Is the Russia-Ukraine Conflict to Blame for Inflation and High Gas Prices?

2 years ago
44

President Joe Biden has claimed that high gas prices should be blamed on the Russia-Ukraine conflict. But is that really the case? Gas prices have gone up since Russia invaded Ukraine, but they were already going up before that. And so were prices for everything else (AKA inflation). In this episode of America Uncovered, we look at Democrat claims that government spending actually decreases inflation in the long term, the difference between national debt and the federal budget deficit, and Biden's claim he's the only president to decrease the deficit by more than $1 trillion in a single year.

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