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President Joe Biden told Americans Thursday they should get used to paying higher prices at gas pumps for as long as it takes him to defeat Russian President Vladimir Putin in Ukraine.
“Russia cannot, in fact, defeat Ukraine and move beyond Ukraine. This is a critical, critical position for the world,” he said… although most Americans couldn’t find Ukraine on a map, and other than the U.S. and NATO, for most of “the world,” it is not a “critical” position.
Biden keeps telling Americans that the reason for the high gas and other high prices hardships they face is all because of Russian President Vladimir Putin’s invasion of Ukraine. Biden has long blamed the Russian president for causing the economic hardships in the country and said “Putin’s price hike” is taking its toll on Americans. Biden used a recent speech in Los Angeles to call energy price increases “Putin’s tax.”
Never is there a mention of the draconian sanctions imposed on Russia by the United States and its NATO allies, who keep ramping up the war with billions of dollars of weaponry rather than negotiate a peace treaty so lock-downed ports and essential commodities could again hit the market.
Instead Biden said last week that Americans are willing to sacrifice after the Russian invasion and “chose to stand with the people of Ukraine.”
As of 1 July, the average national gas price was $4.84 per gallon. In California, the average price was $6.27. The average price of gas last year was $3.12 across the country.
The Trends Journal has reported that Americans have changed their spending habits in order to save some money at the pump. (See “SPOTLIGHT: INFLATION STILL INFLATING” and “BS BIDEN BLAMES PUTIN FOR ECONOMIC PAIN.”)
And while travel spending is up across the U.S., after being locked down and locked up on-and-off for nearly two years to fight the COVID War, it is pent-up demand that has the people wanting to get out and travel.
According to Mastercard SpendingPulse, gasoline prices are up 60 percent from last year, but the total spending at gas station convenience stores was up by 29 percent, which is evidence that customers are “are compensating for gas prices by saving on little, whimsical indulgences,” they told The New York Times.
The latest Federal Reserve beige book found that more than half of the 12 districts cited customer pushback on price increases, including a luxury-car dealership in northern Mississippi that said customers are opting for fuel-efficient cars due to the price of gas.
The president is beginning to face some pushback over soaring prices.
Biden took to Twitter on Saturday to urge gas stations to bring down their prices.
“My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril. Bring down the price you are charging at the pump to reflect the cost you’re paying for the product,” Biden posted. “And do it now.”
Jeff Bezos, the billionaire founder of Amazon, responded: “Ouch. Inflation is far too important a problem for the White House to keep making statements like this. It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics.”
TRENDPOST: One of the basic tenets of Gerald Celente’s Occupy Peace movement is that when America goes to war, let the people vote on it, since they pay for the war with their money and their lives.
In countries that claim to be “democracies,” the government leaders are in full charge, and the plantation workers of Slavelandia are never given the opportunity to vote on their countries spending billions of dollars to fight the Ukraine War. Not once, and yet the Biden administration is acting like this is a passionate crusade.
Brian Deese, the National Economic Council director, was asked by CNN: “What do you say to those families who say, ‘Listen, we can’t afford to pay $4.85 a gallon for months, if not years. This is just not sustainable’?”
He said, “This is about the future of the liberal world order and we have to stand firm.”
The U.S. inflation rate in the U.S. hit 8.6 percent in May, which is a 40-year high. Over the 12-month period ending in May, average hourly earnings just increased by 5.2 percent.
The majority of Americans blame Biden. A new Associated Press-NORC Center for Public Affairs Research poll found that 60 percent disapprove of Biden’s leadership in general.
It gets worse when it comes to the economy, where 70 percent disapprove, including an eye-popping 43 percent of Democrats. The poll found that about 80 percent of Americans call the country’s economic conditions poor.
The Trends Journal has long stated that millions of lives, livelihoods and businesses were devastated by the COVID War lockdown and mandates and those that survived have still not recovered. Indeed, The Wall Street Journal noted a report that found consumers spent less at sit-down restaurants in the week ended 15 June compared with 2021.