May 20, 2024 10:58 am
Biden reassures public on economy despite low consumer confidence: ‘We’re already seeing progress’

During a recent interview with CNN host Erin Burnett, President Biden defended his economic policies and dismissed polls indicating that voters disapprove of his handling of the economy. Biden argued that while some people may believe the nation is in bad shape, they feel personally unaffected, downplaying the significance of polling data. He also criticized polling methodology and questioned the accuracy of the data.

According to Biden, the economy is in a better place than some believe. He highlighted the creation of more jobs and access to good-paying opportunities as evidence of his administration’s success in improving the economic situation. Despite acknowledging concerns about inflation, Biden remained confident in his record and claimed that the U.S. has the strongest economy globally.

Biden refuted claims about last week’s GDP falling short of expectations and pointed to market responses as a sign of economic strength. While acknowledging people’s worries about inflation, Biden credited his administration with lowering junk fees and blamed corporate greed for contributing to the issue. Overall, Biden appeared resolute in defending his economic policies and pushing back against negative polling data.

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