Erin Burnett Presses Biden on Economic Struggles

CNN host Erin Burnett grilled President Joe Biden during an interview this week over his widely criticized performance on economic matters in the U.S. just months before the 2024 presidential election.

Burnett noted in the interview that the economy was “by far the most important issue for voters” and that voters overwhelmingly favor former President Donald Trump over Biden.

“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. “Consumer confidence, maybe no surprise, is near a two-year low. With less than six months to go to Election Day, are you worried that you’re running out of time to turn that around?”

Biden responded by claiming that he had already turned everything around, even though the areas that Burnett mentioned have all gotten worse under Biden.

Burnett didn’t even mention that Biden’s American Rescue Plan triggered a massive spike in inflation — the highest level in four decades — that has hurt many families and businesses.

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

Burnett noted that the GDP also fell “far short of expectations,” which Biden denied.

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“No president’s had the run we have had, in terms of creating jobs and bringing down inflation,” Biden claimed — though he didn’t note that many of the jobs were ones that Americans returned to near the end of the pandemic rather than new jobs that previously did not exist.

Biden blamed his failures on “corporate greed,” saying that “it’s got to be dealt with.”

CNN’s Erin Burnett: Although GDP last week was far short of expectations.”

Biden: “No, it wasn’t. Look, GDP is still going – look at the response markets. Overwhelmingly positive. Overwhelmingly positive and one of the reasons why people feel good about it, not being as strong… pic.twitter.com/3kUUSPeZL6

— Curtis Houck (@CurtisHouck) May 8, 2024

Burnett noted that price of groceries had exploded under Biden’s watch, leading people to feel “real day-to-day pain.”

“That’s corporate greed. That’s corporate greed,” Biden claimed. “And we have got to deal with it. And that’s what I’m working on.”

CNN’s Erin Burnett: “What about – I mean, but there’s real pain. I mean grocery prices are up 30 percent – more than 30 percent since the beginning of the pandemic. And people are spending more on food and groceries than they have at anytime really in the past 30 years. I mean,… pic.twitter.com/6pa4jR02e0

— Curtis Houck (@CurtisHouck) May 8, 2024

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