Republican Florida Gov. Ron DeSantis has gained national prominence for his unabashed conservative policies and a willingness to go toe-to-toe with any liberal who disagrees with him. Most recently, the governor set his sights on President Joe Biden, blaming him for a host of economic ills currently plaguing Americans of all stripes.
During a campaign event in Wisconsin, DeSantis asserted that the U.S. is “staring down the barrel of a lot of really significant turbulence thanks to Joe Biden,” focusing specifically on dueling increases in inflation and interest rates.
“They’re slowing down the economy,” he said. “You know, you apply for a mortgage a year ago, what was it, like 2.6%, 2.5? Now it’s like over 6%. That’s a massive increase. Very difficult for working people to be able to afford such a stiff increase.”
DeSantis accused the president of spending “trillions and trillions of dollars” in a “massive spending and borrowing and parenting spree” that has concerned even fellow liberals.
“He was warned by people that worked for Obama and worked for Bill Clinton that if you do this, you are going to spark a major inflation,” the governor said. “And not only was he hell-bent on doing that, he also attacked American energy production. So you’re inflating the currency and you’re cutting down on production. Of course, you’re going to get inflation.”
At this point, DeSantis said the only solution lies in electing Republicans who will work to undo the policies implemented since Biden’s inauguration.
“My rule of thumb on budget and economy is just really study what Biden is doing and then do the opposite,” he said.
Although economists were optimistic that the inflation rate would have begun to decrease with last month’s consumer price index report, data instead showed another slight increase. Nevertheless, Biden attempted to paint the troubling economic news as a positive sign during a recent “60 Minutes” interview.
“People are shocked by their grocery bills. What can you do better and faster?”
BIDEN: “Inflation rate month-to-month was up just an inch, hardly at all.”
— Benny Johnson (@bennyjohnson) September 19, 2022
“We’re in a position where for the last several months it hasn’t spiked,” he said of inflation. “It has just barely, it’s been basically even, and in the meantime, we’ve created all these jobs, and prices have gone up, but they’ve been down for energy.”
Nevertheless, he refused to go so far as to promise the American people that soaring consumer prices will come back down anytime soon. Meanwhile, recent polling shows that more than half of all voters see inflation as a major issue ahead of upcoming midterm elections that could hand the reins of congressional power back to the GOP.