Later, the president claimed there’s been a $1.40 uptick in gas costs since the Russian president started war in Ukraine. However, Biden failed to mention the role that his own actions have played in high gas costs.
Shutting down pipelines, oil drilling, leases, etc., also contributed to today’s increased gas prices. Despite Putin’s war crimes in Europe, Biden can’t realistically pass along the blame for America’s current economic hardships.
In Biden’s remarks about the so-called “Putin price hike,” he didn’t mention the timeline of inflation in the United States. Today’s issues with inflation date back to May 2021. This is nearly one year before Putin made any sort of moves in Ukraine.
More problematic actions from the president
Amid current issues with inflation, Biden is not walking back any economic policies that led America to this point.
As a matter of fact, Biden is doubling down. He’s pushing for more legislative expenditures in Congress. This will only serve to further America’s national deficit, along with drumming up even more economic instability.