Not that we (and anyone with 2 brain cells to rub together who is not a Democrat congressman) didn’t already know…..Of course, Joe Biden is unaware of reality, but he has been that way for a long time….
It ain’t Putin’s fault:
“Given how inflation has escalated over the past 18 months, would you say that the war in Ukraine is the primary driver of inflation in America?’
‘No, inflation was high before — certainly before the war in Ukraine broke out,’ Powell responded.”
We already knew that, despite what Brandon Slow Joe thinks. But he is so far divorced from reality that he may not realize the truth…
And then there is this additional story: We were so much better under Trump, at least economically. Jerome Powell wishes for the days under Trump when inflation was low, unemployment was at historic lows, labor participation was increasing, and real wages were increasing faster than inflation.
But Biden pandered to the Green folks, and damaged the oil infrastructure in order to try and “Green” up the country….and now we are suffering. Congress (the DNC parts anyway) spent money like water these past two years in order to pay off the groups that supported them (and to advance their Liberal causes) and injected WAY too much money that the country did not have (see also “Deficit Spending”, a favorite of Liberals) to the tune of TRILLIONS of dollars of additional debt ….causing runaway inflation that we have to deal with…essentially devaluing our dollars.
Apparently common sense and intelligence depart from people once they join the Democratic Party…they don’t understand what causes inflation and are willing to damage the country and it’s citizens so long as they gain ground for their causes…
Even if you can blame the war in Ukraine for causing SOME of the inflation, the Biden’s bungling or intentional mishandling of the crisis made the war inevitable.
Biden said that the west would tolerate “minor” incursions into Ukraine and NATO knew that inviting Ukraine into NATO would be seen as deliberately provocative to Russia as it opens up the amount of “front” that Russia would have to defend by a factor of at least 2.
Either way, Biden owns it.