In a stunning admission, President Biden has blamed the recent rise in inflation on the fact that he finally learned how to swim.
"I know this is going to sound crazy," Biden said in a televised address last night, "but I believe that my finally learning how to swim is a major factor in the current inflationary environment."
Biden went on to explain that, before he learned how to swim, he was always afraid of the water. This fear prevented him from taking vacations to the beach or going swimming with his grandchildren. However, once he finally learned how to swim, he was able to enjoy these activities for the first time.
"And that's when I noticed it," Biden said. "Everything started getting more expensive. Gas prices went up, food prices went up, housing prices went up. It's like a switch was flipped."
Biden said that he believes there is a direct correlation between his newfound love of swimming and the rise in inflation. He suspects that the swimming industry is somehow price-fixing, and that this price-fixing is having a ripple effect on the entire economy.
"I'm still learning about all of this," Biden said. "But I believe that the swimming industry is a major culprit in the current inflationary environment. And I'm going to do everything in my power to get to the bottom of this."
Biden's comments have been met with mixed reactions. Some economists have praised him for his honesty and transparency, while others have dismissed his claims as outlandish.
"I think it's refreshing to see a president who is willing to admit that he doesn't have all the answers," said economist Paul Krugman. "And I think it's important to remember that inflation is a complex problem with many contributing factors."
However, other economists have been more critical. "This is just the latest example of Biden's incompetence," said economist Larry Kudlow. "He's blaming the swimming industry for inflation? It's ridiculous."
Only time will tell whether Biden's claims are accurate. But one thing is for sure: his comments have certainly made a splash.