US President Joe Biden. File photoWASHINGTON, Jun 12 Rising gas prices and inflation have been an expected by-product of aid to Ukraine, US President Joe Biden said at a Democratic National Committee reception. A transcript of his speech was circulated by the White House press service.
"What I want to convey is that this is indeed consistent. And a by-product, I said at one time, when we decided that we would help Ukraine, what I wanted to convey: it will also cost us. It will cost Western countries, it will cost NATO. It will cost European countries and us. Because you know what was going to happen: gasoline prices, oil prices were supposed to go up, the price of food was supposed to go up,” Biden said.
According to the American leader, his administration is trying to reduce the price of gasoline in the country. «But the bottom line is that we will live with this inflation for a while. It will gradually decrease, but we will live with it for a while,» Biden warned. He also expressed the opinion that The US has good prospects for the future. «Many people are worried about inflation, food prices and other issues, but the fact is that we have the fastest growing economy in the world,» Biden said.
Biden said that Americans are forced to pay «Putin's tax» on foodAccording to the transcript, the audience responded with applause, and the US president decided to clarify that he was serious. «No, no, this is not a joke. This is not a joke, «the press service quotes Biden. Gasoline prices in the States have reached the world record, surpassing the national average of five dollars per gallon (3.785 liters) of fuel for the first time in history. backyard