

I’m pretty sure that the average American these days doesn’t really understand fundamental economic principles. Like not even the very bare bones basics. That’s pretty evident in peoples’ fundamental misunderstanding of some of the economic issues we’re facing today, such as inflation. But surely our politicians should understand those fundamentals, right? At the very least, the President of the United States, right?
Wrong, apparently.
Watch President Joe Biden yell angrily at the audacity of American citizens (those who DO understand economic fundamentals) to blame unchecked government deficit spending for the historic inflation.
Biden: “The American people think the reason for inflation is government spending more money. Simply not true” pic.twitter.com/FKUbL8KsNb
— The Post Millennial (@TPostMillennial) March 11, 2022
I’m sorry, but what exactly does he think is the reason for this historic inflation? Let me guess– either Putin or Trump.
Here’s a supercut of some of the highlights from that speech.