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Biden Dismisses Record-High Inflation News As ‘Out-of-Date’

Gary Ray by Gary Ray
July 13, 2022
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Last August, President Biden said he did not see the polls. In January, he said he did not read the polls. Today President Biden lashed out at a reporter saying, “Read the polls, Jack,” after the reporter questioned the president on his assessment of the economy and his chances in a 2024 election bid.

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Biden’s policies have been an economic disaster for America. Inflation is now at a 40-year high, which portends a “red wave” in the midterms and makes Biden a weak candidate in 2024. 

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On Tuesday, the president was asked, “What’s your message to Democrats who don’t want you to run again?”

“They want me to run,” Biden responded.

The president’s statement was bold in light of the fact that a recent and highly publicized New York Times-Siena College poll found that 94 percent of Democrats under age 30 do not want Biden to run again and 64 percent of Democrats prefer someone other than Biden to run in 2024.

Citing the poll, the reporter responded to the president’s statement by noting: “Two-thirds say they don’t.”

An agitated Biden responded by saying, “Read the polls! Read the polls, Jack! You guys are all the same. That poll showed that 92 percent of Democrats, if I ran, would vote for me.”

Biden was referring to the peripheral data showing 92% of Democrats would vote for Biden if their choice was limited to either Biden or Trump. 

RNC posted the exchange on Twitter.

"What's your message to Democrats who don't want you to run again?"

BIDEN: "Read the polls! Read the polls, Jack! You guys are all the same." pic.twitter.com/e0G3Sfufwm

— RNC Research (@RNCResearch) July 12, 2022

Biden was compelled to address America’s economic woes after a recent report showed the Consumer Price Index (CPI) rose 9.1% between June 2021 and June 2022. The inflation report exceeded a Dow Jones prediction of 8.8%. 

Minimizing the gravity of the situation, the president noted that inflation was “unacceptably high” but asserted the data were “also out-of-date.”

Biden made his case in a statement released by the White House: 

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“Energy alone comprised nearly half of the monthly increase in inflation. Today’s data does not reflect the full impact of nearly 30 days of decreases in gas prices.” 

The president added that “gas prices have fallen by $0.40 since June” and that “those savings are providing important breathing room for American families.”

AAA reports that the national average price per gallon for gas still exceeds $5.00 per gallon, which is more than double the $2.38 per gallon price when Biden took office.  

Focusing on scraps of positive news, Biden added that “other commodities like wheat” fell sharply in the last 30 days. 

However, many warn that high fuel and fertilizer prices are putting great pressure on farmers and suppliers across the globe and that this will result in shortages and price spikes in the near future.

Biden assures that “tackling inflation” is his “top priority,” though inflation during his tenure as president is more than twice as high as his predecessor’s. 

Seeking to cast blame, Biden reminded Americans that COVID and Putin are to blame for much of America’s economic problems:

“Inflation is … hitting almost every country in the world,” said Biden. who added “all major economies are battling this COVID-related challenge, made worse by Putin’s unconscionable aggression.”

Additionally, Biden has called on gas station owners, which according to The Daily Caller “earn margins as low as 1.4% on their fuel,” to bring down their prices.

Earlier this month, Biden tweeted:

“My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril. Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.”

The Daily Caller noted how the U.S. Oil and Gas Association chastised the president by asking him to “please make sure” the White House intern who posted the tweet “registers for Econ 101 for the fall semester.”

Working on it Mr. President. In the meantime - have a Happy 4th and please make sure the WH intern who posted this tweet registers for Econ 101 for the fall semester... https://t.co/6yLpbDDRKc

— US Oil & Gas Association (@US_OGA) July 3, 2022

 

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