It's all Vlad's fault! Biden blames PUTIN for 7.9% inflation – the highest in 40 years

It's all Vlad's fault! Biden blames PUTIN for 7.9% inflation – the highest in 40 years – even though Russia only invaded Ukraine four days before the end of the month being measured

President Joe Biden raised eyebrows after blaming soaring US inflation on Vladimir Putin after the consumer price index hit another 40-year high of 7.9 percent in February.

Although the inflation data released on Thursday does not capture the full impact of Russia's invasion of Ukraine, which occurred just days before the end of February, Biden in a statement chose to blame 'Putin's price hike.'

'A large contributor to inflation this month was an increase in gas and energy prices as markets reacted to Putin's aggressive actions,' said Biden.

'As I have said from the start, there will be costs at home as we impose crippling sanctions in response to Putin's unprovoked war, but Americans can know this: the costs we are imposing on Putin and his cronies are far more devastating than the costs we are facing,' he added.

Republican critics scoffed at Biden's explanation for soaring consumer prices, with Republican National Committee Chairwoman Ronna McDaniel saying: 'Biden's attempt to deflect blame is an insult to every American and small business owner struggling to afford the cost of everyday goods.'

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https://www.dailymail.co.uk/news/article-10598083/Americans-face-HIGHER-prices-consumer-inflation-increasing-7-9-percent-February.html