Connect with us

Politics

WATCH: CNBC Host Leaves Hakeem Jeffries Speechless On Trump’s Economic Wins

Published

on

During a recent appearance on CNBC’s “Squawk Box,” House Minority Leader Hakeem Jeffries (D-NY) failed to come up with any solid answers when confronted with several positive numbers relating to President Donald Trump’s job performance, particularly on the economy.

For the last several months the Democratic Party for the most part has been publicly suggesting that because of these tariffs that the economy was going to falter that there was going to be a massive recession and for whatever reason that has not happened,” CNBC’s Andrew Ross Sorkin noted. “And I’m curious why you think that hasn’t happened and whether you think it was a mistake to be as critical as you have?”

Jeffries refused to answer the question on tariffs and instead attacked Trump for claiming that prices would “come down” on day one. “Costs haven’t gone down. They’ve gone up. What we have seen, in fact, is job creation go down almost to record low levels. And so there is reason to believe that the economy is not moving in the right direction,” the House Democrat leader said, seemingly citing a controversial jobs report that is expected to be revised.

“And are you surprised that the tariffs haven’t had a bigger impact on prices for example?” Sorkin followed up, again pointing out that the Democrats’ doomsday economic predictions have not come true.

“I think it remains to be seen where this is headed. I’m deeply concerned that the tariffs are going to exacerbate the inflationary challenges that we already have in the United States of America, the affordability issues that we have in the United States of America, particularly as it relates to consumer goods and consumer goods that are going to be important to the American people as folks prepare to send their children back to school.”

Co-host Joe Kernen then jumped in to list a number of the president’s accomplishments, particularly in regards to the economy.

“Mr. Speaker, I don’t know about deflation and costs coming down. All I can tell you is that the inflation rate itself was 2.7 percent in the most recent read, year-over-year, versus it got to a high of 9% under Biden. Stocks are at record highs. Unemployment is 4.2%. That’s full employment,” Kernen began.

“The GDP was 3%. The border is actually secure. We’ve got trade deals with the EU, Japan, many more in the works, and trillions of dollars of foreign investment coming here. Iran’s nuclear ambitions have been set back indefinitely, and I just wrote down a few things. So I just have to ask you, where is the calamity that you’re talking about? And it almost seems like for Democrats, socialism is the answer to these problems.”

Jeffries once again refused to answer and pivoted to claiming that Democrats believe in a “high floor and no ceiling” approach without getting into specifics.