Tag Archives: shortages

President Biden is Blaming Everyone Else for Surging Inflation

Flyover

  • Jan. 12, 2022
  • 1-min read

This article appears at The Hill and can be read in its entirety there: The Hill.

“Americans paid more for everything this Christmas, from toys to turkeys. But this “Bah, humbug” reality didn’t start with the Christmas season. Only 1.4 percent when Joe Biden took the presidential oath last January, year-over-year inflation has come in at 5 percent or more for 7 consecutive months. We know inflation is a growing problem because President Biden has repeatedly gone out of his way to shift the blame away from his administration.

“Anyone who fills up at a gas pump, for example, knows what a big bite increasing gas prices are taking. President Biden blames higher energy prices on oil and gas producers. As reported in November: ‘In a letter to FTC chairman Lina Kahn, Biden claimed “there is mounting evidence of anti-consumer behavior by oil and gas companies.”

“Having pledged during the campaign to eliminate fossil fuels from our energy future, the president’s hostility to conventional energy was obvious on Inauguration Day. That was before he axed the Keystone XL pipeline and took no fewer than 24 other actions that raised energy prices. And yet, President Biden won’t fess up about the effect his policies have had on energy prices.”