LIBERAL LOGIC: Inflation is High Because the ‘Cost of Vehicles Is Up’

President Biden weighed-in this week on the nation’s ongoing struggle to contain inflation; blaming high prices on the “cost of vehicles” and “semiconductors.”

“One of the reasons for inflation being high as it is, one-third of the reason inflation is up is the cost of vehicles. And the reason the cost of the vehicles is up is because they don’t have the component parts meaning significantly the semiconductors,” said the President.

Watch Biden’s comments above.