On 4/12/2022, Joe Biden traveled to Menlo, Iowa to deliver remarks on his infrastructure law and his plan to lower costs amid the nation’s worst inflation crisis in more than 40 years. The US inflation rate soared to 8.5% in March under Joe Biden.
Before Biden’s speech, CNN’s Kaitlan Collins predicated that Biden would use Putin to blame the high inflation, she fact checked Biden “of course gas prices had been going up before [Putin’s invasion]”. As predicated, instead of taking responsibility, Biden blamed Vladimir Putin: “We saw today’s inflation data. 70% of the increase in prices in March came from Putin’s price hike in gasoline.” “Your family budget, your ability to fill up your tank, none of it should hinge on whether a dictator declares war and commits genocide a half a world away,” Biden added.
Media reaction: CNBC calls out Biden econ advisor “we’re seeing rising prices everywhere,” not a result of the war. CNN contributor “the increase in prices long predates the war”. CBS news’ Ed O’Keefe fact checks Biden for blaming inflation on Putin. CNN’s tapper fact-checks Biden advisor Deese, “inflation in the us preceded this attack”.
Biden walks on stage in Iowa, starts rambling about how nobody heard him last time. He was slurring his words then out of the blue introduced himself and he even struggled with that. “Now as I was campaigning here in Iowa and made that commitment, I don’t think anyone heard me, but we’re back, we’re back and I – uh, my name is Joe, Joe Biden and I work for Congresswoman Axne…” said Biden. “Your family budget, your ability to fill up your tank, none of us should hinge on whether a dictator declares war and commits … a half a world away,” Biden said.
Joe Biden also said that I’m starting to bore myself here. He starts whispering before microphone shrieks with feedback.
Biden claims he grew up talking about gas prices, but gas prices were flat during his childhood.
Kamala Harris tells a joke, then forgets to stop laughing.
Biden adviser Jared Bernstein says it’s true U.S. Is not above negotiating with terrorists for oil.
MSNBC “numbers are staggering” people who are already “economically vulnerable” hit the hardest.
Fox business “hot numbers” highest we’ve seen since January 1982 “over 40 year high”.
CNBC over 40-year high spike in prices from last year.
The president, who is on a “rural infrastructure tour”, announced that his administration is suspending a federal rule that bans the sale of E15 gasoline during the summer in an attempt to curb rising fuel prices triggered in part by the fallout of the Russian invasion of Ukraine. Iowa is a leading producer of ethanol, and also serves as a key early state in presidential primaries. Biden is also using this trip to tout the impact of the recently-passed infrastructure bill for rural communities.
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CNN predicated Biden using Putin price hike, media fact checks Biden for blaming inflation on Putin