President Biden has come under fire for his handling of the economy, with polls indicating that voters disapprove of his performance. During an interview with CNN host Erin Burnett, Biden defended his record and dismissed concerns about low consumer confidence, rising housing costs, declining real income, and weak economic growth since he took office.
Biden criticized polling methodology and questioned the accuracy of the data, arguing that 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.
The president 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.