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Axios reporter says Biden’s economic achievements are ‘largely irrelevant’ amid high inflation and gas prices


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Axios reporter Hans Nichols told CNN’s “Inside Politics” on Sunday that President Biden’s economic achievements were “largely irrelevant” with inflation at its highest level in 40 years and prices rising by nationwide gasoline.

Nichols, Politico White House Correspondent Laura Barrón-López and CNN White House Correspondent Kaitlin Collins joined host Abby Philips to discuss Biden’s economy. The president touted his achievements during a speech Friday on the latest jobs report, which said the economy added 431,000 jobs in March. Philips also noted an NBC poll that found enthusiasm for Republicans heading into midterms was 67%, compared to 50% for Democrats.

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On Thursday, President Joe Biden and First Lady Jill Biden board Air Force One at Andrews Air Force Base, Maryland. (AP)

“Record job creation. Record unemployment down. Record wage gains,” Biden said. But Philips noted that “there are still signs that the American public doesn’t think things are going in the right direction.”

Collins called it a “balance” for Biden with high inflation and “affordability of energy.”

Nichols said the president was right, but his accomplishments were “also largely irrelevant.”

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“There’s a number that they can’t really change at the moment and that’s what the sign at the local gas station says and that number is high and that’s a daily employment report that the voters, Americans, consumers see it every day – and there’s nothing the White House can do about it except lower gas prices.”

Axios reporter says Biden’s economic achievements are ‘largely irrelevant’ amid high inflation and gas prices

Russian President Vladimir Putin attends a cabinet meeting via video conference at the Novo-Ogaryovo residence outside Moscow, Russia, Wednesday, March 23, 2022.
(Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP)

“And maybe blame Putin,” Philips said, noting the message from the White House on gasoline prices.

“Look when I pass gas stations that say ‘Blame Putin’ rather than they say ‘Let’s go Brandon’, I’ll know the White House has passed it on, but it hasn’t happened yet “, said Nichols. Philips pointed to a Quinnipiac poll that found only 24% of Americans believe the price hikes are due to the war in Ukraine. 41% say they are due to Biden’s policies and 24% also say the oil companies are the problem.

Philips said the White House also blamed the oil companies, but “Americans disagree.”

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Barrón-López said Americans feel wages are not rising at the same rate as prices and that the lack of enthusiasm among Democratic voters could be linked to the fact that Biden has yet to do anything to alleviate student debt or the right to vote.

Axios reporter says Biden’s economic achievements are ‘largely irrelevant’ amid high inflation and gas prices

A view of gasoline prices at a Shell gas station, Friday, March 25, 2022, in New York.
(AP Photo/Brittany Newman)

The Biden administration announced Thursday that it will release one million barrels of oil a day for the next six months from the Strategic Petroleum Reserve.

Gas prices have fallen slightly since the announcement, with the average declining to $4.192, according to AAA.

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