In a recent segment on Fox News, host Harris Faulkner didn’t hold back while confronting Democratic strategist Antjuan Seawright over his wild claim that President Biden had “saved” Americans’ pensions. One would think that saving pensions would be a cause for celebration, but when families are struggling to make ends meet due to soaring prices, such assertions start to ring hollow.
Under Biden and Vice President Harris, inflation has climbed to dizzying heights, with a staggering increase of over 20% during their tenure. The Consumer Price Index even peaked at a catastrophic 9% in June 2022. Seawright’s assertion that Biden and Harris have a solid economic record while supposedly “saving” the pensions of millions felt more like a tall tale than truthful reporting. With Faulkner’s blunt intervention, reality was restored to the discussion, as she pointed out the inconvenient truth that for every supposedly saved dollar, inflation has practically clawed back more than half.
‘Had To Get The Facts In There’: Harris Faulkner Fact-Checks Dem Guest On Economy Under Biden-Harris Admin | The Daily Caller https://t.co/AXKLJ89dUJ
— Becca Buono (@becca_buono) October 8, 2024
The preceding administration, under Trump, left behind a much healthier economy. In January 2021, the CPI increased by a mere 1.4% year-over-year, and gas prices were hovering comfortably below $2.25 a gallon. Yet, under the current administration’s watch, these figures now seem like a fever dream, and Seawright’s declarations about the economy feel like trying to sell ice to penguins in Antarctica. Faulkner adeptly highlighted the irony in the situation, emphasizing that Biden and Harris seem to be purposefully taking money from American households while claiming to be their financial saviors.
Faulkner was persistent in her quest for truth, cutting through Seawright’s attempts to gloss over the facts by asserting that his party had a difficult road ahead. Given that only 39.8% of Americans approve of Biden’s economic performance and a mere 36.5% have positive feelings toward the handling of inflation, it’s clear that the average American is not yet feeling the alleged benefits Seawright speaks of. The connection between political rhetoric and the everyday struggles of citizens is vital, and one can’t help but wonder how long the Democrats plan to keep dodging accountability.
Towards the end of the exchange, Faulkner posed a challenging question to Seawright about the urgency of making Americans feel the improvements before the upcoming November elections. It’s almost as if he was being asked how he planned to make chicken salad out of chicken you-know-what, considering that the fateful predictions from Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen both proved to be woefully optimistic. With the predictions of inflation being transitory and then admitting underestimation, it’s a classic case of too little, too late.
In the grand scheme, Seawright’s assertions are likely to be met with skepticism as America continues to grapple with economic realities that starkly contrast with the rosy picture he paints. As the political theater unfolds, the American public is left balancing their checkbooks, wondering how to save their own pensions while the political elites cozy up to their narratives. The truth remains that people want to see results, not mere rhetoric filled with claims of economic salvation that feel more like smoke and mirrors.