Biden’s past inflation narrative comes back to bite him

FILE - President Joe Biden speaks during a meeting with private sector CEOs about the economy in the State Dining Room of the White House in Washington, Jan. 26, 2022. The Affordable Care Act — or “Obamacare”— has inspired many exaggerated claims through the years, both from fans and foes. Now an AP Fact Check finds that President Joe Biden is adding is own. With a few loose words turned into a pithy formula, Biden implies that many more people are getting health insurance for less than $10 a month than is actually the case. (AP Photo/Andrew Harnik, File)

FILE - President Joe Biden speaks during a meeting with private sector CEOs about the economy in the State Dining Room of the White House in Washington, Jan. 26, 2022. The Affordable Care Act — or “Obamacare”— has inspired many exaggerated claims through the years, both from fans and foes. Now an AP Fact Check finds that President Joe Biden is adding is own. With a few loose words turned into a pithy formula, Biden implies that many more people are getting health insurance for less than $10 a month than is actually the case. (AP Photo/Andrew Harnik, File)

FILE – President Joe Biden speaks during a meeting with private sector CEOs about the economy in the State Dining Room of the White House in Washington, Jan. 26, 2022. (AP Photo/Andrew Harnik, File)

SRDTF News
UPDATED 11:58 AM PT – Thursday, February 24, 2022

Former congressman Ron Paul and his colleague Daniel McAdams are criticizing Joe Biden for shifting blame about inflation. While speaking on the Liberty Report Wednesday, Dr. Paul pointed out Biden is telling Americans they will face even higher inflation to defend the Ukrainian government. This comes as U.S. inflation rose to almost 8 percent over the past year.

Paul said Biden’s inflation happened due to his poor economic policies at home while foreign affairs is not the main reason. He went on to say the speculation of war and excessive focus on foreign policy are partially used to justify of economic problems facing America.

Meanwhile, Paul’s colleague, McAdams, pointed out Biden’s latest claim about inflation run in stark contrast with his comments at a press conference last November when he was confronted by a reporter about inflation. McAdams and Dr. Paul criticized Biden’s shifting narrative and maintain the root cause of inflation is not that complicated.

Paul says excessive government spending continues to be the driver of inflation. He suggested Biden and the rest of Congress must simply stop the reckless spending and warned the average American is the one who ultimately pays the price.

Full Report:

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