How do consumer prices compare in the Biden era with the Trump era 4 years ago?

Eric Revell / FOXBusiness

 

The presidential debate led off with ABC News moderator David Muir asking Vice President Kamala Harris whether Americans are better off than they were four years ago when it comes to the economy. Harris opted against directly answering Muir’s question and instead discussed her background and elements of her economic plan.

Americans have struggled with the impact of inflation on their household budgets in recent years. Inflation surged to a 40-year high of 9.1% in June 2022 due to the impact of supply chain disruptions related to the COVID-19 pandemic and elevated government spending aimed at mitigating its impact.

Though the rate of inflation has subsided to 2.5% as of August 2024, Americans’ budgets are still stretched due to the price increases that have occurred in the last few years. Compared with four years ago, in August 2020, when the country was in the midst of the pandemic and before inflation accelerated, prices are up just shy of 21%, according to FOX Business calculations. Read more and see video here.

Harris' support for Palestinian state rewards terrorism, experts warn

Palestinian state will 'destabilize' Jordan, Israel and 'bring only additional terror and misery'

Benjamin Weinthal / FOXNews 

JERUSALEM — Vice President Harris’ endorsement of a Palestinian state during and prior to her debate with former President Trump would further destabilize the Middle East and bring about additional terrorism, according to Israeli and American experts.

During Tuesday's presidential debate on ABC, the Democrat presidential candidate reiterated her support for a two-state solution: "I will always give Israel the ability to defend itself, in particular as it relates … to Iran and any threat that Iran and its proxies pose to Israel. But we must have a two-state solution where we can rebuild Gaza, where the Palestinians have security, self-determination and the dignity they so rightly deserve."

The two-state solution means an independent Palestinian state on Israel’s borders that encompasses the West Bank territory (known in Israel by its biblical name of Judea and Samaria) and the Gaza Strip. Biden faced intense criticism in February for ignoring the outbreak of Palestinian terrorism in Judea and Samaria while singling out Israeli residents of the region for sanctions. Read more and see video here.