Biden Walks Away when Asked about Soaring Prices for Americans - WATCH
Biden doesn't answer question to inflation
Democrat Joe Biden ignored a reporter's question on surging prices in the United States before walking away.
Biden was speaking at a press conference when he was asked:
“Should Americans be worried about inflation, sir?”
Biden then just turned around and walked away.
Joe Biden ignores reporter’s question about whether Americans should be worried about rising prices pic.twitter.com/6lSM5d3Z6f— RNC Research (@RNCResearch) May 12, 2021
Since March, there has been a huge increase in gas prices after a decrease in oil production was announced by the Organization of the Petroleum Exporting Countries and their allies.
Saudi Arabia announced it would decrease its oil production by one million barrels to about 8.1 million barrels a day, the NYT reported
The country was initially producing 11 million barrels of oil a day for the U.S.
On Wednesday, the Department of Labor published the latest data to reveal the economy is struggling far more than anticipated.
Neon Nettle reported:
Reports on America's economic environment show Biden's economy is overheating, causing inflation to soar to devastating levels.
“Inflation accelerated at its fastest pace in more than 12 years for April as the U.S. economic recovery kicked into gear and energy prices jumped higher,” CNBC reports.
“The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose 4.2% from a year ago, compared to the Dow Jones estimate for a 3.6% increase."
"The monthly gain was 0.8%, against the expected 0.2%,” the report notes.
The news comes less than a week after the Biden administration experienced a significant setback when April’s jobs report showed that only 266,000 jobs were added to the economy, 700,000 less than had been projected.
The black unemployment rate grew, 18,000 manufacturing jobs were lost, no construction jobs were added, unemployment for Americans without any college education increased, and women had a net loss in jobs.