(Joshua Paladino, Headline USA) Democrat strategist James Carville blamed Americans struggling to put food on their tables and gas in their cars for failing to see that President Joe Biden has created a great economy, despite GDP falling by 1.4 percent in the first quarter and inflation rising to 8.5 percent in March, Breitbart reported.
“I don’t think people—I think there is an entire picture of an economy here,” he said on CNN’s “OutFront” with host Erin Burnett.
“I don’t think the people in America are understanding completely where it is.”
Carville coined the phrase, “It’s the economy, stupid,” during Bill Clinton‘s first presidential run in 1992, but now he wants American rubes to understand that kitchen-table issues do not define economic success.
Burnett asked Carville to comment on a recent poll, which found that two-thirds of Americans, including half of Democrats, think Biden has mangled the economy.
Carville pointed to job-creation numbers under Biden, arguing that these offset the decline in the economy’s overall production and crippling inflation, which means a decrease in the dollar’s purchasing power.
“A plurality of Americans think no jobs have been created under Joe Biden, and I think in his first 16 months it’s the best opening 16 months of any president since World War II in job creation,” Carville said.
Early in his tenure, Biden saw a huge jump in employment numbers as Americans returned to work from the government-inflicted COVID-19 lockdowns.
He also blamed poor economic performance, not on Biden’s costly new regulations and restrictions, but on “supply chain issues.”
“Shanghai is probably the leading port in the world in terms of supply chain,” he said.
“So they have formidable problems, but understand we’ve had real good job creation and we have had a real reduction in child poverty.”
Shanghai’s port has seen a massive reduction in international shipping due to China’s COVID-19 lockdowns, the Seatrade Maritime News reported.
Carville concluded by urging Americans to look at job numbers and to ignore their money’s declining value.
“There are bad things, but if we’re making these decisions on the assumption, no jobs created, that’s just not true,” he said. “Jobs are being created left and right.”