Biden Calls High Inflation ‘Bump in the Road’; Blames Coronavirus, Not Trillions in Government SpendingCharlie Spiering 10 Dec 2021
President Joe Biden addressed the Consumer Price Index report at the White House on Friday after showing the highest rate of inflation since 1982.
“It’s a real bump in the road, it does affect families,” Biden said. “When you walk in the grocery store and you’re paying more for whatever you’re purchasing. it matters. It matters to people.”
Biden spoke to reporters about inflation after delivering remarks concluding his Summit for Democracy at the White House, appearing optimistic that inflation would fall.
“I think you’ll see it change sooner, quicker, and more rapidly than most people think,” Biden said.
Prices in November rose by 6.8 percent from last year, according to the report, the fastest 12-month pace since 1982 and the sixth straight month of inflation above five percent.
The president argued that his multitrillion-dollar government spending agenda was not responsible for record inflation.
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https://www.breitbart.com/politics/2021/12/10/biden-calls-high-inflation-bump-in-the-road-blames-coronavirus-not-trillions-in-government-spending/