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Home World Europe

USA faces deficit because of Biden’s policies

March 31, 2022
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USA faces deficit because of Biden's policies

USA faces deficit because of Biden's policies

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Agencies-Gaza post 

 

Journalist, Michael Knowles, a U.S. employee said, “The United States faced an unprecedented food shortage as a result of President Joe Biden’s policies”.

According to the journalist, Biden has been in office for 14 months during this time, inflation reached its highest level in 40 years, and gasoline prices set a new high.

“Everything we thought would never happen has become a reality over the last two years, Blanket closures were imposed overnight, churches were closed, masks were imposed by federal government decision, crippling the economy, and we are now suffering from food shortages,” he said.

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Biden, according to Knowles, “ignores” the issue and regards it as normal.

Previously, Biden stated that the events in Ukraine, as well as sanctions imposed on Russia, could lead to a global deficit.

Simultaneously, Biden directed Russia and Ukraine as Europe’s “breadbasket”.

Thompson Berry, the United Nations World Food Programme’s official representative, warned that events in Ukraine could lead to higher food prices and global hunger.

Inflation is accelerating globally as a result of an imbalance in the supply chain of manufactured materials that emerged following the pandemic, increased demand for certain goods, and a significant increase in gas and oil prices.

Annual inflation in the United States, for example, accelerated to 7.9 percent in February, the highest level since 1982, and inflationary pressures are also present in the eurozone.

Tags: Biden's policiesinflationMichael KnowlesnewsRussiaUnited NationsUnited StatesUSAWorld Food Programme
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