WATCH: Elizabeth Warren Blanked Out When Asked Why Americans Prefer Trump's Economy

AP Photo/J. Scott Applewhite

In 2018, as well as when running for President in 2020, Sen. Elizabeth Warren (D-MA) constantly claimed that people were working "two and three part-time jobs" to keep up with payments, and that is why the unemployment rate was low.

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People say unemployment is down, and boy I’m glad to hear that unemployment is down, except you’ve got to pause for a minute. When it’s down because people are working two and three part-time jobs, that’s not such good economic news. When it’s down because we don’t count all the people who’ve dropped out of the labor force for a whole host of reasons, that’s not very good economic news.

Fast forward to 2024, Warren was asked, "Why do you think so many Americans say they miss the Trump economy?"

Warren responded:

I don't know. I can't explain polling. I can't explain how narratives come to be. I also can't explain how sensitive are they... All I can do is do the look ahead, and look ahead is going to be draw this contrast."

WATCH:

She had a lot to say about the economy and how "terrible" it was when Trump was president but now can't seem to answer why people feel like they did better financially under Trump in contrast to being unstable financially under Biden.

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As interest rates see a decrease, they still remain too high for working-class families who are trying to buy a home. Inflation has seen a decrease but is still higher than expected, and gas prices remain higher under the Biden administration than the Trump administration. 

Certain Republicans like Florida Gov. Ron DeSantis have pointed out that excessive spending by both parties has contributed to inflation. While that is true, the surge in gas prices is directly attributable to the Biden administration's green energy agenda and its war on the fossil fuel sector.

As for interest rates, they are cooling, but as experts have pointed out, the rates are unlikely to drop below five percent within the next year.

So you can see why people are saying they were better off during the Trump administration than under the Biden administration.

Per a 2023 Bankrate survey, half of those polled say their overall financial situation has gotten worse since 2020. This is the result of Bidenomics in action, and it seems most Americans reject it, no matter how much Democrats try to sell voters on Bidenomics. 

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As Larry Kudlow, the former Director of the National Economic Council during the Trump administration, said, the 2024 election will be about pocketbook issues. Between the economy and immigration, those two issues will be two of the top issues for many voters across the country. 

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