White House press secretary Jen Psaki warned of additional inflation ahead, blaming Russian President Vladimir Putin for the increased financial burden on Americans.
Psaki shared the remarks during her daily press briefing on Monday ahead of an expected Consumer Price Index (CPI) report by the Bureau of Statistics & Labor.
— Daily Wire (@realDailyWire) April 11, 2022
On Tuesday, it was revealed that Biden’s inflation reached a 40-year high at 8.5%, as the administration still falsely places full blame on Vladimir Putin.
“Because of the actions we’ve taken to address the Putin price hike, we are in a better place than we were last month, but we expect March CPI headline inflation to be extraordinarily elevated due to Putin’s price hike,” Psaki told reporters on Monday.
Memo to Jen: No one in America believes inflation has anything to do with Putin. It was here before the war and will remain after. Stop treating people as if they were stupid. Start treating people with respect and they might actually listen to you.https://t.co/dyeKWI8Tuh
— Jim Rickards (@JamesGRickards) April 11, 2022
“We expect a large difference between core and headline inflation, reflecting the global disruptions in energy and food markets,” she added.
‘We need to do more’
Psaki also argued, “We need to do more to reduce costs for the American people.”
“We need to do more to reduce costs for the American people.”
White House Press Secretary Jen Psaki says the White House expects the Consumer Price Index report on inflation for March “to be extraordinarily elevated due to Putin’s price hike.” pic.twitter.com/MsImm8189U
— CBS News (@CBSNews) April 11, 2022
This is the second month the White House has blamed Putin for inflation and gas price increases, and it continues to fail to explain why prices were on the rise long prior to the war in Ukraine.
“Americans‘ budgets are being stretched by price increases and families are starting to feel the impacts of Putin’s price hike. A large contributor to inflation this month was an increase in gas and energy prices as markets reacted to Putin’s aggressive actions,” Biden said in March.
Putin may be an easy target to blame, but those watching closely realize most of the concern is related to the policies of Biden and Democrats.