Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Biden dismisses low consumer confidence on the economy: 'We've already turned it around' By: FOXNews.com May 09, 2024 at 06:00 AM EDT President Biden pushed back during a tense moment on a Wednesday CNN interview, arguing that voters' dissatisfaction with this economy is highly exaggerated. President Biden dismissed polls showing voters disapprove of his handling of the economy and trust former President Trump more on the issue Wednesday."We've already turned it around," Biden insisted when asked by CNN host Erin Burnett about low consumer confidence about the economy, including housing costs going up, real income adjusted for inflation going down, and weak economic growth since Biden took office. Biden cited a survey indicating the American people "think their nation is not in good shape, but they’re personally in good shape," before asserting, "The polling data has been wrong all along." MAJORITY OF BLACK PANELISTS IN NORTH CAROLINA AGREE THAT BIDEN ECONOMY IS HURTING: 'LIVING CHECK-TO-CHECK'He knocked polling methodology, asking, "CNN, how many folks you have to call to get one response?""The idea that we’re in a situation where things are so bad, folks — I mean, we’ve created more jobs. We’ve made — we’re in a situation where people have access to good-paying jobs," the president said. While he conceded that inflation is "really worrisome to people," he continued to tout his administration's record on the economy."When I started this administration, people were saying there was going to be a collapse of the economy. We have the strongest economy in the world. Let me say that again - in the world," he said. Biden denied Burnett's assertion that last week's GDP fell "far short of expectations." and pointed to "the response of the market."BIDEN MUST STOP INFLATION DENIAL AND QUIT DOING DUMB THINGS"No president has had the run we’ve had in terms of… bringing down inflation. It was 9% when I came to office," Biden said, while also touting his job numbers."People have a right to be concerned," he acknowledged, before claiming credit for lowering junk fees and blaming "corporate greed." CLICK HERE TO GET THE FOX NEWS APP Related Stocks: Fancamp Exploration Ltd Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Biden dismisses low consumer confidence on the economy: 'We've already turned it around' By: FOXNews.com May 09, 2024 at 06:00 AM EDT President Biden pushed back during a tense moment on a Wednesday CNN interview, arguing that voters' dissatisfaction with this economy is highly exaggerated. President Biden dismissed polls showing voters disapprove of his handling of the economy and trust former President Trump more on the issue Wednesday."We've already turned it around," Biden insisted when asked by CNN host Erin Burnett about low consumer confidence about the economy, including housing costs going up, real income adjusted for inflation going down, and weak economic growth since Biden took office. Biden cited a survey indicating the American people "think their nation is not in good shape, but they’re personally in good shape," before asserting, "The polling data has been wrong all along." MAJORITY OF BLACK PANELISTS IN NORTH CAROLINA AGREE THAT BIDEN ECONOMY IS HURTING: 'LIVING CHECK-TO-CHECK'He knocked polling methodology, asking, "CNN, how many folks you have to call to get one response?""The idea that we’re in a situation where things are so bad, folks — I mean, we’ve created more jobs. We’ve made — we’re in a situation where people have access to good-paying jobs," the president said. While he conceded that inflation is "really worrisome to people," he continued to tout his administration's record on the economy."When I started this administration, people were saying there was going to be a collapse of the economy. We have the strongest economy in the world. Let me say that again - in the world," he said. Biden denied Burnett's assertion that last week's GDP fell "far short of expectations." and pointed to "the response of the market."BIDEN MUST STOP INFLATION DENIAL AND QUIT DOING DUMB THINGS"No president has had the run we’ve had in terms of… bringing down inflation. It was 9% when I came to office," Biden said, while also touting his job numbers."People have a right to be concerned," he acknowledged, before claiming credit for lowering junk fees and blaming "corporate greed." CLICK HERE TO GET THE FOX NEWS APP Related Stocks: Fancamp Exploration Ltd