The administration of President Joe Biden has once again directed blame for soaring inflation to Russian President Vladimir Putin, but some experts contest these claims, suggesting that the causes of today’s 40-year record inflation precede and transcend the war in Ukraine.
“With the biggest single driver of inflation being Putin’s war against Ukraine, [President Biden] has taken action to blunt the impact of Putin’s Price Hike for families,” the White House said on Twitter Monday.
The phrase “Putin’s price hike” has been used by the White House since at least March, when the Biden administration used the phrase in an official statement dictating the president’s plans to address gas price inflation. For Biden, the term is a useful one, as it deflects blame for agony at the gas pump away from his administration’s policies and towards an unpopular world leader….