California Sen. Adam Schiff acknowledged on ABC News that his Democratic Party lost the 2024 election because they failed to stay “laser focused” on the high cost of living while critiquing President Donald Trump’s economic policies.
During former President Joe Biden’s tenure, inflation peaked at 9 percent in June 2022—a dramatic rise from the 1.4 percent when he took office. Despite this economic crisis, both Biden and the Democrats consistently downplayed the situation, with the then-former president repeatedly touting his economic achievements even as Americans grappled with soaring living costs. READ MORE