Rep. Jim Jordan (R-OH) couldn’t resist taking a cheap (and non-factual) shot at the Biden administration, but after White House Press Secretary Jen Psaki finished rebuking him on Twitter, he probably wished he’d kept his snarky comments to himself.
Jordan posted this from his Twitter account Monday:
Average gas price:
June 2020: $2.21
June 2021: $3.07
President Biden’s economy!
— Rep. Jim Jordan (@Jim_Jordan) June 21, 2021
What Congressman Jordan conveniently forgot to mention is why gas prices have spiked, Newsweek notes:
“In April 2020, as domestic and international travel plummeted in the early stages of the coronavirus pandemic, the U.S. Energy Information Administration reported that gas prices dropped to a four-year low at roughly $1.87 a gallon on average. Fuel prices began to recover last May as people resumed travel in the summer months.”
In other words, it’s that most basic principle most of us learned in high school economics class: Supply and demand. When demand is low, supply is high, which drives down prices. When demand increases, prices rise in response.
Psaki’s response tweet to Jordan was nothing short of masterful:
You forgot to mention that gas prices are the same now as they were in June 2018. Or that this time last year unemployment was 11.1% — today it’s 5.8%.@POTUS agrees families shouldn’t pay more at the pump – that’s why he’s opposed to GOP proposals to raise the gas tax. https://t.co/tc5cDXrbJR
— Jen Psaki (@PressSec) June 21, 2021
Psaki got a standing ovation on social media for putting Jordan in his place. Jordan, on the other hand, only got more humiliation. Take a look:
It’s almost like in 2020 demand was down due to everyone being at home because of the Trump virus. And also Presidents don’t control gas prices. You’d think being in office for 14 years, you’d learn something.
— Irishrygirl (@irishrygirl) June 21, 2021
Gas got down to $2.14 under Obama. Did you vote for him?
— Elie Mystal (@ElieNYC) June 21, 2021
Dear Gym, nobody cared about the price of gas in 2020 because we couldn’t go anywhere because 500,000 Americans were dying of COVID because you and your GOP colleagues were lying about it. Shame on you. P.S. stop allowing boys to be molested in the locker room.
— John Oberlin (@OMGno2trump) June 21, 2021
Supply and demand, Jimmy. Last year at this time, we were peaking with Covid and a full tank of gas could last a month, not a week.
Now, people are commuting and traveling again…and consuming more gasoline.
Follow me for pro tips on things everyone should know.
— Leslieoo7 ☠️ 🇺🇲 (@Leslieoo7) June 21, 2021
That Trump University economics degree is really paying off for you, Gym!
— Tony (@tony15202) June 21, 2021
Oil prices are determined by many things including supply and demand.
It makes perfect sense that gas is more expensive coming out of a low demand time going into a high demand time. Simple economics you don’t want your constituents to know. 😉
— Lefty McAtheist (@truthissavage) June 21, 2021
Gee, I wonder what could have been happening exactly one year ago that depressed prices? pic.twitter.com/fd9GPwz5Ug
— Kel Varnsen (@_Kel_Varnsen_) June 21, 2021
Free advice for Jim Jordan: Stay off Twitter.
Featured Image Via Twitter