‘Bidenomics’ misinformation and the return of $5 gas

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‘Bidenomics’ misinformation and the return of $5 gas
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President Joe Biden likes to spread misinformation. One must look no further than his tall tales on gasoline prices.

He has blamed everything — and I mean everything — for the fact that gasoline prices have soared under his presidency, compared to the prices gas used to be when former President Donald Trump was in office. From the pandemic, to Putin, to the war in Ukraine, to MAGA Republicans, to climate change, to whatever latest excuse Biden has concocted, it’s always been the fault of someone or something else.

Now, just as Biden and Democrats have been touting how great the economic policies of “Bidenomics” have been for Americans, some parts of the country have been gifted with the return of $5 gas. It’s yet another example of Biden’s misinformation campaign network. The current average price for gas in California is $5.025. That’s an increase from a week ago in which gas was $4.92. It’s also an increase from when gas was $4.83 a month ago.

And while $5 gas isn't everywhere in the country yet, nationally, the current average price has soared to $3.80. That’s up from a week ago when it was $3.68 and a month ago when it was approximately $3.54. Biden made it a habit to take credit when gas prices were decreasing. Yet, with the recent increase, the president has remained conspicuously quiet.

The gas price hike is in addition to grocery prices still remaining high. The Bureau of Labor Statistics showed that grocery prices are 5.8% higher year-over-year. It still costs more to eat at restaurants than a year ago, with prices being 8.3% higher. Additionally, Americans are paying more for electricity under Biden than Trump. The U.S Energy Information Administration revealed that prices are expected to increase this year by another 2% — on top of 2022’s already high prices.

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