Economy's Political Importance

• Opening Context

  • The famous phrase: “It’s the economy, stupid” stresses the importance of economic perception in politics.
  • Dissatisfaction with the economy often leads to blame on the sitting president.

• Criticism of Biden Administration

  • Claims Biden’s tenure caused high inflation (up to 9%) and wage decline (approx. $3,000 loss in take-home pay).
  • Biden favored policies benefiting foreign-born workers and illegal immigration, harming American workers.

• Trump Administration Achievements

  • Jobs Report: September added 119,000 new jobs, more than double expectations.
  • Construction Jobs: Surged by 19,000—the largest monthly gain in a year.
  • Wages: Up 3.8% year-over-year; real wages projected to increase $1,200 annually.
  • Inflation: Claimed to be under control compared to Biden era.
  • Private Sector Growth: Most jobs went to native-born citizens.

• Foreign Investment Surge

  • Lists massive investments from countries and corporations (UAE, Qatar, Japan, Apple, EU firms, Saudi Arabia, SoftBank, Nvidia, etc.).
  • Total U.S. and foreign investment cited as $9 trillion.
  • Highlights Trump’s “America First” policy requiring companies to invest domestically.

Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the The Ben Ferguson Show Podcast and Verdict with Ted Cruz Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening

X: https://x.com/benfergusonshow

YouTube: https://www.youtube.com/@VerdictwithTedCruz

See omnystudio.com/listener for privacy information.