Psaki continues to blame Vladimir Putin for Biden’s record-setting inflation

On Monday, just a day before the CPI was set to release the latest inflation number, which turned out to be a staggering 40-year high at 8.5%, White House Press Secretary Jen Psaki warned reporters that any shocking numbers would be a direct result of “Putin price hike.”

The false narrative being pushed by the White House, and by many Democrats, is a desperate, hail-mary attempt to deflect any blame for the rise in prices from the Biden administration, which is already struggling with a number of crises both at home and abroad. 

According to The Daily Wire, Psaki appeared to be all-in on blaming Putin for America’s economic worries but failed to explain how rising inflation and energy costs prior to the February invasion of Ukraine are still “Putin’s” fault.

Democrats, including the White House, have blamed a number of entities and circumstances for rising costs of basically everything we use, but haven’t once taken ownership for even a sliver of the problem.

“Putin price hike”

Keeping up with their misinformation campaign, Psaki repeatedly uses the phrase “Putin price hike” when explaining America’s economic woes and when answering tough questions from the press.

“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 said Monday.

Just a day later, the Consumer Price Index report, released by the U.S. Bureau of Labor and Statistics, pegged inflation at 8.5%, the highest number since the late 1970s and early 1980s.

The actual CPI number beat the Dow Jones estimate of 8.4%.

What’s happening?

Undoubtedly, the Russia-Ukraine situation has not helped the CPI over the past two months, however, what people have an issue with is the fact that the White House — which ran on promises of being the most transparent administration — refuse to take accountability for the price rise that was already happening prior to the war.

Many have blamed the Biden administration’s asinine “green energy” fantasy and refusal to drill for fossil fuels on U.S. soil, along with moves in the early days of Biden’s presidency in canceling the Keystone XL pipeline project and other projects that would have kept America energy independent.

Unfortunately, as bad as 8.5% sounds, we’ll likely soon miss that number, as it’s only expected to climb higher before “Bidenflation” begins to subside.

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