Senate Democratic candidates in key swing states are trying to blame record-setting inflation on the Russia-Ukraine crisis and corporate greed, not government spending, despite criticism that the party's $1.9 trillion American Rescue Plan has contributed to the crisis.
Former North Carolina Supreme Court Justice Cheri Beasley, the state’s likely Democratic Senate nominee, on Friday slammed big corporations for making "record profits" while North Carolinians suffer from rising inflation.
Rep. Val Demings, a Democrat looking to unseat Sen. Marco Rubio, slammed "big corporations" for "squeezing" independent stores and food producers out of the marketplace. "At the end of the day, what we’re hearing from economists is this package, along with addressing some of the other needs in the president’s plans will actually help us lower inflation and grow the economy," Hassan said in August.
Meanwhile, the White House has coined the phrase "Putin’s Price Hike" in an attempt to further shift the blame from the Biden administration, even though inflation was soaring well before Russia invaded Ukraine in February. Biden even appeared to acknowledge in November that his own legislation contributed to the crisis, saying the stimulus checks were partly to blame for consumer demand exceeding the supply of goods.Biden said at the time
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