Who is responsible for record-high oil prices and record-high inflation? President Biden calls it “Putin’s price hike” and blames oil companies for profiteering, to make his argument more convincing. As for inflation, Biden blames broken supply chains, that is lockdowns in China, while Powell sites the economy that is too strong (from excess fiscal stimulus or money printing by Biden?). Biden’s approval rating of 40% implies that many people think he has done it. At the same time, among Democrats Biden’s approval rating is 70%, a high number, meaning that half of the country does not hold Biden responsible. Or maybe they are they are OK with high gas prices and expensive groceries? But what about European leaders, maybe they did it? Macron’s approval rating was 40% in April, and he lost his parliamentary majority afterwards, which is telling us that the French think that he did it. Chancellor Scholz has domestic approval rate that is not much higher than Macron’s, indicating that the Germans think that Scholz did it. But maybe neoconservatives did it? In a recent article, professor Jeffrey D. Sachs argues the war in Ukraine, which contributed greatly to high gasoline prices and inflation, is a project of neocons (
Whodunit?
Whodunit?
Whodunit?
Who is responsible for record-high oil prices and record-high inflation? President Biden calls it “Putin’s price hike” and blames oil companies for profiteering, to make his argument more convincing. As for inflation, Biden blames broken supply chains, that is lockdowns in China, while Powell sites the economy that is too strong (from excess fiscal stimulus or money printing by Biden?). Biden’s approval rating of 40% implies that many people think he has done it. At the same time, among Democrats Biden’s approval rating is 70%, a high number, meaning that half of the country does not hold Biden responsible. Or maybe they are they are OK with high gas prices and expensive groceries? But what about European leaders, maybe they did it? Macron’s approval rating was 40% in April, and he lost his parliamentary majority afterwards, which is telling us that the French think that he did it. Chancellor Scholz has domestic approval rate that is not much higher than Macron’s, indicating that the Germans think that Scholz did it. But maybe neoconservatives did it? In a recent article, professor Jeffrey D. Sachs argues the war in Ukraine, which contributed greatly to high gasoline prices and inflation, is a project of neocons (