President Joe Biden stubbornly refused to admit Americans’ struggles with inflation might cost him the election in a rare interview Wednesday.
A growing economy could inspire confidence in Biden’s leadership ahead of the election, but the issue of persistent inflation could ruin that.
Biden, who was in Wisconsin to tout his record on the economy and to announce an investment by Microsoft to build a factory, defended his handling of inflation.
Polls show voters are nervous and critical of Biden’s handling of the economy and anchor Erin Burnett reminded him that grocery prices are up 30 percent.
But Biden, in his interview with CNN, claimed the polls are wrong and Americans struggling with inflation have more cash in their pockets, saying: ‘They have the money to spend.’
He did admit that inflation, one of the biggest factors that sank Biden’s popularity in the first half of his term, was real.
‘It is real, but the fact is that if you take a look at what people have, they have the money to spend,’ he claimed.
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Author: Paul Bedard
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