Upset that inflation just blew past the previous forty-year record and might be far, far higher than the 7.5% that BLS is claiming ? Well, you won’t find any relief from President Biden, who doesn’t seem to have any idea what’s going on.
In fact, he’s even admitting that he doesn’t know what’s going on, much less how to stop it, saying so in a recent, highly disturbing take on the inflation crisis. Watch him here:In In the video, Biden says “ The fact is that if we are able to do the things I’m talking about here, it will bring down the costs for average families. Bring down the costs for average families. I don’t why they keep moving and all that but the fact is they keep down the costs for average families. ”
But if those prices keep rising for reasons that are obviously unbeknownst to our fearless leader? Well, then you just need to have “peace of mind.” Yup, he said that too, saying:
“ The fact is that we’re in a situation now where, you know, you should have peace of mind.
I know food prices are up, and we’re working to bring them down. As I said…the price at the pump went up…But these things are necessities. ” Biden on inflation: “We’re in a situation now where you should have peace of mind.” pic.twitter.com/y8VBcJIDwQ — RNC Research (@RNCResearch) February 10, 2022 Try as Biden might to calm the populace, his meaningless words and admissions of ignorance probably won’t give Americans “peace of mind” right now.
Why? Because not only is the headline inflation rate at 7.5% year over year, but real inflation, the inflation that impacts average people when they need to buy things, is far higher than that. In fact, it’s gotten so bad that […]
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