before the Biden administration decided to sanction Russian energy, the White House was telling us that barely any of our oil came from Russia, so it wasn’t like we were funding Putin’s invasion of Ukraine by continuing to buy Russian oil. Within a week, though, President Joe Biden broke down and enacted sanctions on Russian oil and warned us of the upcoming “Putin price hike” on gas prices.
Biden is in Iowa today to talk about ethanol and his plan to reduce gas prices, and surprisingly, he addressed last month’s inflation numbers, which at an 8.5 percent increase over the previous year makes it the highest inflation in 40 years. Biden attributed 70 percent of the increase in prices to “Putin’s price hike” in gasoline.
BIDEN: "We saw today's inflation data. 70% of the increase in prices in March came from Putin's price hike in gasoline." pic.twitter.com/uGGctNdP6s
— Townhall.com (@townhallcom) April 12, 2022
— CraigBoudreaux (@1craigboudreaux) April 12, 2022
— Paul Hurtado🏕️ (@Feydakyn) April 12, 2022
Putin’s fault? How stupid do you think we are?
— Bulldog (@CharlesFolda) April 12, 2022
He's a 🤡
— Kurt Breitfeller (@CaptKJB) April 12, 2022
— Thornton Melon (@URaRa_Wisconsin) April 12, 2022
Anyone bother to ask how that was calculated?
— Rick Fincham (@TheRickFinch) April 12, 2022
Not buying your bullshit, old man
— CourtBDon (@Don1Court) April 12, 2022
He's got nothing…
— Winston Smith #FJB 🇺🇲 🇺🇲 🇺🇲 (@Brain_Pwr) April 12, 2022
— The Keto Kid (@michael89508084) April 12, 2022
Where are the fact-checkers today?
— blondiecutie (@blondiecutie666) April 12, 2022
Can we ask about why our nation's economic health is impacted so heavily by Vladmir Putin?
— Steven Polanco (@sjp2010) April 12, 2022
And a war we’re not even in?
— Indigo Wife (@indigowife) April 12, 2022
Why does he believe this is working for him?
— NationalFootballTeague (@FootballTeague) April 12, 2022
His handlers probably tell him to keep saying it, he’s doing great.
I thought presidents couldn’t control gas prices.
— Darth Banish (@DarthBanish) April 12, 2022
Biden assured us on February 12 that he was going to “work like the devil” to get gas prices down. Russia didn’t even roll into Ukraine until February 24, so even then the “Putin’s price hike” excuse didn’t fly.
Looks like the MSM have gotten the Biden admin’s memo on how to spin horrendous new inflation data https://t.co/o1Sw3FYOzZ
— Twitchy Team (@TwitchyTeam) April 12, 2022