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WH Adviser Claims ‘It’s Not Accurate’ Biden’s Blaming Everyone But His Policies for 40-Year High Inflation

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OPINION: This article may contain commentary which reflects the author's opinion.


One of President Joe Biden’s top advisors stunned Fox Business host Neil Cavuto when he insisted that the president was not blaming everyone but himself for record high inflation.

Jared Bernstein spoke to Cavuto on Tuesday and the host asked him about that new inflation report that showed the Consumer Price Index rose 8.5% in March, the quickest rise since 1981.

“I know the president has blamed a lot of this on Vladimir Putin. I get that. But you must take some responsibility for some of this, the war I see but it reminds me of blaming the weight on the thyroid condition. I know the president and my point is you guys seem to be blaming everyone but yourself for even a tiny part of it,” Cavuto said to begin the dialogue.

“I don’t think that is accurate,” Bernstein said as Cavuto attempted to cut in. “It is the war.”

“I never hear hey, some of this is on me but I am going to fix it,” the host said of the president.

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“Wait a second let me address that directly. First of all March inflation up 1.2  percent, that is elevated, 70% of that is energy cost. Over 60% is gas alone. We know that Putin has his bloody  fingerprints all over the increase in energy,” he said, but Cavuto stopped him cold.

“Energy advance was prior to the start of the war,” the host said.

“We also know that’s what I was going to get out we know that our majors have increased demand in the economy going back to the rescue plan, what do I mean by that, 7.9 million jobs since this president got here, 3.6% unemployment almost the rate at pre-pandemic some of the best household balance sheets and the strongest earnings and that is part of a function of the relief from the American rescue plan,” the advisor responded.

“The also contributed to some of the inflation,” the  host hit back.

“Were looking – here’s where you and I might be on this. Were looking at strong demand and some of that strong demand was a function of the rescue plan which we will stand by all day lower child poverty, bringing unemployment down,” Bernstein said.

“A lot of that started the prior administration but pumped up on steroids. If things are like they are now would you recommend more government spending or would you say we are going to cool it,” the host said.

“Here’s the thing I’ll answer your question precisely that demand is a huge asset to working American families facing the most welcome laboring market in generations if not on record, we need to bring up the supply side of the economy to beat the increase in labor surprised we see that in the energy that we talked about today whether you see 15 or the release but yes we have an aggressive set of agenda items including helping families with childcare, elder chair cost, prescription drugs in decreasing the economy supply-side to meet strong demand. That is the Biden solution,” he said.

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But even Democrat West Virginia Sen. Joe Manchin is placing the blame on the president’s doorstep.

“Let me be clear, inflation is a tax, and today’s historic inflation data tells another chilling story about how these taxes on Americans are completely out of control. Hard-earned wages and financial savings are disappearing faster every month as prices continue to climb, while the pain and frustration of spending more on everyday items linger over us all, especially among those who can afford it the least. Americans are seeing some of the largest increases in goods such as gas up 48%, beef up 16%, chicken and milk up 13%, and staples like coffee and eggs are up 11%,” the senator said in a press release on Tuesday.

“When will this end? It is a disservice to the American people to act as if inflation is a new phenomenon. The Federal Reserve and the Administration failed to act fast enough, and today’s data is a snapshot in time of the consequences being felt across the country. Instead of acting boldly, our elected leaders and the Federal Reserve continue to respond with half-measures and rhetorical failures searching for where to lay the blame. The American people deserve the truth about why record inflation is happening and what must be done to control it,” he said.

“Here is the truth, we cannot spend our way to a balanced, healthy economy and continue adding to our $30 trillion national debt. Getting inflation under control will require more aggressive action by a Federal Reserve that waited too long to act. It demands the Administration and Congress, Democrats and Republicans alike, support an all-the-above energy policy because that is the only way to bring down the high price of gas and energy while attacking climate change. The United States of America is equipped to be energy independent from Russia and other terror-sponsoring countries while also working to fight global climate change and break our dependence on the critical mineral supply change from China,” the senator said.

“The inflation number today is only the beginning unless we take immediate action to address the pain being felt across our nation. This is one problem facing the American people that one political party alone cannot fix. The American people cannot wait any longer,” he said.

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