Joy Reid of MSNBC Calls Massive Inflation a “Russia-fueled Crisis,” and She Wants Another Large Stimulus.


Polling indicates that the majority of Americans are unconvinced by the Biden administration’s use of the Vladimir “Putin price hike” talking point to explain the soaring costs of gasoline, groceries, and other goods.

However, Joy Reid of MSNBC, one of the most ardent Democrats supporters in the media, is sticking to her guns and calling for another massive economic stimulus.

Reid fumed Tuesday on Twitter in response to a list of dramatic year-over-year price increases compiled by the Washington Post’s Heather Long. “Sure would be nice if we had enough Senators who might be open to doing a second CARES Act, to help folks get through this Russia-fueled crisis,” Reid wrote.


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The first CARES Act was the $2.2 trillion stimulus package signed into law by former President Trump in 2020. It was by far the largest economic stimulus package ever enacted in the United States. Biden signed a separate $1.9 trillion coronavirus relief bill last year, part of a two-year surge in government spending.

Three months after President Biden declared that inflation had peaked, the consumer price index increased to a new 40-year high, according to a new Labor Department report released Tuesday. The consumer price index increased by 8.5 percent year over year in March, the fastest rate of growth since January 1982, when inflation reached 8.4 percent. Long emphasised that groceries increased 10% and electricity increased 11.1 percent, the highest increases in years.


Reid also took aim at Twitter founder Jack Dorsey on Monday after he blamed the latest inflation report on the “system” rather than a particular “party,” blaming the price spikes on the coronavirus pandemic and Russia’s invasion of Ukraine.

“Yes, yes,” she wrote, “one party openly admits that inflation is going to rise.” “The other demagogues inflate the economy by claiming the president personally caused it, rather than the pandemic and a war in Europe; all to seize power while repeatedly undermining democracy. However, ‘both sides’!”

While Russia’s February invasion of Ukraine resulted in an increase in energy prices, inflation was already a major concern for Americans prior to the invasion. White House Press Secretary Jen Psaki warned Monday that the new report found inflation to be “extraordinarily elevated” “as a result of Putin’s price hike.”

On April 06, 2022 in Washington, DC, White House Press Secretary Jen Psaki speaks with reporters during the daily news conference in the Brady Press Briefing Room at the White House. Psaki fielded questions about the United States Senate’s failure to pass a COVID-19 funding bill.

Biden and his top aides and supporters have made a concerted effort to convince the public of the “Putin price hike” talking point.

During his “Hacks on Tap” podcast last month, David Axelrod, former chief campaign strategist and senior advisor to former President Obama, criticised the White House’s messaging on inflation and rising gas prices.



“They’ve overcorrected, and for a few days, he was claiming that everything was the fault of Putin’s price hikes and inflation,” Axelrod explained. “The public does not believe that either; they are aware that there was inflation prior to this. They are aware that gas prices were previously high. They haven’t quite dialled this in perfectly yet. You cannot blame Putin for everything that goes wrong in the economy.”


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Aaron Blake of the Washington Post also wrote last month that the talking point was losing traction.

“However, reality was never going to be so tidy. Inflation and gasoline prices were already high, and it’s difficult to blame their rise on a war that isn’t a priority for the majority of Americans “Blake wrote, citing a survey that revealed only 24% believed the Russian invasion of Ukraine was the primary reason for the spike in gas prices.

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