WATCH: Biden video shows that he was WRONG about inflation

Many Americans have found it harder to make ends meet recently, with prices rising at the same time that consumer goods have become tougher to find.  

A video clip has emerged showing President Joe Biden suggesting back in July that any spike in inflation would be short-lived. His comments haven’t aged well.   

The clip was posted by the GOP War Room on Wednesday, and it was taken from a CNN town hall event Biden that appeared at.

It shows him telling a woman, “The vast majority of the experts, including Wall Street, are suggesting that it’s highly unlikely that there’s going to be long-term inflation that’s going to get out of hand.”

Poll finds 9 out of 10 voters fear rising inflation

However, polling data shows many regard the situation much more seriously. Fox News published a survey last month which found that some 90 percent of voters regard inflation as a serious concern. 

What’s more, the poll reported that only half of respondents indicated they could live off of their savings for three months should the need to do so arise. 

Fox News reported this week that drivers have been particularly hard hit, with gasoline prices reaching $5 per gallon in some areas of the country. 

Meat has also become less affordable as well and may leave some consumers hard pressed to afford turkey for Thanksgiving and Christmas dinner. 

Sean Hannity says Biden’s energy policies and spending bills are to blame

That led Fox News host Sean Hannity to lash out on Wednesday’s episode of his nightly program. He argued that the Biden administration’s big spending bills and green energy policies are to blame for the current crisis. 

“Every single economist in the country not named Janet Yellen is warning this spending would greatly accelerate inflation, which is now impacting all us,” Hannity complained.

“At a time when inflation is already at a 30-year high — well, we got bad news today — wholesale prices, they are up a whopping 8.6 percent, he added. “We already know gas prices are up on average $1.50 a gallon, costs a lot more to fill your tank, the cost to heat and cool your home. 

“Well, it could be up by a hundred percent by the end of the winter heating your home and you might not even be able to find a turkey in time for Thanksgiving.”

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