Democrats are desperately trying to spin a political narrative in their favor as 2022 mid-term elections are quickly approaching. Appearing on ABC’s “This Week,” Democratic strategist Donna Brazile claimed Democrats “are running on the economy that’s roaring back” and “fighting inflation.”
This is hardly the case. Under Joe Biden and the Democrats, the economy has suffered and inflation has skyrocketed.
Many Americans are struggling to afford basic necessities, such as gas and groceries.
Brazile claimed that the GOP was “essentially running on fumes” from the “energy” of the so-called “big lie” of 2020.
“All we have to do is wait over the next 37 days as 11 or 12 states hold their primaries. You have big primaries in Ohio and North Carolina, Pennsylvania where the former president has already tipped the scales and supported one candidate over another,” Brazile stated.
“The Republicans are essentially running on fumes. They’re running on the energy of 2020, which is the big lie. Democrats are running on an economy that’s roaring back, that is fighting inflation, that is helping the Ukrainians. Democrats will run on what they delivered.”
“Republicans are going to run on the fumes of 2020,” she claimed.
Former New Jersey Gov. Chris Christie laughed at Brazile’s claim and said the GOP was “running on the gas that Joe Biden is giving us at $5 a gallon.”
“Come on,” Christie replied.
“We’re running on the gas that Joe Biden is giving us at $5 a gallon. That’s what we’re running on.”
“We’re running on $5 gasoline. We’re running on 8.5% inflation. We’re running on a failed withdrawal from Afghanistan. We’re running on a president and a Democratic Party that their own party … said this week created this inflation through the rescue plan in January.”
Under Joe Biden and Democrats, inflation has hit its highest rate since December 1981, which is over four decades ago. Biden is focused on announcing new gun control measures while many Americans are struggling to afford basic necessities, such as gas, groceries, and rent.
According to the Labor Department, the consumer price index (CPI) — a measure of the price of goods and services — rose at its fastest pace in March since Dec. 1981. Inflation rose to 8.5% in March. This is the sixth consecutive month inflation was above 6%.
In March compared to February, inflation rose 1.2%. This is the quickest one-month increase since 2005.The core price index rose to 6.5% in March, which does not include food or energy prices. This was the largest annual increase since Aug. 1982.
Meanwhile, Biden has announced a new firearm regulation aimed at reining in ghost guns, untraceable, unregulated weapons made from kids. Biden also announced Steve Dettelbach as his nominee to lead the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF).
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Heather Long, a columnist focused on the economy for The Washington Post, noted, “There’s hope that March will be the peak, [especially] if gas prices don’t jump again.”
“But services inflation is also picking up,” she added.
Take a look at the monthly inflation chart.
March –> up 1.2% in just a single month
There's hope that March will be the peak, esp. if gas prices don't jump again. But services inflation is also picking up… pic.twitter.com/zdrGjMQ9It
— Heather Long (@byHeatherLong) April 12, 2022
Long noted that increased gas prices accounted for half of inflation in March.
Food and rent costs also contributed to the price increases last month.
Additionally, she shared data on the annual price increases.
Compared to Mar. 2021, gas prices are up 48%, used cars are up 35%, utility gas is up 22%, bacon is up 18%, beef is up 16%, appliances are up 12%, coffee is up 11%, and rent prices are up 4.5%.
White House Press Secretary Jen Psaki said on Monday that officials “expect March CPI headline inflation to be extraordinarily elevated due to Putin’s price hike.”
“We expect a large difference between core and headline inflation reflecting the global disruptions in energy and food markets,” she continued.
Where Americans are seeing big inflation spikes:
Fuel oil 70%
Used cars 35%
Utility gas 22%
New cars 13%
Food at home 10%
Rent (OER) 4.5%
— Heather Long (@byHeatherLong) April 12, 2022
Steven Rattner, an economic adviser for former President Barack Obama, pointed out in a tweet in February that inflation was already elevated before Russia launched its invasion.
Neil Irwin, the chief economic correspondent for Axios, raised concerns that there may be a “broadening of underlying inflation.”
He tweeted, “Most worrying thing in the CPI report: Services excluding energy services up 0.6%, and has accelerated each of the last three months.”
“Even if durable goods and energy prices stabilize, that suggests real broadening of underlying inflation,” he added.
After the Bureau of Labor Statistics released its March Consumer Price Index reporting that prices surged further by 8.5% from the previous year, the highest increase in 40 years, Ways and Means Republican Leader @RepKevinBrady issued this statement: pic.twitter.com/7pKGFmH5nx
— Ways and Means GOP (@WaysandMeansGOP) April 12, 2022