Ah, the good ol’ days…
January 2021…
… gasoline averaged $2.67/gallon in the East and $3.70/gallon in the West; … household electricity was 13.09 cents/kilowatt hour; … eggs cost $1.67/dozen.
Yep, January, 2021. Think everything costs more? Guess what? Even Biden’s US Bureau of Labor Statistics (BLS) agrees with you. “No joke.”
Biden’s BLS states that from February 2021 – 2022, gas increased 38%, electricity increased 9%, food increased 7.9%. “That’s not hyperbole.” Why? What happened in early 2021? Hmmm… well, Biden took the presidency, and after months of reporting “transitory” escalating prices, his administration finally acknowledged inflation. Biden blames it on the pandemic and Putin. OK…so let’s see.
First – the pandemic. The pandemic is an easy scapegoat but it began in March 2020. Per Biden’s BLS, inflation was 1.9% in 2018, 2.3% in 2019, 1.4% in 2020, and 7% in 2021. And although the pandemic began in early 2020 and inflation wasn’t an issue until 2021, Biden blamed it as the primary reason for inflation in his Democratic Caucus Issues Conference speech.
Second – Putin. During that same Caucus speech, Biden blamed Putin as inflation’s second reason. On February 7, 2022, weeks before Putin invaded Ukraine, AAA stated the average price for a gallon of gas was $3.44, $.98 more than the previous year. Biden’s closing words to the Caucus were “Democrats didn’t cause this problem. Vladimir Putin did.” Blaming Putin for higher prices PRIOR to the invasion is simply nonsense.
Biden blames the pandemic and Putin.
“C’mon man.”
Karen Bills
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