On 3/14/2022, Joe Biden on Monday delivered remarks on US economy and infrastructure at the National League of Cities Conference in Washington, DC. Biden blames record gas prices and skyrocketing inflation on Putin, he specially made sure to say “it is not a joke”. Biden said, “We know that families are still struggling with higher prices. Let’s be absolutely clear about why prices are high now or high for two reasons.”

The first, Biden said, is due to “the way the global economy works … disruptions supply chain” “And now, a second big reason for inflation is Vladimir Putin,” Biden said. He added: “Make no mistake, the current spike in gas prices is largely the fault of Vladimir Putin — it has nothing to do with the American Rescue Plan.”

Biden said he discussed soaring gas prices as a kid ‘at the kitchen table.’ “I grew up in a family where when the price of gas went up at the pump at the gas station, we talked about it at the kitchen table,” said Biden. But prices were flat for Biden’s childhood.

Biden repeats that build back better wouldn’t raise taxes on people making less than $400k year, and 17 Nobel Prize Winners in economics wrote to him saying his multi-trillion-dollar Build Back Better redistribution plan will ease inflation.

Asked how high Biden expects gas prices to go, Jen Psaki says “i don’t have a prediction”.
Jen Psaki now says no one thought sanctions on Russia would be “100% effective”, and says there are consequences for Russia that Admin hasn’t used, but can’t say what they are.

https://facebook.com/HygoNewsUSA/videos/5019189264827316
Putin prices hike is not a joke, no one thought sanctions “100% effective”, gas prices no prediction