First, there was no inflation, then there was “transitory” inflation, then there was regular inflation but it was Putin’s fault, now’s there historic inflation causing mass turmoil (and it’s still Putin’s fault) but it’s not as bad as other countries.
That depicts the utter ridiculousness of the Biden administration’s messaging regarding inflation and the failing economy.
But let’s focus on the latest talking point coming out of the White House. It’s arguably the most fascinating in what is now a long list of complete and utter b***s***.
Officials no longer claim inflation is “transitory” and are finally admitting it’s a problem. However, according to the White House, Biden’s policies have somehow created a scenario where inflation in the U.S. is lower than anywhere in the world.
It’s not difficult to look up rates of inflation around the world and compare them to the rate of inflation in the United States, so did the White House not anticipate someone actually doing the research?
White House press secretary Karine Jean-Pierre was challenged on this very point during a Thursday press briefing.
Fox News correspondent Peter Doocy asked Jean-Pierre why Biden is claiming that the rest of the world is worse off on inflation than the U.S., to which the press secretary truly had no clue how to respond.
DOOCY TIME: "Why is [Biden] saying that inflation is worse everywhere but here?"
KJP: "B/c of what we have seen across the globe. First of all, inflation is a global challenge, as we have said. It is–it is–it is–it is caused by, clearly, the pandemic…and also…the war" pic.twitter.com/3UPQnVjYPL
— Curtis Houck (@CurtisHouck) June 16, 2022
Notice how she immediately calls inflation a “global issue” when it’s her boss who was comparing America’s inflation to the rest of the world.
“So if you look at globally, other countries, and if you look at where we are economically when you think about the Group 7, the G-7, we are in a much stronger place than we are economically than the rest,” Jean-Pierre replied.
Doocy immediately pushed back, listing several countries that were facing higher inflation rates than the United States.
Doocy: "He says…inflation is worse everywhere but here. That's not true. U.S. has worse inflation than Germany, France, Japan, Canada, India, Italy, Saudi Arabia…Why is he saying that?"
KJP: "Well, I think what we are saying is…it is a global thing…everyone is feeling" pic.twitter.com/FW46GK1LH0
— Curtis Houck (@CurtisHouck) June 16, 2022
According to Pew Research, the United States ranks 19th on a list of 36 nations in terms of the change in annual inflation rate between the first quarter of 2020 and the first quarter of 2022.
Of the top five nations, Israel ranks highest followed by Greece, Italy, Spain, and Portugal — and all five have seen their annual inflation rate increase by a factor of at least ten between 2020 and 2022.
Author: Sebastian Hayworth
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