‘White House Is Now Measuring Inflation in Inches’: House Committee Hears About Biden’s ‘Bizarre’ Take on How Prices Work
The blowback from President Joe Biden’s weekend remarks about prices rising “just an inch, hardly at all” continued during the week, with the House Oversight Committee hearing from one of its members during a session on Sept. 22 on corporate profiteering that “the White House is now measuring inflation in inches,” and is downplaying the pain of high prices on American households.
The critical remarks were made by Rep. Michael Cloud (R-Texas), ranking member of the Subcommittee on Economic and Consumer Policy, which is part of the House Committee on Oversight and Reform. The subcommittee was on Thursday discussing the role of corporate profiteering as a contributor to inflation.
“First, inflation was because of Putin. Then it wasn’t,” Cloud said. “Then it was transitory… and then it wasn’t. Then it was at zero percent just a couple days before jamming the Inflation Reduction Act through Congress, which actually doesn’t reduce inflation.”
“After trying to redefine what recession means with all-too-complicit media willing to carry their water, we find out Sunday in a bizarre interview that the White House is now measuring inflation in inches per month and that Biden seems content with the inflation Americans are dealing with,” Cloud continued.
The Republican lawmaker’s comments were in reference to an eyebrow-raising interview that aired on CBS’ “60 Minutes” program on Sept. 18, in which Biden downplayed the inflationary pressures facing American families.
The president said in the interview that inflation over the past few months “hasn’t spiked” and that the monthly rate of inflation was negligible.
“The inflation rate month to month was just … an inch, hardly at all,” Biden said in response to a question by interviewer Scott Pelley, who noted that the most recent Consumer Price Index (CPI) came in at an annual 8.3 percent—which is close to a multi-decade high—and that Americans were “shocked by
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