The White House is persisting in its lie that skyrocketing inflation in the United States is due to Putin’s war against Ukraine. But on Sunday, CBS News’ “Face the Nation” completely debunked the Biden administration’s inflation lies. Watch:
“So a number of economists,” Margaret Brennan began. “I want to put up chart of inflation here for our audience to see measured by the consumer price index. So from the beginning of the pandemic through now, and as you can see, the tick up began good year before the war Ukraine began, a number of economists, including at the San Francisco Fed, have said that the tremendous fiscal spending that went underway the 6 trillion in two years, did add to that.”
“Including, as you can see right on there, the 2 trillion that the Biden administration pushed through in the Spring of 2021,” CBS’s report went on. “So when people look at that and they say, ‘well, the White House told us that inflation would be transitory, the White House told us we could go through with this kind of spending, we’d be fine.’ Even when Democrats within your own party were warning, this would add to inflation, how do you win credibility here to the public? And say, this time we are not wrong.”