President Joe Biden said on Thursday that it was “bizarre” to claim that his big spending plan has lead to high inflation.
Biden made the comments in an interview with the Associated Press.
“The need for mental health in America, it has skyrocketed, because people have seen everything upset,” Biden said. “Everything they’ve counted on upset. But most of it’s the consequence of what’s happened, what happened as a consequence of the COVID crisis.”
He went on to say that the overall mindset of Americans is not good.
“People are really, really down,” Biden said.
When asked about whether his coronavirus relief package worsened inflation, Biden unequivocally denied the claim.
“You could argue whether it had on the margin a minor impact on inflation,” he continued. “I don’t think it did. And most economists do not. But the idea that it caused inflation is bizarre.”
Americans faced more economic bad news on Thursday when the stock market continued its collapse, but Biden claimed that it was unlikely to mean a recession was coming.
“First of all, it’s not inevitable,” he said about a recession. “Secondly, we’re in a stronger position than any nation in the world to overcome this inflation.”
He was also defensive about his role in causing the rise in inflation.
“If it’s my fault, why is it the case in every other major industrial country in the world that inflation is higher? You ask yourself that? I’m not being a wise guy,” he asked.
A poll in March showed there are more Americans who blame Biden and his policies for the rise in inflation than there are who blame the invasion of Ukraine, the pandemic, or greedy corporations. The Biden administration has tried to deflect blame from their policies to all three, but Biden’s favorability continues to sink lower and lower ahead of pivotal midterm elections.
Here’s more about the flailing economy:
Biden-Flation is BANKRUPTING America | @LevinTV