[Breitbart] On Wednesday’s broadcast of CNN’s "The Lead," White House Council of Economic Advisers Chair Cecilia Rouse responded to a clip of President Joe Biden predicting that inflation had peaked on December 10, 2021, when Russian troops were already on Ukraine’s border by stating that "The inflation we’re seeing is due to the pandemic and is due to the war."Host Jake Tapper stated, "CNN’s Kaitlan Collins asked President Biden about inflation on December 10 — it’s July now — on December 10, and President Biden told her then that he thought December 10 was the peak of the crisis."
In the clip, Biden stated, "I think you’ll see it change sooner than, quicker than, more rapidly than it will take — than most people think. Every other aspect of the economy is racing ahead. It’s doing incredibly well."
Tapper then said, "Now, obviously, the war in Ukraine has happened since then, which is partially to blame for higher gas prices, although Putin’s forces were on the border right then. But it just seems clear that the Biden administration has misjudged how bad inflation was going to get, for months and months and months."