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April 9, 2025
Fox News Host Harris Faulkner Slaps Down Former Dem Representative For Conveniently Failing To Mention The Hit Americans Finances Took Under Biden
By Harold Hutchison (DCNF) - All News Pipeline
Fox News host Harris Faulkner fact-checked former Democratic Rep. Patrick Murphy of Pennsylvania Tuesday when discussing tariffs imposed by President Donald Trump, reminding him he failed to mention rising inflation and credit card debt during the Biden administration.
Trumpannouncedreciprocal tariffs to address import duties and horrendous imbalances in trade Wednesday during a Rose Garden event, with reports that Japan and South Korea were among countries seeking negotiations. Murphy took aim at Trump over inflation and credit card delinquencies before Faulkner cut in to remind him about the Biden administrations track record on those issues.
(RELATED: Harris Faulkner Smacks Down Guest Who Downplays Dems Cussing Deluge)
We dont want inflation, right? Inflation has gone down, it was still too high, Murphy said before Faulkner responded, Well, you wanted it for the last four years because you tolerated it.
Harris, Ive been on here, it was 9%, its down to 2.6%. Its ticking up, its still too much. The goal is 2%. The reality is this, though: American people have been put through the wringer, Murphy said. We lost 10 million American jobs because of COVID. We lost one million Americans. Right now, the national average of peoples credit card debt, its the highest its ever been. Delinquencies on paying that credit card off are too high.
The Consumer Price Index (CPI)hita four-decade high of 9% in June 2022, after then-President Joe Bidensignedmultiple spending initiatives into law, including the $1.9 trillionAmerican Rescue Plan, despitewarningsthat it could cause inflation to go up. While Biden was in office, pricesshot upby over 20%.
Household debtclimbedto $17.5 trillion in 2023, with credit card debthitting$1.17 trillion in November 2024. Credit carddefaultshit $46 billion in the first nine months of 2024.
Two things here, two facts there, Faulkner said. One, you have different presidents and notice what happened to the inflation. Thats one. The second thing is the highest that weve ever seen people in debt actually happened about 12 months ago. We know that because the credit reporting bureaus were saying people were asking for, you know, extra counseling to handle their debt. It didnt just get paid when President Trump became president, but the goal is to try to get them some equality between what theyre earning and what things cost.
Trump currently averages a 43.4% approval rating on his handling of the economy,accordingto the RealClearPolling.
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