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New Economic Numbers Deal Crushing Blow To Biden-Harris

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OPINION: This article may contain commentary which reflects the author's opinion.


Democrat presidential nominee, Vice President Kamala Harris has admitted the truth and the numbers show she was correct.

After she became the Democrat nominee the vice president gave a speech in which she decried the high prices of goods. It was a speech that former President Donald Trump agreed with as he laid the blame squarely at the feet of the current administration, of which she is a key member.

And the numbers are even more dire than the vice president admitted, The Daily Caller reported.

“Prices since November 2020 have increased by roughly 21%, with year-over-year inflation under Biden peaking at about 9% in June 2022 and decelerating to its current annual rate of 2.4% as of September, according to data from the Bureau of Labor Statistics analyzed by the Daily Caller News Foundation. Price hikes for a slew of products have well-exceeded the overall price rise, including household staples like eggs and butter, which rose by approximately 163% and 50% between November 2020 and September 2024, respectively,” the report said.

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“Beef products have also been hit hard by Biden-era inflation, with prices for uncooked beef roasts rising over 31%, uncooked ground beef climbing nearly 27% and uncooked beef steaks increasing approximately 28%, according to BLS. Meanwhile, the price of bread is up over 23% and bakery products up almost 27%,” it said.

“Inflation has been one of the most brutal drivers of the pressure being felt by everyday consumers in recent years. Almost nobody can keep up with the cumulative rise in prices,” Alliance for Consumers executive director O.H. Skinner, who is also the former solicitor general of Arizona, said to the DCNF. “It’s deeply upsetting to many people when headlines focus on individual inflation prints or annual inflation numbers and don’t recognize that the prices staring at consumers from the store shelves are shocking because the inflation that has cumulatively built up has reshaped the shopping experience in a brutal way.”

When President Joe Biden entered the White House inflation was at 1.4 percent with a cumulative inflation of around 8 percent, but now as Democrats ask for voters to keep them in the White House the numbers tell another story.

“Inflation has increased by 21% under the Biden-Harris administration, resulting in declining real wages and a cost of living crisis for ordinary Americans,” Jobs Creator Network President Alfredo Ortiz, said to the DCNF after Thursday’s BLS report. “Only by electing conservatives who believe in a sound dollar, economic growth, and deficit reduction can we finally make America affordable again.”

A CNN poll taken immediately after the debate between former President Donald Trump and Vice President Kamala Harris found that the percentage of voters who trust Trump more than Harris on the economy jumped from +16 percent to +20 percent.

CNN’s Jake Tapper introduced the poll by saying to CNN political director David Chalian, “The first results of our instant poll of debate-watchers have just come in and David Chalian is going to join us now to break it all down. David, tell us more.”

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“Yeah, Jake, and as you noted, this is a poll of debate watchers,” Chalian pointed out. “This is not a poll that represents the overall population, although in partisan breakdown it is pretty close to what the overall registered population looks like in the country.”

Later in the event, Chalian presented the results of a poll asking viewers which candidate, Trump or Harris, they trusted more on the economy. While Trump had a 16-point advantage over Harris before the debate (53%–37%), his lead had increased to 20% (55%–35%) during the discussion.

During the debate, Trump stated, “We’ve had a terrible economy because inflation has — which is really known as a country buster. It breaks up countries. We have inflation like very few people have ever seen before. Probably the worst in our nation’s history. … everybody knows I’m an open book. Everybody knows what I’m going to do. Cut taxes very substantially. And create a great economy like I did before. We had the greatest economy.”

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