White House tries to pass the buck to Putin as it warns of 'elevated' inflation rate
White House press secretary Jen Psaki admitted Monday that fresh monthly inflation data will be “extraordinarily elevated” when it’s released Tuesday — after inflation hit a 40-year high of 7.9 percent last month.
“We expect March CPI headline inflation to be extraordinarily elevated due to [Russian President Vladimir] Putin’s price hike, and we expect a large difference between core and headline inflation reflecting the global disruptions in energy and food markets,” Psaki said at her regular press briefing.
NPR reporter Asma Khalid pressed Psaki on the White House’s attempt to blame Putin’s invasion of Ukraine, saying she had just returned from a reporting trip to Michigan, where many people told her “they feel that inflation has predated this war.”...READ MORE AT https://nypost.com/2022/04/11/white-house-warns-of-elevated-march-inflation-rate/
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4/12 update; inflation surges to 8.5% https://www.nationalreview.com/news/inflation-surges-to-new-four-decade-high-of-8-5-percent-in-march/?utm_source=onesignal&utm_medium=push&utm_campaign=article
It was out of control long before Putin. Remember when it was going to be transitory? Honestly this administrations thinks that people have no memory. But we do and when it comes to voting, we will.
ReplyDeleteI'm with you. Our food shopping bill and we're pretty much getting the same thing twice a month, has gone up almost twenty percent. My family clips coupons, shops the sales and the circulars, and we're even eating pasta twice a week now. My son even managed to find an after school job to help out. I'm proud of him but it's gotten to the point where we need that money just to break even
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