President Joe Biden refused to accept any responsibility for the nation’s crippling inflation rate Friday, instead blaming record-high prices on Donald Trump.
“My Republican colleagues say these programs to help the working-class and middle-class people – they say that’s why we have inflation. They’re dead wrong. Under my predecessor, the great MAGA king, the deficit increased every single year,” claimed Biden.
“The first year of my presidency I reduced the deficit by $350 billion. Just in the first year,” explained the President. “This year, we’re on track to cut the federal deficit by $1.5 trillion. The biggest decline in debt in American history.”
Watch Biden’s comments above.
If biden is wrong, then what is the real reason? What did biden do to cause the GLOBAL inflation we are seeing? Point to the actual policy decisions he made that caused inflation to happen around the world. Please, put your economics degrees to use and enlighten us all.
Have a wonderful day!
Also, I have seen conservatives reveling in the moniker “MAGA King”. Leave it to boot-licking right-wingers to WANT a king. This country was established to get away from monarchy, not embrace it. Honestly, though, a better nickname would be MAGA jesus the way y’all worship a billionaire who was born in New York city to wealthy parents and described himself as a democrat all his life… until he realized he could fleece ignorant republicans.
Well Joe, Steve Rattner, who was an advisor to President Obama, indicated Biden’s spending has put gasoline on inflation. And Larry Summers, economic advisor to Clinton and Obama warned Biden to put the brakes on stimulus or risk unleashing a “serious burst of inflation.” Why can’t you agree that excessive government spending is a major causes of inflation?
Sean , until Fox covers 2000 Mules I WIL NOT WATCH OR GO ON THERE WEBSITE! How tone deaf are they ? You need to find a new host !
Billy Bags, we don’t want a King. We know Trump isn’t a King and he isn’t trying to be one. We revel in the MAGA King label because it is really, really funny and it is perfect material for t-shirts and hats! 😆😆
Dude NUMBERS DON’T LIE! As soon as that mummy pulled keystone permits and stopped d production we went straight to hell. When gas cost more everything cost more PERIOD NO ARGUING THAT!
Billy Bags, you’re cute. Good try though. I see this as one big problem. Politicians have too much power and they are using it to divide us. All of you simple minded “Americans” allow this to happen. Democrat or Republican I don’t care. We should all be standing together against OUR government, not at each other. They make their own rules to “protect us” and to “fight against us” we are not free! We are also not the best country, but we can be. Side note, anyone who say they have an “economics degree” or are an “economist” are full of shit! You’re a guesser, and every “economist” in every administration has been dog shit that have been wrong every time! And not wrong by a little but a whole lot. I’m sure we can just ask a third grader and they would give a better guess than all these morons. “Look at the past to see trends? Do projections? It’s all made up bullshit that doesn’t work. Kind of like oh I don’t know how anyone in their right mind thinks our current administration spending billions makes our deficit go down. You gotta be a special kinda retard to believe that. Our government lies to us and steals from us and we need to rid ourselves of the corrupt government we currently have.
Here ya go, it’s actually pretty easy to explain:
Joe is 100% inept. He’s getting pushed around like a confused old man he is. He cannot blame anyone but himself for the crap sandwich we’re in. The Democrats are doing this on purpose for power alone. President Trump had this country running beautifully despite resistance from the left at every turn. If you can’t realize that you should get examined.
😅 boy is he lost
Damn just shows ur a fanatical democrat
Anybody that thinks Joe Biden is responsible for all this inflation doesn’t understand fundamental economics. This horrible inflation we’re experiencing is primarily a result of an increased money supply (M1). That has been brought on by an artificially low interest-rate policy, fed market operations (fed buying assets), and government stimulus payments. Combine the excess money supply with supply chain shocks brought on by Covid, the war in Ukraine, and probably some things I’m leaving out brings us to the current rate of inflation. Of all those problems, the only one directly attributable to the Biden administration is that his Fed has been slow to raise interest rates, the rest were brought on by circumstance or the Trump administration. It drove me nuts when Trump would tout “the greatest economy the world has ever seen”, and in the same speech vilify the Fed for not reducing interest rates to below zero.
This guy is smoking crack like his son😂
Go ultra MAGA King
Billy Bags. LOL! Seriously LOL! IT’s all Trumps fault! LOL!!!
First I want to ask what has Biden done positive for America??I have been asking this question for over a yr and all I get is that I am a Trump lover , that is not an answer, ask your self how for 4 yrs did Donald Trump fight off the deceitful democrats on their bogus made up impeachment scam and still have the lowest economy, safe boarder , no wars and gas was 1.82$ a gallon how did he do this???? We have fuel reserves Biden won’t use americas reserves because that was a Trump thing Biden would rather have Americans suffer so that Trump won’t get the glory
Funny how we were warned that if Sleepy Joe was elected what would happen and guess what… everything is coming to light! Any moron who still supports this idiot doesn’t understand how everything in politics work. Honestly, I’m not waiting my time to break down the hooked on phonics version for you!
When you print trillions of dollars while having people locked down and not producing you have too many dollars chasing too few goods. And Biden wanted to print a lot more but was stopped.
Billy Bags, you are a very ignorant person and clearly a Left Wing Extremist. What did Joe Biden do to cause inflation. Start with Day One…he cancelled the Keystone Pipeline and laid off 10,000 people with high-paying jobs. He declared during his campaign that his climate extremist goal was to end fossil fuels. Reduce energy, increase prices. Trucks, trains and planes don’t run on electric. And even if they did, where would the electricity come from. Generally from coal since you libs who claim to be environmentalists oppose the cleanest energy, nuclear. Just watch the Wizard of Oz, all of you need a brain, you have no heart because you hurt people not rich enough to drive a Tesla and no courage to use common sense instead of passion.