By The FirstRight, because all of those problems are brand new, with inflation hitting right around the time Putin started running military drills in Belarus. Or maybe —just maybe— every one of these problems falls to Joe Biden and his incompetent administration.
Here’s the CBS News tweet, in all its glory:
“The U.S. economy has been hit with increased gas prices, inflation, and supply-chain issues due to the Ukraine crisis.”
On gasoline prices…
“Although many Americans may prefer that the U.S. stay out of the conflict between Russia and Ukraine, the brewing violence and political fallout are already hurting their wallets. Gasoline prices, which have hit eight-year highs — could surge even further if the hostilities escalate or if U.S. lawmakers pass another round of sanctions,” CBS News writes.
On the supply chain crisis…
“Sanctions or export controls against Russia could make current semiconductor shortages even worse, while restrictions on wheat or metals could drive the fiercest bout of inflation in decades to climb even higher.”
On inflation…
“Rising prices for commodities would leave U.S. consumers paying more for fuel and other necessities, leaving less money for discretionary spending.”
All these problems might be exacerbated by a war in Eastern Europe, but certainly each existed on its own prior to Putin deciding he wanted to stir up some trouble.
Twitter hit back pretty hard:
