Harris Surrogate, Commerce Sec’y: Biden Inherited ‘Sky-High Inflation’ of 1.4%Ian Hanchett 1 Oct 2024
On Monday’s broadcast of CNBC’s “Squawk Box,” Commerce Secretary Gina Raimondo — who was appearing in her personal capacity as a surrogate for the Harris campaign – claimed that when President Joe Biden took office, we had “sky-high inflation.”
After Raimondo said we know what the Trump presidency led to, and cited “massive deficits” under Trump, co-host Joe Kernen cut in to say that tariffs Trump put in were kept by President Joe Biden, there wasn’t a recession, real wages rose, the stock market performed well, unemployment hit record lows until the pandemic and we’ve also seen the results of Harris as Vice President.
Raimondo responded, “Right. What have you seen? You’ve seen more manufacturing in this country since any time since World War II.”
Kernen cut in to say, “You’ve seen an open border, I’ve seen real wages go down, I’ve seen crime –.”
Raimondo cut in to state, “That’s not true.”
After Kernen said that real weekly wages and average weekly wages have fallen, Raimondo stated, “When Biden came into office, we saw sky-high unemployment, sky-high unemployment, sky-high inflation.”
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