Food inflation, which accounts for nearly half of the overall consumer price basket, is expected to have moderated due to falling vegetable prices, offset in part by surging cereal prices.
my power by executive orders to bring down the price and address the putin price. i in fact have already made progress since march inflation data was collected . your family budget, your ability to fill up your tank, none of it should hinge on whether a dictator declares war and commits in half a world away. so this is their last desperate talking point and it s highly familiar to anyone who s watched american politics for the last six years. putin did, but it s ridiculous and we feel it s always a moral obligation rebut it with facts . this chart clearly shows here are several core measures of 20 inflation that go back to 2011 . you notice that all of those measures begin spiking in what year? twenty , twenty one right after joe biden tookegan office. it was the spending that did it. he s not the only one who spen too muchh but he spent the most. biden could claim a spiketa started this february in the media would probably protect him, but things have so obvious economic decline being
a very, very difficult job ahead of them. the nowm. is being charitable there. these people are neither skillful noror lucky.nt. they re totally incompetent.. i and i know this is going tos goe written off as just another b right wing spin, but the angle believes that this inflation spiral biden created could mean the end of the democratic party for a generation. remember afterener. jimmy cartet took democrats 12 years to shake off the carter hangover and win the presidency again. so a you would think that thes democrats would see today s news as a sign that it is time to pivot, to moderate, to learn. but you d be wrong. erything wit i m doing everything within my power by executive ordershieo bring down the price v and address the putin price.e right. in fact, we ve already made progress since march inflation data was collected. you your family budget, your ability to fill upr your tank, none of it shouldon hinge on whether a dictator declares war and commitswa in half a world away to
rate is nowhere close to a record, with nearly 15% inflation in the early 1980s along with soaring unemployment. today a low unemployment rate of 3.6% and a strong demand for workers offers optimism about the prospect for a stronger economy ahead. in fact, we ve already made progress since march inflation data was collected. 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. reporter: as the president spoke about what he calls putin s price hike in the gasoline prices, he used the word genocide for the first time to refer to the atrocities being committed by russia towards ukraine. he said american pocketbooks should not have to be dictated by the genocide of a dictator half a world away. the white house has tried to shy away from using the word genocide. the president used it in iowa on tuesday. a central question for inflation, though,
has driven up prices all over the world. 70% of the increase in prices in march came from putin s price hike. doing everything i can to bring down the prices of the putin price hike. we have made progress since the march inflation data. your family budget, your ability to fill up your tank should not hinge on whether a dictator commits war and commits genocide half a world away. jesse: nice try, joe. the numbers tell a very different story. prices have been on the rise since president biden took office, long before putin launched an invasion. even the left-wing media doesn t buy it. this whole idea, the white house is just losing the messaging war. if only they knew how good the job situation was. if you ask americans why do you think the economy is bad, it s inflation. the voters know exactly what s going on. they are not stupid.