“More importantly, [Trump] inherited the worst inflation crisis in half a century,” Doescher said on Fox Business’s Mornings with Maria Bartiromo on Friday. “It’s not mission accomplished, but it is pretty job well done with that core inflation number coming down to its lowest point since the month Joe Biden lit the economy on fire.”
Doescher’s comments about Trump’s handling of inflation come before the president’s State of the Union address, where he is expected to discuss the economy.
Trump has been traveling to battleground states for the last few months to discuss affordability and the administration’s agenda. The president gave remarks in Georgia on Thursday, claiming to have “won affordability.”
Doescher said Trump’s remarks are a “good preview” of his State of the Union speech, and he has the right to “brag” about the stock market.
TRUMP RISKS GOP MIDTERM ELECTION PROSPECTS BY VOWING TO STAY THE COURSE ON TARIFFS
While inflation rates and the stock market are wins for the Trump administration, Doescher noted that the “big number” that matters most for all everyday Americans is that weekly earnings are up 1.9%.
“It obviously takes time for consumers to realize that that’s what’s happening, but that is the only way out of an inflation crisis as bad as we had,” Doescher said. “Trump wants better publicity, but the fact is, when people realize their same paychecks cover more stuff, that is the biggest selling point for the Trump agenda.”
