Democratic Vice Presidential nominee Gov. Tim Walz (D-Minn.) went viral on Saturday after claiming that Americans “can’t afford four more years of this.”
The comment quickly backfired after conservatives pointed out that Vice President Kamala Harris has been in power for the past two years, not former President Donald Trump.
“WALZ FINALLY TELLS THE TRUTH: ‘We can’t afford four more years’ of Kamala Harris,” said President Trump’s campaign on X.
The Harris-Walz campaign has adopted similar messaging to make them sound like they are challenging an incumbent. However, the Biden-Harris administration has implemented massive spending bills and open-borders immigration policies that are contributing to the very economic malaise they’re now criticizing.
Judging by some key economic indicators, many Americans may agree with Walz’s assessment of what they can and cannot afford.
Americans are increasingly shackled with crippling credit card debt, with average borrowers each owing $6,329 in ultra-high-interest credit card loans.
Nationwide credit card debt hit a record $1.14 trillion in 2024’s second quarter, becoming the second-fastest growing form of debt, only coming after mortgage debt.
Homeownership, a key aspect of the “American Dream,” has become increasingly unattainable under the Biden-Harris Administration.
The cost of a home has also risen drastically since Biden took office.
The median home price in January 2021 was $300,313. As of February 2024, that number was $405,615.
Harris has proposed policy solutions to the poor economy so radical that even the Washington Post likened them to communism.
She was widely criticized for proposing price controls for groceries and a plan to give $25,000 to first-generation homebuyers.
0 Comments