At the notion that his administration’s policies were responsible for the worst inflation in 40 years and record-high gas prices, the president reportedly bristled. “If it’s my fault, why is it the case in every other major industrial country in the world that inflation is higher? You ask yourself that? I’m not being a wise guy.”
Fox News White House correspondent Peter Doocy pressed White House press secretary Karine Jean-Pierre later Thursday to explain Biden’s inflation comments, noting that the U.S. has higher inflation than Germany, France, Japan, Canada, India, Italy and Saudi Arabia.
The latest figures on inflation for these countries indicate the following: Germany at 7.9%, France at 5.2%, Japan at 2.5%, India at 7.04%, Canada and Italy at 6.8%, and Saudi Arabia at 2.2%. Meanwhile, data released last week showed that U.S. inflation rose in May to a four-decade high of 8.6%.