Americans are reeling from surging gas prices, food prices, and the price of rent – all of which have steadily risen since the start of the pandemic. US President Joe Biden has chosen to blame Russian President Vladimir Putin for the situation, dubbing it “Putin’s price hike” – but people aren’t buying it.
In addition to mile-high inflation, the US economy risks stagnating as consumers are unable to pay the higher costs of basically everything from gas to essential groceries. The logistical supply chain crisis and shortage of transportation workers – already serious issues exacerbated by pandemic-era lockdowns and movement restrictions – haven’t helped matters.
Biden, who ran on the promise to “always choose to unite rather than divide,” is trying to unite Americans in common cause against Russia, which he blames as the source of all of the problems ailing the United States – even ones that cropped up well before the conflict in Ukraine, and ahead of Biden’s sanctions on the Russian economy.
And he’s doing this all the while condemning Republicans and their “ultra-MAGA” plan to “raise taxes on working families.” So much for unity.
Days after announcing the sanctions in March in support of Ukraine, Biden bragged that “as a result of our unprecedented sanctions, the ruble was almost immediately reduced to rubble.”
“The Russian economy is on track to be cut in half,” he continued. “It was ranked the 11th biggest economy in the world before this invasion – and soon, it will not even rank among the top 20.” The prediction didn’t age well, as the ruble swiftly rebounded and is now worth more than it was even prior to the conflict.