Joe Biden and his administration of ‘green new deal’ globalist cronies can no longer hide behind the “Putin Price Hike” propaganda they’ve been peddling for the past two months.
Inflation, soaring gas prices, and a slowing economy are all symptoms of the fiscal policies Joe Biden enforced since day one of his presidency. If you remember, Biden began signing ‘climate change’ executive orders the day he arrived in the Oval Office.
But somehow that’s Putin’s fault…
Since then, a deluge of economic insecurity has plagued the average American citizen who’s forced to deal with skyrocketing consumer prices, soaring price per gallon, and record-low wages.
The White House hasn’t done a great job of cleaning up the mess, either.
Both Jen Psaki and her replacement, Karine Jean-Pierre, have delivered a scourge to the American people, hitting us with a series of mixed messages that convey hostility toward anyone not willing to play Biden’s reindeer games.
Unfortunely for Biden, however, his entire propaganda campaign is coming crashing down.
On Wednesday, Chair of the Federal Reserve Jerome Powell contradicted Democrat claims that “Putin’s Price Hike” is to blame for record-high inflation.
Testifying before the Senate Banking Committee, Powell was asked about the inflation crisis by Republican Tennessee Sen. Bill Hagerty.
“In January of 2021, inflation was at 1.4%. By December of 2021, it had risen to 7% — a fivefold increase.”
“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?”
Powell gave a one-word response that resounded with everyone in the room — and most Americans.
“No,” the Fed Chair replied, completely destroying Biden’s price hike theory.
Sen. Bill Hagerty (R-Tenn.): “Would you say that the war in Ukraine is the primary driver of inflation in America?”
Fed Chair Powell: “No. Inflation was high before, certainly before the war in Ukraine broke out.” pic.twitter.com/xhPeO0NYYE
— Breaking911 (@Breaking911) June 22, 2022
The “Putin Price Hike” lie is continuous and ongoing; the White House social media team even Tweeted something about it as recently as Monday.
Through his actions, President Biden:
– Announced the release of 1 million barrels per day from our Strategic Petroleum Reserve
– Rallied Allies to join in releasing 240 million additional barrels
– Expanded access to biofuels, which will lower prices across the country— The White House (@WhiteHouse) June 20, 2022
The Federal Reserve just last week was forced to raise interest rates by three-quarters of a percent to combat historic rates of inflation, spurring massive recession panic as a result. Economists’ predictions are equally as grim, with most guaranteeing a recession followed by higher unemployment and a slowing economy.
Meanwhile, consumer prices recently reached a four-decade high, with the Consumer Price Index for May of 2022 showing an 8.6% increase year-over-year.
Never before have the American public clamored for the return of Donald Trump and his fiscal policies, which secured the greatest economic conditions for more people than ever recorded in history.
Author: Ann Taylor
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