Three Key Takeaways:
- Harris Faulkner confronted former Democratic Rep. Patrick Murphy on Fox News, challenging his positive portrayal of Biden’s economic record by pointing to inflation surging under Biden and record-high consumer debt.
- Faulkner highlighted the consequences of Biden-era spending, citing a 9% inflation peak in 2022 and a household debt spike to $17.5 trillion in 2023, undermining Murphy’s argument that inflation and debt were improving.
- The segment framed Trump’s economic policies—especially tariffs—as more effective, with polling cited to show stronger public trust in Trump’s handling of the economy.
The debate over economic policy under the Trump administration is heating up.
Democrats are working overtime to rewrite economic history.
And Fox News host Harris Faulkner just destroyed a former Democrat Congressman with one brutal truth.
Fox News host wasn’t having any of the Biden economic revisionism
Democrats are terrified of President Trump’s economic agenda working too well.
They spent years claiming that Trump’s tariffs would destroy the economy during his first term – only to be proven wrong when the economy boomed instead.
Now that Trump is implementing reciprocal tariffs to address what he called “horrendous imbalances” in trade, Democrats are recycling their failed talking points.
During a heated exchange on Fox News, former Democratic Rep. Patrick Murphy of Pennsylvania attempted to sound the alarm on Trump’s economic policies, particularly focusing on inflation and consumer debt.
But Fox News host Harris Faulkner wasn’t about to let him get away with convenient amnesia about the economic disaster Americans endured under Joe Biden.
Democrat tried to paint a rosy picture of Biden’s economic record
Murphy started his misleading economic narrative by suggesting inflation was under control during the Biden years.
“We don’t want inflation, right? Inflation has gone down, it was still too high,” Murphy claimed, attempting to give the Biden administration credit for supposedly taming inflation.
Faulkner immediately cut in with a reality check that left the former congressman fumbling.
“Well, you wanted it for the last four years because you tolerated it,” Faulkner fired back, reminding viewers of the Democrats’ role in creating the inflation crisis in the first place.
Murphy tried to recover: “Harris, I’ve been on here, it was 9%, it’s down to 2.6%. It’s ticking up, it’s still too much. The goal is 2%.”
He then attempted to shift focus to consumer debt, claiming, “The national average of people’s credit card debt, it’s the highest it’s ever been. Delinquencies on paying that credit card off are too high.”
Faulkner dropped the hammer with two devastating facts
That’s when Faulkner delivered the knockout punch that exposed Murphy’s selective memory about what actually happened to the economy under Biden.
“Two things here, two facts there,” Faulkner said firmly. “One, you have different Presidents and notice what happened to the inflation. That’s one.”
She was referencing the economic catastrophe that unfolded after Biden took office. The Consumer Price Index hit a painful four-decade high of 9% in June 2022 after Biden signed multiple spending initiatives, including the massive $1.9 trillion American Rescue Plan, despite explicit warnings that it would trigger inflation.
While Biden occupied the White House, prices for everyday necessities skyrocketed by over 20%, crushing American families who were already struggling.
Faulkner wasn’t done dismantling Murphy’s narrative.
“The second thing is the highest that we’ve ever seen people in debt actually happened about 12 months ago,” she continued. “We know that because the credit reporting bureaus were saying people were asking for, you know, extra counseling to handle their debt.”
Data backs up Faulkner’s statement. Household debt climbed to a staggering $17.5 trillion in 2023 under Biden, with credit card debt hitting $1.17 trillion by November 2024. Credit card defaults reached a shocking $46 billion in just the first nine months of 2024.
“It didn’t just get paid when President Trump became President,” Faulkner explained, “but the goal is to try to get them some equality between what they’re earning and what things cost.”
Americans trust Trump on the economy
The American people aren’t fooled by Democrat attempts to rewrite economic history. They remember the financial pain inflicted by Biden’s policies.
That’s why President Trump currently enjoys a solid 43.4% approval rating on his handling of the economy, according to RealClearPolling – a number that continues to climb as his economic policies take effect.
Trump announced his reciprocal tariff plan during a Rose Garden event on Wednesday, with reports indicating that countries like Japan and South Korea are already seeking negotiations rather than face the consequences of unfair trade practices.
Unlike the Biden administration, which allowed other countries to take advantage of America through lopsided trade deals, President Trump is putting America first and forcing other nations to the negotiating table.
Democrats like Murphy can try to spin economic facts all they want, but Americans know who crashed the economy and who’s fixing it.
