US attorney Ethan Bearman says he ‘feels sorry’ for Britain as he heralded the state of the American economy.
Speaking on GBN America, Bearman insisted the economy is in a healthy state after four years of Bidenomics.
But he admitted that there are cases where some Americans don’t feel as strong financially.
“Of course, you are going to have some people who believe that the economy is in worse shape”, he said.
Ethan Bearman praised Biden's handling of the economy
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“However, the United States has the strongest economic growth, the strongest wage growth, and the lowest inflation of all the G7 nations.
“I feel bad for my friends in the UK. We have the best economy of the industrialised world right now.
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Ethan Bearman joined Patrick Christys on GBN America
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“Overall, the economy is actually doing vey well.
“That doesn’t mean that individual people aren’t having bad experiences with places closing and whatnot.
“Their experiences are real and absolutely affect them.”
Journalist Victor Cognialese disagreed with Bearman, saying the ‘reality’ is that Americans are poorer after four years of Biden.
“Their wages are up, but prices are up too much in order for them to pay for those things”, he said.
“Additionally, 60 per cent of Americans are now living paycheck to paycheck.
“We’ve got credit card debt that is over $1.1 trillion right now.
“Those credit card interest rates and the vicinity of 25, 28 per cent and Americans are losing full time jobs.”
Biden is keen to point to the economy ahead of this year’s US presidential election.
But his Republican counterpart Donald Trump has been focusing more on the migrant crisis at the southern border with an unprecedented flow of people making their way into America.
