Biden is blasted as ‘clueless and out of touch’ for claiming Americans ‘have the money to spend’ when told grocery prices are up 30% in rare sit-down interview [Video]

22:46 EDT 08 May 2024, updated 08:12 EDT 09 May 2024

President Joe Biden stubbornly refused to admit Americans’ struggles with inflation might cost him the election in a rare interview Wednesday. 

A growing economy could inspire confidence in Biden’s leadership ahead of the election, but the issue of persistent inflation could ruin that.

Biden, who was in Wisconsin to tout his record on the economy and to announce an investment by Microsoft to build a factory, defended his handling of inflation.

Polls show voters are nervous and critical of Biden’s handling of the economy and anchor Erin Burnett reminded him that grocery prices are up 30 percent.  

But Biden, in his interview with CNN, claimed the polls are wrong and Americans struggling with inflation have more cash in their pockets, saying: ‘They have the money to spend.’