Biden Gets Desperate: Latest Threat About The GOP Shows He’s Lost Control

We’ve come full circle.

First, inflation didn’t exist, and it was just transitory. Now Biden is using inflation to panic voters in a threat against the GOP.

When Biden took office, inflation was 1.4%, and gas prices were around $2.39. As of the writing of this post, inflation has hit 8.2% and gas is hovering around $3.91.

After denying inflation was a problem for months, the President claims that inflation will worsen if the GOP takes over the House and Senate.

Biden said that the September inflation report shows things are getting better.

“Today’s report shows some progress,” the President said.

On the same day Biden uttered those words, Yahoo Finance reported that core inflation hit a 40-year high.

From Yahoo Finance:

A closely watched measure of US consumer prices rose by more than forecast to a 40-year high in September, pressuring the Federal Reserve to raise interest rates even more aggressively to stamp out persistent inflation.

The core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982, Labor Department data showed Thursday. From a month earlier, the core CPI climbed 0.6% for a second month.

The overall CPI increased 0.4% last month, and was up 8.2% from a year earlier.

If Biden thinks inflation is bad now, just wait until October’s numbers come in because the Saudis are cutting production.