Politics

‘It’s the pandemic, stupid!’ Biden advisers blame COVID-19 for inflation woes

By Doina Chiacu, Reuters Posted on
2021-11-14T170520Z_3_LYNXMPEHAD06X_RTROPTP_4_USA-ECONOMY-1200×684-1

President Joe Biden’s economic advisers defended his policies on Sunday amid rising inflation that they said was a global issue related to the COVID-19 pandemic, not a result of the administration’s programs.

U.S. consumer prices last week posted their biggest annual gain in 31 years, driven by surges in the cost of gasoline and other goods. Republicans have pounced on inflation worries, claiming that the increase reflects Biden’s sweeping spending agenda.

See the full article at amNewYork

‘It’s the pandemic, stupid!’ Biden advisers blame COVID-19 for inflation woes

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