President Biden has routinely exploited the ongoing, tragic conflict in Ukraine for covering up his domestic incompetence, with one of the biggest indicators of his incompetence including the horrific state of American economy.
Inflation has spiraled out of control, decimating relatively modest increases in wages and posing a grave threat to the economy in the future, especially in light of the recently reported 9.1 percent inflation levels in June, shattering already high expectations of 8.8 percent.
However, rather than proactively address issues regarding inflation, Biden has routinely engaged in the blame game, going as far as to mislabel inflation at home as “Putin’s price hike.”
The reference to “Putin’s price hike” is disingenuous given that inflation began shortly after Biden took over, especially in terms of rising fuel prices. In addition, ineffective sanctions have compounded costs, especially in terms of fuel.
Now, another radical Democrat has joined in the blame game, with none other than Senator Elizabeth Warren ranting and raving over Putin’s apparent impact on the U.S. economy.
“An energy shock from Putin’s war, supply chains still reeling from a pandemic, and corporate monopolies raising prices are all driving inflation,” Warren roared, conveniently forgetting the fact that Biden bragged sanctions would hurt Russia, rather than the other way around.
However, Warren also lambasted the Federal Reserve in addition to Putin, as apparently the Central Bank is responsible for stopping Biden from approving terrible economic policies, starting with the termination of the Keystone XL Pipeline.
“I’m deeply concerned that the Fed is ill-equipped to respond and rate hikes could cause a recession,” Warren remarked, though she offered no other solution that the Federal Reserve could pursue to tamp down inflation.
The senator then pivoted to Congress, effectively accusing them of not doing enough.
“Congress needs to step up, too,” Warren ranted, “making billionaire corporations pay a minimum in taxes, invest in affordable childcare, and empower Medicare to negotiate lower prescription drug prices.”