From the very start of the Biden administration, there have been concerns about just how eager the longtime American politician was to actually put in the work.
You see, Joe Biden was not really all that willing a candidate for the Democrats, having to be convinced to run for office in the first place, and all on account of their hope that he could steal away from midwestern moderate votes from Donald Trump.
Now that he’s been elected and inaugurated, this sentiment has fomented a great stagnation in the nation’s capital, and with it comes a tidal wave of economic trouble.
The Biden administration is bracing for Tuesday’s key consumer inflation report to show that the prices Americans pay soared in March, as Russia’s assault on Ukraine caused energy prices to jump.
White House press secretary Jen Psaki said Monday that the Labor Department’s previous report — which showed prices rising at a dramatic rate in February — failed to include the majority of the jump in oil and gas costs caused by the Kremlin’s unprovoked invasion.
Even her verbiage was troubling.
“We expect March CPI headline inflation to be extraordinarily elevated due to Putin’s price hike,” Psaki told reporters.
The news comes just weeks after Biden-flation increased to levels not seen in the United States since the early 1980’s.