[Congressional Record Volume 168, Number 97 (Tuesday, June 7, 2022)]
[House]
[Page H5240]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INFLATION IS NOT JOE BIDEN'S FAULT
(Mr. COHEN asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. COHEN. Mr. Speaker, during the break, I had the opportunity to
participate in the Transatlantic Dialogue. We had members of
parliaments from maybe six or seven different nations: Ireland,
Germany, Serbia, and Croatia--all over Europe.
I asked what the rate of inflation was, and in every country, it was
8, 9, and 10 percent. And I asked them if their parliaments didn't
blame Biden for it? They laughed. Of course, they laughed.
Inflation is a worldwide problem. We are doing what we can. It is
caused by the awful coronavirus and the effects it has had on
production in China. And it has hurt our opportunities to continue our
manufacturing as we saw it before.
Gasoline prices have increased the same amount in Europe as they have
here.
And is it Joe Biden's fault?
No. It is OPEC, and it is Russia. Prices have gone up about 30
percent since they invaded Ukraine.
All Americans should want and should work together to reduce
inflation and oil prices. But it is not Joe Biden's fault. It is a
worldwide problem.
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