US President Joe Biden has come under fire for his economic outlook for America, as the Republican primary begins in Iowa.
Donald Trump won a resounding victory in the first GOP presidential election of 2024 in Iowa on Monday.
Trump received 51 percent of the vote, Ron DeSantis came in second with 21 percent, and Nikki Haley got 19 percent.
Despite facing numerous criminal charges, the former president is close to running for reelection with incumbent Joe Biden.
Dan O’Donnell criticized Joe Biden’s economic progress since taking office
GB News
Show the latest numbers Inflation in the United States has risen to five percent since 2021, an increase of nearly four percent compared to the inflation rate announced by Trump of 1.4 percent.
However, unemployment rates have nearly halved under the Biden administration, seeing a decline from 6.4 percent under Trump to 3.5 percent under Biden.
Speaking to GB News, radio presenter Dan O’Donnell hit back at host Mark Dolan’s claims that Biden’s economic plan is “working”.
He criticized the president’s “economics” and stated that things were “not as rosy as they seem.”
O’Donnell told GB News: “Jobs figures have been revised downward every month first reported in 2023. Every month.
“Moreover, we still haven’t reached 2% overall inflation, even though the Fed is raising interest rates faster and higher than they have in decades. This is leading to a massive housing crisis as no one wants to move.”
“Since Biden took office, prices have gone up across the board by 11, 12, 13 percent,” O’Donnell revealed, “and I would assume that the main reason the labor market seems as strong as it is is because people are being forced to take second and sometimes third jobs in The gig economy is just to pay for the lifestyle they are accustomed to.
“That’s why you see this big disconnect between Democrats who say the Biden economy is working, and people who are actually living in this economy who say, ‘Wait, I’m paying a lot more than I was paying just two years ago.’
US President Joe Biden is campaigning to run for a second presidential term next November
Reuters
Fellow GB News guest and US lawyer Robert Pattillo shared his thoughts in response to O’Donnell, and said Biden had “put America back to work” since taking office from Trump.
Pattillo responded to O’Donnell, saying, “Donald Trump was a socialist president. He ran up $8 trillion in debt. He had a $2 trillion tax cut that was never paid for.”
“He was literally sending checks to people so they wouldn’t work.
“And so, once two or three years have passed of people getting used to Trump, not working, not going to school, being able to stay home and get a $600 check, or a $1,400 check, people have to step back from that nipple.” “.