Biden and the Left know that they have to win in November. And they need all of the support that they can get if they hope to beat Trump.
But now, Biden has suffered a devastating betrayal that could change his election chances.
CNN host Erin Burnett recently conducted an interview with President Joe Biden, probing him on his administration’s handling of the economy.
The interview, striking in its directness, comes at a critical time, just months before the 2024 presidential election, where Biden’s economic track record has become a central issue.
Burnett opened the interview by laying out the stark realities facing American voters, noting that the economy remains their top concern.
She cited significant economic indicators that paint a grim picture of Biden’s tenure:
“The cost of buying a home in the United States is double what it was, when you look at your monthly costs, from before the pandemic. Real income, when you account for inflation, is actually down since you took office, economic growth last week far short of expectations,” Burnett said.
Additionally, she pointed out that consumer confidence is hovering near a two-year low, questioning Biden on whether he is concerned about his diminishing time to enact meaningful change before voters head to the polls.
CNN's Erin Burnett: It's also true right now, Mr. President, that voters by a wide margin, trust Trump more on the economy. They say that in polls and part of the reason for that may be the numbers and – and you're aware of many of these, of course, the cost of buying a home in… pic.twitter.com/nQr2ds4lKb
— Curtis Houck (@CurtisHouck) May 8, 2024
President Biden’s response was a false claim of success, asserting that he had already turned the situation around, despite the worsening conditions in the areas Burnett highlighted.
This assertion seemed to disconnect from the economic realities many Americans are currently experiencing, including increased financial strain and a lack of new, sustainable job opportunities post-pandemic.
Significantly, Burnett brought up the Biden administration’s American Rescue Plan, highlighting its role in triggering the highest inflation spike in four decades—a critical point that Biden did not directly address during the interview.
This inflation has profoundly impacted American families and businesses, squeezing budgets and diminishing purchasing power.
During the interview, Burnett also pressed Biden on the disappointing GDP growth, a point which Biden contested.
However, he did not address the concern that many of the jobs counted in his administration’s success stats were not new opportunities but rather positions that people returned to as pandemic restrictions eased.
The conversation turned tense when discussing the sharp rise in grocery prices under Biden’s watch, which has translated into real day-to-day pain for average Americans.
Biden attributed these price hikes to “corporate greed,” a stance he reiterated as the cause of economic distress.
“That’s corporate greed. That’s corporate greed,” Biden repeated. “And we have got to deal with it. And that’s what I’m working on.”
This explanation does not satisfy voters who are experiencing daily financial pressures and looking for immediate and effective relief that extends beyond regulatory measures.
Erin Burnett’s pointed questions during the CNN interview brought to the forefront the critical challenges and discrepancies in the Biden administration’s economic policies.
The discussion highlighted a significant gap between the administration’s assessment of the economic situation and the palpable realities faced by the electorate.
As the 2024 presidential election approaches, the economy is set to be a battleground issue.
Biden’s assertions of success in the face of widespread economic discontent may play a crucial role in shaping voter perceptions and confidence in his leadership.
Stay tuned to Prudent Politics.
