On this week’s episode of “CNN This Morning,” DNC Chairman Jaime Harrison answered a question about whether or not the economy has become a bad problem for President Biden given the rise in the cost of gasoline and mortgage rates that are hitting 20-year highs by stating that the economy is not a weak spot and that “as a result of the Inflation Reduction Act, we have witnessed a sharp drop in inflation all across the country.” So, no matter how you look at the economy, you can see that we’re not headed into a recession. With this economic message, we as a nation are driving back into the future.”
Co-host Victor Blackwell asked, “Gas costs continue to go up. In the last month, they’ve gone up 25 cents, and they were a nickel cheaper a year ago.” The mortgage rates are at their highest level in more than 20 years. And the government and the Democratic Party did such an excellent job explaining a few years earlier that the President can’t do anything about that, right? We know that, but people feel this way. Is it risky to tie the President’s re-election campaign to the economy while so many people are unhappy with it? Is that one of the President’s weak spots?”
Harrison replied, “Well, it is not a weakness, Victor, considering what we’ve witnessed over time, and the way this is different from every other important country around the globe, is that the United States is, once again, at the front of the line. We fight back, and we have done so with inflation. As a result of the Inflation Reduction Act, inflation in our nation has dropped very quickly. So, no matter how you look at the economy, you can see that we’re not headed into a recession. With this economic message, we are taking a big step back into the future. So, we’re just going to keep on going. We are going to keep building more roads and bridges. We are going to keep hiring people and make sure that they have good-paying unionized jobs, instead of just those minimum-wage positions that Republicans are interested in limiting Americans to. At the end of the day, all Americans are going to see that one party continues to fight on their behalf and the other is fighting only for themselves as well as their own power.”
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