Conservatives on Twitter were not buying President Joe Biden’s recent speech assessing the pandemic and Russian President Vladimir Putin’s invasion of Ukraine as the two main issues behind the United States’ economic woes.

Around noon on Tuesday, Biden addressed the American public on the state of the economy. In addition to saying that his administration has made “extraordinary progress” with the economy, Biden blamed all economic hardship on COVID-19 and Russia.

“I want us to be crystal clear about the problem,” Biden stated. “There are two leading causes of inflation we’re seeing today. The first cause of inflation is a once-in-a-century pandemic. Not only did it shut down our global economy, it threw the supply chains and the demand completely out of whack.”

He then explained the other cause. “And this year we have a second cause, Mr. Putin’s war in Ukraine.” He added, “We saw in March that 60% of inflation that month was due to price increases at the pump for gasoline.”

In response to reporters’ question about taking any “responsibility” for inflation, Biden stated, “I think our policies help, not hurt.”

Exasperated with the Biden narrative that blamed external forces for inflation, conservatives took to Twitter to mock the president’s words.