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At the Ron Paul Institute, former congressman and presidential candidate, Dr. Ron Paul, criticizes Joe Biden for his heartless response that Americans will have to suffer his inflation “as long as it takes,” in order for Biden and fellow globalist leaders to realize their goal of defeating Vladimir Putin’s Russia in the war in Ukraine. Paul writes (abridged):
It’s easy to see why, according to a new Harris poll, 71 percent of Americans said they do not want Joe Biden to run for re-election. As Americans face record gas prices and the highest inflation in 40 years, President Biden admits he could not care less. His Administration is committed to fight a proxy war with Russia through Ukraine and Americans just need to suck it up.
Last week a New York Times reporter asked Biden how long he expects Americans to pay record gasoline prices over his Administration’s Ukraine policy. “As long as it takes,” replied the president without hesitation.
According to a recent New York Times article, increasing global oil and gas prices have enabled Russia to finance its war on Ukraine. US sanctions did not bring the Russian economy to its knees, as Biden promised. They actually brought the American economy to its knees while Russian profits soared.
As Newsweek noted last week, Russian television pundits are joking that with the financial windfall Russia has seen since sanctions were imposed, “Biden is of course our agent.”
Washington’s bi-partisan foreign policy of wasting trillions on endless wars overseas has finally come home. Biden is clearly out of touch, but there is plenty of blame to go around. The only question is whether we will see an extended recession…or worse.
By Ron Paul, MD, Ron Paul Institute.
Dr. Ron Paul is a former member of Congress and Distinguished Counselor to the Mises Institute.
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