Biden says Americans will pay high prices for ‘as long as it takes’ and again blames Putin for surging food and gas costs: President insists U.S. is NOT going backwards, inflation is ‘higher’ in every country and ‘we have the strongest economy’
- President Joe Biden said Americans should pay higher gas prices for ‘as long as it takes’
- He doubled down on blaming Vladimir Putin for America’s domestic woes
- The president also argued other countries have a higher rate of inflation, despite data that shows the opposite
- ‘Inflation is higher in almost every other country,’ he said
President Joe Biden on Thursday said Americans should pay higher gas prices for ‘as long as it takes’ as he doubled down on blaming Russian President Vladimir Putin for the United States’ domestic woes.
Biden, in a press conference wrapping up his NATO summit, addressed the high prices Americans are paying at the pump and the record high inflation facing the country even as he argued other nations have even higher prices.
And he angrily argued American is not going backwards under his presidency.
Domestic issues – abortion, gas prices, and the economy – dominated Biden’s press conference.
‘As long as it takes,’ the president said when asked how long Americans will pay nearly $5 a gallon at the pump. The average price of gas is $4.857.
He argued it was necessary to help Ukraine fight off Russia.
President Joe Biden on Thursday said Americans should pay higher gas prices for ‘as long as it takes’
The average price of gas is $4.857
Biden, as he has done repeatedly in the past, blamed Russia’s war in the Ukraine. He cites ‘Putin’s price hike’ when he talks about the high costs Americans are paying for food and gas – costs that have contributed to high inflation.
‘Ultimately, the reason why gas prices are up is because of Russia, Russia, Russia,’ he said. ‘The reason why the food crisis exists is because of Russia – Russia not allowing the grain to get out of Ukraine. ‘
The president also argued other countries have a higher rate of inflation, despite data that shows the opposite.
‘Inflation is higher in almost every other country. Prices pump are higher in almost every country. We’re in better position to deal with this anymore. We have a way to go,’ he said.
‘We have the strongest economy in the world. Our inflation rates are lower than other nations in the world,’ he argued.
Data from the Organisation for Economic Co-operation and Development from April 2021 until April 2022 shows U.S. inflation has been rising steadily above all other nations
While prices having been rising across the globe, the inflation in the U.S. has been higher than the G7 nations and China for most of the year.
The United Kingdom with a four-decade high of 8.6 percent has only just surpassed inflation in the United States.
But nations including Germany, France, Japan and Canada are all still behind the U.S. when it comes to prices.
Data from the Organisation for Economic Co-operation and Development from April 2021 until April 2022 shows U.S. inflation has been rising steadily above all other nations.
‘We’re strongly committed to bringing inflation back down. And we’re moving expeditiously to do so,’ Biden said.
And he got snappy when asked about Americans who worry the country is going backwards under his presidency.
Nearly 85% of U.S. adults feel the country is headed in the wrong direction, according to an Associated Press-NORC Center poll out this week.
‘They do not think that, you haven’t found one person, one world leader to say America is going back’ he said.
‘America’s in a better position with the world than we ever have been.’
Voters have consistently given Biden low marks on his handling of the economy, citing high gas prices, and naming it one of their top concerns.
Many Democrats are worried the voter anger will hurt the party at this November’s midterm election, when control of Congress is decided.