President Joe Biden blamed Russian president Vladimir Putin for “70%” of the inflation in the US under the Biden administration during a speech in North Carolina on Friday.
“Putin’s invasion of Ukraine has driven up gas prices and food prices all over the world,” Biden said. “Ukraine and Russia are the one and two largest wheat producers in the world. We’re three. They’re shut down. We saw that in yesterday’s inflation data.”
“What people don’t know is that 70% of the increase in inflation was the consequence of Putin’s Price Hike because of the impact on oil prices,” Biden insisted. “Seventy percent.”
The POTUS then insisted that the US must “address these high prices, and urgently, for working folks,” without detailing any immediate plans under his administration for doing so.
Biden: "70% of the increase in inflation was the consequence of Putin's price hike" pic.twitter.com/6xMEJVU3BY
— Greg Price (@greg_price11) April 14, 2022
As Valiant News previously reported, President Joe Biden then experienced a trademark “Biden moment” on Thursday, following a speech in North Carolina, miming a handshake when he was all alone on stage with nobody standing next to him.
Immediately after ending his speech with “God bless you all,” Biden turned to his right and said something to the empty space space behind him – where another person would presumably be if Biden was not all alone – and mimed a handshake.
The 79-year-old POTUS then looked around with a confused expression on his face, before beginning to amble aimlessly around the auditorium.
The speech itself was not nearly as eventful as the events that unfolded immediately after. Biden delivered boilerplate rhetoric about his Build Back Better agenda as his approval ratings floundered.
“Every action I’ve taken to rebuild our economy has been guided by one principle: made in America means using products, parts and materials built right here in the United States of America,” Biden said.