President Joe Biden has no answer when it comes to inflation. In fact, he is doing everything he can to downplay the issue.
Inflation has become a drag on Biden’s poll numbers and on the chances of passing the now $1.85 trillion Build Back Better Act that he has been trying to win centrist Democrats over on. A CNN fact check came to Biden’s defense, claiming that it is “false” to exclusively blame Democratic spending policies and noting that supply chain disruptions and global oil production are also to blame.
Of course, the Biden administration has been belittling supply chain issues as “high-class” problems, as White House chief of staff Ron Klain promoted, or as “the tragedy of the treadmill” in the words of White House press secretary Jen Psaki. Meanwhile, Biden has begged OPEC to boost production after Biden himself moved to suppress domestic fuel production.
Biden has since decided to tout BBB as something that would help curb inflation, though it’s difficult to trust the claims of an administration that was “surprised at how serious the inflationary problems are throughout the economy.” In fact, Biden’s National Economic Council deputy director has said that inflation is actually a positive development.
But the Biden administration and its supporters promise that its economic policies will slow inflation … eventually. In the meantime, inflation is going to get far worse, even according to the forecasting firm Biden cites to support his agenda.
Just as with immigration, Afghanistan, and unemployment, Biden and his allies want us to think that he is nothing but a bystander. It can never be his fault or the fault of the policies he has pursued and implemented. The world is simply out of his control. It’s OPEC that isn’t boosting production, not Biden’s failed energy policies. It’s those oh-so-complicated supply chains that are to blame, not Biden’s COVID-19 stimulus and unemployment policies.
It’s become Biden’s go-to move. Everything that happens under his watch is either inevitable or irrelevant. Inflation has somehow become both, as Biden ignores his own role in the issue while promising that he has a magic solution as he continues to trudge through with his own agenda.