Biden Shocked by Price of Gas During Biden Administration: ‘Did You Ever Think You’d Be Paying This Much?’
President Joe Biden delivered remarks Tuesday on the infrastructure bill and the economy, remarking on record inflation, supply chain problems, and even the price of gas, which he finds surprisingly high.
Biden said that the economy is doing very well, which is why the economy is having problems. Things like rising prices for family essentials such as food and gas, for example, the president attributed to global supply chain problems, methods of modern manufacture, covid restraints, and even American families spending money online instead of in restaurants.
“Because of the strength of our economic recovery, American families have been able to buy more products. And – but guess what? They’re not going out to dinner and lunch, and going to local bars because of Covid. So what are they doing? They’re staying home and ordering online or buying product. Well, what more people with money buying product and less product to buy, what happens? The supply chain’s the reason. The answer is you guys, and I’ll get to that in a minute, but what happens? Prices go up,” the president said.
“People have a little more breathing room than they did last year, and that’s a good thing. But it also means you’ve got higher demand for goods at the same time we’re facing disruptions in the supplies to make those goods,” he continued. “This is a recipe for delays and for higher prices. And people are feeling it. They’re feeling it.”
He then brought up an example that, generally speaking, politicians have been loathe to mention out loud unless the other guy’s party is the one in power.
“Did you ever think you’d be paying this much for a gallon of gas?” Biden asked. “In some parts of California they’re paying four dollars and fifty cents a gallon!”
Those gas prices, as well as inflation of prices on things like milk or other groceries, are among top concerns in polling, where President Biden has faced majorities disapproving of his handling of the economy.
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