(Video: C-SPAN)
The release of the latest economic numbers is yet another testament to President Joe Biden’s policy failures with inflation up a whopping 8.6 percent in May, the highest level in 41 years and true to form, the nation’s hapless leader refused to take responsibility for the cataclysm that he has unleashed on the nation, blaming it on Vladimir Putin, a convenient scapegoat for all that ails America.
Biden’s putrid performance and his suggestion that he is powerless to “do something” about crushing prices mark a new low for U.S. leadership now that “the adults are back in charge” and his shameless gaslighting is a message to all Americans that no help is on the way from the White House.
In California for the Summit of the Americas, Biden delivered his speech from the Port of Los Angeles where he responded to the just-released consumer price index with an excuse that was the equivalent of ‘the dog ate my homework’ but sadly, it’s all that he has.
According to Biden, “Today’s inflation report confirmed what Americans already know, Putin’s price hike is hitting America hard.”
“Gas prices at the pump, energy and food prices account for half of the monthly price increases since May. Inflation outside of energy and food, what the economists call core inflation moderated the last two months, not enough, but it moderated, it has come down, and we need it to come down much more quickly,” he said. “My administration is going to continue everything we can to lower the prices for the American people, and the Congress has to act, and they have been of late.”
But far fewer people are buying Biden’s malarkey, including Fox News contributor and former White House deputy chief of staff Karl Rove who stuck a fork into the big lie of the “Putin price hike” on Friday’s edition of “America’s Newsroom” where he broke it all down in detail.
(Video: Fox News)
“Let’s put this back in context a little bit,” Rove said. “In January of 21, when Joe Biden comes into office, the inflation rate was 1.4 percent, that’s below the target set by the Federal Reserve. By April, after the passage of the American Rescue Plan, $1.9 trillion of additional spending that even Democratic economists warned might kick off inflation, the inflation rate was 4.16. Think about that, it nearly tripled in the course of four months.”
He continued, “By July, it was 5.3 percent, by October 5.2, it sort of moderated a little bit, but still stuck up there higher than it was at the beginning of the year, and then by January, it had grown to 7.48 percent, April 8.25 percent, and then 8.582 percent, 40 year, 41-year high!”
“Now, why did I mark April?” Rove asked. “I marked April because that’s when President Biden said it was transitory when he dismissed the fears about this, and since then, it’s nearly doubled and so the president’s, we just heard the chairman of his Council of Economic Advisers say this all happened because of Putin.”
“Well Putin is…before Putin, we were at 7.48 percent, Putin invades Ukraine on February 24th,” he pointed out.
“Are these people thinking we’re dumb or do they really believe this stuff because the facts spell something entirely different,” Rove said, debunking the Putin price hike scan. “And it’s worse for food in the United States, even more than energy, and our food prices were not being affected this past month or the months before by Ukraine, they’re being affected by the general condition of inflation in the United States.”
The miserable report from the Bureau of Labor Statistics was an “I told you so” moment for former President Donald J. Trump.
“Just out, really bad CPI – 8.6%. Worst number since December, 1981,” Trump posted on Truth Social.
“Employment numbers 6,000,000 lower than it should be! I told you so,” he added. “Should never have happened!”

(Image: Screengrab/Twitter)
Twitter users also reacted strongly to Biden’s finger-pointing and refusal to acknowledge that the buck stops with him.
https://twitter.com/BinghamBrad/status/1535384459960262657?s=20&t=DiZO_y5WcZgdMBjlaec-Gg
Our country is in trouble if one guy, in another country, a#can have this much impact on the health of our economy.
Weak president, and so many lies.#BidenIsAFailure https://t.co/0CjeH9FxEO
— American Mully (@American_Mully) June 10, 2022
What happened to this Joe Biden? https://t.co/CYkUrn00T6
— Stephen L. Miller (@redsteeze) June 10, 2022
Old president man keeps saying "putin's price hike" as if anyone actually believes it
— Cobie (@cobie) June 10, 2022
https://twitter.com/Levi_godman/status/1535352336712867842?s=20&t=ezGweyQcMmXdF8bqwg_t7A
Take a shot every time Biden says "Putin's price hike".
— Caleb Franzen (@CalebFranzen) June 10, 2022
How is it "Putin's price hike" when it was Biden banning Russian oil and gas, Russian natural resources, etc and not Putin refusing to sell to the market?
— Franco Guglietti (@FrankGugs) June 10, 2022
Biden has gone to the well once too often on “Putin’s price hike” and too many people understand that the real culprit for America’s woes is in the White House, not the Kremlin.
Democrats have come a long way since President Harry Truman famously displayed a sign on his desk bearing the words “the buck stops here.”
Get the latest BPR news delivered free to your inbox daily. SIGN UP HERE
DONATE TO BIZPAC REVIEW
Please help us! If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to BPR to help us fight them. Now is the time. Truth has never been more critical!
- Mamdani appointee resigns after her anti-Semitic social media posts resurface - December 19, 2025
- Grinch Christmas card pulled from supermarket chain after transgender activist complains - December 19, 2025
- Trump trolls Biden, Obama in savage new plaques added to White House Presidential Walk of Fame - December 18, 2025
Comment
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. Thank you for partnering with us to maintain fruitful conversation.
BPR INSIDER COMMENTS
Scroll down for non-member comments or join our insider conversations by becoming a member. We'd love to have you!
16 thoughts on “Biden blames worst inflation in four decades on Putin: ‘Are these people thinking we’re dumb?’”
Comments are closed.

My pay at least $300/day.My co-worker says me!I’m really amazed because you really help people to have ideas how to earn money. Thank you for your ideas and I hope that you’ll achieve more and receive more blessings. I admire your Website I hope you will notice me & I hope I can also win your paypal giveaway..
open the underneath site……. http://www.netcash1.com
Is this moron for real? Biden everyone knows your dumb.
Finally! There is a great way how you can work online from your home using your computer and earn in the same time… Only basic internet knowledge needed and fast internet connection… Earn as much as $3000 a week… http://www.workstar24.com
What happened to the buck stops here? The only bucks that stop at Joe are the ones that stop in his pocket. Corrupt and incompetent. Way to go Democrat voters.
Never has any politician told us that Russia controls our movement and ability to eat food. never. What a joke. We’re controlled by Russia????
Many Americans ARE stupid, at least 81 million of them!
JOE GOTTA GO!
Which raises the question: Can 20 Million dead people be called stupid?
Inflation is not transitory, but fortunately the democrats are. Their lying, cheating, manipulative, immoral behavior and anti-Christian activities are going to come back and bite them in November. They assumed we were all as dumb as indoctrinated millennials. These pieces of scum actually thought we would buy their Hollywood production of Get Trump.
Yes, they do think we’re dumb, at least some of us are, the ones who voted for this circus. Then there’s Bahar, and woopie, and AOC and Shiff.
Actually dimwit BiDum the only dumb person in the room is YOU
Fkjbiden is the demented dumbass who has fkd everything he’s touched the past 40 yrs and continues to do so .
I’m actually surprised no deranged angry person has not spoken out .
We shall speak loud and clear in Novemberer
Absolutely! We may even be able to out vote Dominion voting machines and even more voter fraud.
A poll (MSNBC, no less) found that only 6% of Americans believe the Putin’s inflation thing. Yet he repeats it incessantly. He won by hiding in his basement. He can’t do that now and the real world is showing what in incompetent, mean-spirited person he is.
I agree, but when you’re talking about Biden…..you have to work the word stupid into the sentence.
Dumb? He left the realm of dumbness a long long time ago.