We’ve all certainly noticed how Democrats turned a blind eye to inflation and rising prices under Joe Biden, only to feign outrage at high prices the moment Trump took office. “OMG, why hasn’t Trump gotten prices down?” The truth is, Americans voted for Trump to fix the problem, but no one expected him to wave a magic wand and instantly fix everything. That’s just not how things work. We knew it would take time, effort, and real solutions — things the Democrats conveniently overlooked while they were in power.
Shermichael Singleton, a Republican strategist and CNN political commentator, spoke to this point Monday night on “Laura Coates Live.”
Singleton strongly rebutted criticism during a discussion centered on the state of the economy, with CNN commentator Ashley Allison predictably blaming Republicans for the struggles of working-class Americans. Singleton expertly argued that the economic turmoil was a direct result of the Biden administration’s policies, not from Republicans or President Donald Trump.
Allison criticized Republicans for their claims that Democrats were out of touch with working-class people while pointing out that high prices, a dipping stock market, and lack of disposable income were still serious issues. She also criticized Trump’s promises to working-class voters, suggesting that his rhetoric about bringing wealth had failed to materialize for the average American.
Related: Egg Prices Are Falling Fast, Democrats Most Hurt
Singleton quickly countered, pointing out that the economic problems Americans are facing today were not caused by Republicans but by the policies of the Biden administration. He noted that under Biden, the deficit and debt soared, while costs across the board — groceries, childcare, and everyday expenses — climbed higher. “We had four years of the Biden-Harris administration where the deficit went up, debt went up, the cost of living went up,” Singleton said. “It’s not as if Donald Trump was handed this amazing, incredible economy that he’s now all of a sudden destroying.”
Singleton made it clear that Republicans were now tasked with fixing the damage done by the Biden administration. “We, Republicans, are going to have to fix what Democrats completely destroyed over four years,” he said.
Allison pushed back, arguing that while the economy was not improving under Biden, it's not getting better. Singleton dismissed these concerns, noting that economic dips were a natural part of market cycles. “It has been one month,” he pointed out. “Dips happen all the time.”
He’s right. Ironically, the most common argument I keep hearing about the stock market woes right now is comparing them to stock market days under presidents whom they claim had awesome economies. For example, Heather Long of the Washington Post said that Monday's stock market performance was the "worst stock market performance in a president's first 50 days since 2009," when Barack Obama was president, and noted how the Nasdaq had its worst day since 2022, when Joe Biden was president.
Singleton emphasized that Republicans were not responsible for the current economic struggles and needed time to undo the damage caused by the previous administration. He stressed that while the working class faces challenges, the focus should be on long-term recovery, not short-term market fluctuations. “We have to fix what was broken,” Singleton concluded.
And so far, we’re making progress. In addition to cutting wasteful spending, gas prices are dropping, and the price of eggs—which Democrats have used as one of their key talking points in recent weeks — is now lower than when Trump took office.
In other words, the Trump recovery is underway.
