Biden wants to send ‘gas discount cards’ to struggling Americans – Shortage of chips makes that nearly impossible


The White House reportedly considered sending “rebate cards” to struggling Americans due to the high cost of gas, but chip shortages under the Biden administration made that nearly impossible.

If you wanted to define the Biden presidency in one word, you would be hard-pressed not to watch this story.

The Washington Post reported on Friday that the White House is resurrecting the idea of ​​issuing gas discount cards, an idea they previously rejected because they are “desperate to show that the administration is trying to meet the voter frustration over rising costs at the pump.”

“The president has made it clear that he is ready to explore all options and hear all ideas that would help lower gas prices for the American people,” an official told UKTN Business.

All options except drill more, which White House press secretary Karine Jean-Pierre said the United States did not need to do.

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Gas rebate card plan hits a snag with chip shortages

The Washington Post report cites multiple sources saying chip shortages would essentially doom the gas discount card plan for struggling Americans.

Business journalist Jeff Stein, who contributed to the report, tweeted that the idea ran into trouble due to chip shortages “which meant [the United States] couldn’t physically produce enough cards to make the plan work even if lawmakers tried to do so.

Yahoo News reported on the chip shortage in January, saying it wasn’t just hurting financially, but was “a national security issue.”

Commerce Secretary Gina Raimondo has drawn a “direct correlation” between inflation and the continued shortage of semiconductors.

In December, Raimondo pleaded with the Democratic-controlled Congress to pass the CHIPS for America Act, a $52 billion bill that would encourage domestic semiconductor production and research.

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Who is to blame for inflation and supply chain shortages?

A recent UKTN News/Ipsos poll indicates that most Americans blame President Biden for soaring inflation and skyrocketing gas prices.

Biden only got 37% approval on his handling of inflation and a paltry 27% on his handling of gas prices.

Last November, a poll indicated that President Biden and Congress were equally responsible for America’s current supply chain crisis.

62% of registered voters at the time said Biden bears some responsibility for supply chain and delivery issues.

The president has always insisted that his policies are not responsible for the record highs of year-over-year inflation, saying there is ‘no evidence’ that runaway spending is the culprit .

Biden vowed to ‘take responsibility’

He also ignored the blame for inflation by insisting – wrongly – that “every other major industrial country in the world” has higher inflation than the United States.

Gas prices? Of course, this is due to “Putin’s price hike”.

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Now that he’s dealing with a chip shortage that’s preventing the administration from sending out “gas discount cards” to struggling Americans, it’ll be interesting to see where he points the blame this time.

Biden promised voters that if elected president, he would “always take responsibility instead of blaming others.”

The shortage of chips is correlated with inflation. Expenses accelerate it. Limiting the oil and fuel industry’s delivery to the American people is driving gasoline prices to the moon. And they can’t ease the pain at the pump because of the shortage of shavings.

Just a vicious circle of incompetence.

Doesn’t the responsibility belong to the president?

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