Joe Biden just proved to everyone in this country that he has no clue how an economy works.
Virtually every policy he has put in place on the economic front has contributed to rising inflation.
Yet, Biden came out this week to tell Americans that his policies are helping to tackle inflation, not contribute to it.
When the April report came out, the Consumer Price Index (CPI) was at 8.3 percent.
That was down 0.2 from March but up significantly from the prior year.
As bad as it is, many economists believe this is the calm before the storm, especially in the housing market, where we are staring down the barrel of 2006 all over again.
Biden says that he is “taking inflation very seriously,” even though he and members of his administration have literally laughed about it at times.
He calls it his “top domestic priority,” even though we all know that not to be true.
Most of Biden’s policies, such as cracking down on oil and gas, are part of the problem, yet Biden says his policies “help, not hurt” inflation.
Actually, he may have gotten that last part right, as his policies are definitely helping to increase inflation.
Instead of taking some blame, Biden continues to slam Republicans while at the same time asking for their help.
He continues to blame Putin and the pandemic for the inflation issues this country is seeing right now when even CNN came out the other day to blast Biden on his claims.
Meanwhile, on Tuesday, gasoline hit $4.374 as a national average, the highest price ever recorded by AAA.
The man is delusional, and he is destroying this country.
Source: Fox News