President Biden appeared to be defensive when asked in an interview on Thursday whether his energy policies were to blame for inflation.
In his first interview with The Associated Press, the president – going against what many economists predict after the Federal Reserve raised interest rates – said a recession was “not inevitable. “.
“We are in a stronger position than any nation in the world to overcome this inflation,” Biden said, pointing to a 3.6% unemployment rate and America’s relatively strong position in the world.
The idea that his administration’s policies were responsible for the worst inflation in 40 years and record high gas prices would have the president bristling.
GOP REP. JOHNSON SAYS BIDEN IS NOT DOING ALMOST ENOUGH ON INFLATION DESPITE SIGNING SHIPPING BILL
“If it’s my fault, why is it the case in all the other major industrial countries of the world that inflation is higher? You wonder that? I’m not a sage.”
Fox News White House correspondent Peter Doocy pressed White House press secretary Karine Jean-Pierre later Thursday to explain Biden’s comments on inflation, noting that the US- United have higher inflation than Germany, France, Japan, Canada, India, Italy and Saudi Arabia.
CLICK HERE TO GET THE FOX BUSINESS APP
The latest inflation figures for these countries show the following: Germany at 7.9%, France at 5.2%, Japan at 2.5%, India at 7.04%, Canada and Italy at 6.8% and Saudi Arabia at 2.2%. Meanwhile, data released last week showed US inflation rose in May to a four-decade high of 8.6%.
The Associated Press contributed to this report.