{"id":52411,"date":"2025-08-16T18:41:03","date_gmt":"2025-08-16T18:41:03","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=52411"},"modified":"2025-08-16T18:41:03","modified_gmt":"2025-08-16T18:41:03","slug":"watch-hakeem-jeffries-gets-leveled-by-joe-kernen-after-claiming-trump-is-failing-on-the-economy-on-cnbcs-squawk-box","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=52411","title":{"rendered":"WATCH: Hakeem Jeffries Gets LEVELED by Joe Kernen After Claiming Trump is Failing on the Economy on CNBC\u2019s Squawk Box"},"content":{"rendered":"

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CNBC host Joe Kernen on Thursday obliterated Democrat House Leader Hakeem Jeffries (D-NY), calling him out on his failure to explain the Democrats\u2019 fearmongering as President Trump sees historic economic accomplishments since taking office in January.\u00a0<\/strong><\/p>\n

While discussing tariffs and inflation, Hakeem Jeffries claimed that \u201cthe erratic tariff policies have created a great deal of uncertainty in the business environment, and uncertainty, of course, doesn\u2019t allow for the type of explosive economic growth that we will all like to see here in the United States of America.\u201d<\/p>\n

\u201cI think there\u2019s no real basis to conclude that Donald Trump has been successful, particularly as it relates to the core issue of driving down the high cost of living in the United States of America,\u201d Jeffries continued.<\/p>\n

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\u201cI\u2019m deeply concerned that the tariffs are going to exacerbate the inflationary challenges that we already have.\u201d<\/p>\n

This is despite Quarter 2 GDP numbers showing excellent economic growth at 3.0%, hundreds of billions of dollars<\/a> in new business investment, and hundreds of billions of dollars<\/a> in tariff revenues into the United States.<\/p>\n

Budget data released last month also showed that tariff revenues as a share of federal revenue had more than doubled, and tariffs created a surplus as opposed to a $71 billion deficit in June 2024 under Biden. US Customs duty collections for fiscal year 2025 had already topped $100 billion for the first time in history<\/a>, with several months still to go.<\/p>\n

Additionally, inflation in July\u00a0held steady at 2.7%, shy of the 2.8% Wall Street expected.<\/p>\n

Kernen let him have it.<\/p>\n

WATCH:<\/p>\n

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Kernen:<\/strong> I don\u2019t know about deflation and costs coming down. All I can tell you is that the inflation rate itself was 2.7% in the most recent read, year over year, versus it got to a high of 9% under Biden. Stocks are at record highs. Unemployment is 4.2%. That\u2019s full employment. The GDP was 3%. The border is actually secure. We\u2019ve got trade deals with EU, Japan, many more in the works, and trillions of dollars of foreign investment coming here.<\/p>\n

Iran\u2019s nuclear ambitions have been set back indefinitely. And I just wrote down a few things. So, I just have to ask you, where is the calamity that you\u2019re talking about? And it almost seems like for Democrats, Socialism is the answer to these problems or, I don\u2019t know, what an end of democracy or something? We just don\u2019t get it.<\/p>\n<\/blockquote>\n

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In response to Kernen, Jeffries gave a word salad tirade about Social Security, Medicare and Medicaid, and food stamps.<\/p>\n

Watch:<\/p>\n

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Jeffries:<\/strong> Well, actually, I\u2019ll tell you what we stand for. Joe is pretty clear. As Democrats, we believe in a strong floor and no ceiling. In America, you work hard, you play by the rules, you should be able to live the good life, and there should be no ceiling on your success, on your capacity to do anything in the United States of America. That\u2019s the great promise of this country. At the same period of time, there should be a strong floor.<\/p>\n

Today is the 90th anniversary of Social Security. It was born 90 years ago today. What we\u2019ve seen from this administration is an attack on Social Security, an attack on Medicare, an attack on the Affordable Care Act, ripping Medicaid away from millions of Americans. That actually is the type of strong floor that we should also have in this country You passed one big, ugly bill that\u2019s now law on a partisan basis that represents the largest attack on health care in American history. Hospitals will close, nursing homes will shut down. Community based health clinics will be unable to operate. People all across the country are going to experience increased premiums, copays and prescription drug prices.<\/p>\n

That\u2019s a problem for everyday Americans. I\u2019m not talking about people who are already wealthy and well off and well connected. I\u2019m talking about the everyday Americans that I represent in Brooklyn and that we\u2019re fighting hard for. In fact, those same Americans, food is being ripped out of the mouths of hungry children, veterans and seniors, with the largest attack on nutritional assistance in American history. I find that problematic in the United States of America, and millions of people do so as well.<\/p>\n<\/blockquote>\n

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The post WATCH: Hakeem Jeffries Gets LEVELED by Joe Kernen After Claiming Trump is Failing on the Economy on CNBC\u2019s Squawk Box<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

CNBC host Joe Kernen on Thursday obliterated Democrat House Leader Hakeem Jeffries (D-NY), calling him out on his<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-52411","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nWATCH: Hakeem Jeffries Gets LEVELED by Joe Kernen After Claiming Trump is Failing on the Economy on CNBC\u2019s Squawk Box - Sasquatch News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sasquatchnewsonline.com\/?p=52411\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WATCH: Hakeem Jeffries Gets LEVELED by Joe Kernen After Claiming Trump is Failing on the Economy on CNBC\u2019s Squawk Box - 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