‘This is Biden’s inflation and he needs to own it,’ writes Rattner
MSNBC economic analyst and former Obama adviser Steven Rattner took President Biden to task on Thursday for claiming that Russian President Vladimir Putin’s war in Ukraine is responsible for the soaring inflation Americans are facing at home.
Biden reacted to the staggering consumer price index report from the Labor Department in a statement Thursday, where he attempted to blame Putin for the documented 7.9% spike in consumer prices over the last 12 months.
“Today’s inflation report is a reminder that Americans’ budgets are being stretched by price increases and families are starting to feel the impacts of Putin’s price hike,” the statement said. “A large contributor to inflation this month was an increase in gas and energy prices as markets reacted to Putin’s aggressive actions.”
“As I have said from the start, there will be costs at home as we impose crippling sanctions in response to Putin’s unprovoked war, but Americans can know this: The costs we are imposing on Putin and his cronies are far more devastating than the costs we are facing.”
Rattner called out Biden’s remarks in a tweet Thursday, noting that the administration’s sanctions on Russia – which were imposed last month – would account for only a small percentage of the devastating inflation figure that reflects the past twelve months.
AMERICA Blames Biden & his Pelosi Democrat LEFT for ALL they have Done !!! NO need to LIE
From DAY ONE Biden, Alone , Ruined America !!!!!
Russia Smussia !!!!! tell it to Hillary !!!!! LOL ALL on BIDEN !!!!!
“Never underestimate Joe Biden’s ability to @#$! things up.” – Barak Obama
Blame > Pelosi , Schumer,Schiff, Nadler, AOC+3 , Watters, Obama, Kerry, Hillary, Rice, Clapper, Brennan, Lynch,
Pence, McConnell , Comey , & Many more Dirtballs in our GOVT !!!!!