The White House occupant took to the literal stage today to gaslight the American people and state it is not his energy policy that has created massive increases in gas prices. Instead, chief of staff Ron Klain has convinced the puppet to claim Vladimir Putin is to blame for the increase in oil costs.
The manipulative effort to distract the nation from his energy and economic policy outcomes is brazen. However, like most things recently, the blame-casting is likely to be believed by approximately 25% of Americans.
In an attempt to slow down the rising price of gasoline, the puppet on the stage-set near the white house, announced a plan to release 1 million barrels of oil from the strategic petroleum reserve every day for the next six months. {Details}
As admitted, the goal is to “bridge the gap.” Unfortunately, most will not recognize exactly what the destination is on the other side of the bridge.
Inflation is a measure of price at a moment in time relative to the same time one year ago. Ron Klain is trying to keep the tar and feathers away until the White House policy team can cycle through the inflation comparison to the fall of 2022. That’s when the comparison flips to comparing prices to the fall of 2021.
Prices skyrocketed in the last half of 2021. If Ron Klain can keep the electoral torches from reaching the White House until the fall of 2022, the rate of inflation will look better because they will be comparing this year’s high prices to last year’s high prices. The rate of change will lessen; the rate of inflation will look better. Unfortunately, the high prices will remain – forever.
WATCH (prompted):