On Friday’s broadcast of CNBC’s “Squawk Box,” Transportation Secretary Pete Buttigieg responded to a question on whether the Biden administration can claim credit for improvements in inflation numbers after previously blaming other factors like Russia and “Putin’s price hike” by stating that “we responded with the recipe of the things that we were doing” while acknowledging there are “a lot of things that go into this.”
Co-host Joe Kernen asked, “[I]nflation, it’s coming down now, and the administration and President Biden [are] going to take credit for it coming down. My only question is, whenever we talked about it in the past, it was never anyone’s fault that inflation was bad here. It wasn’t the spending during COVID. It was the entire globe, it’s around the globe, we can’t — it’s Putin, it’s the Putin price hike, we can’t do anything about it, it’s inflation, it’s global. But now that it’s coming down, it’s like, look…
