Former 2024 presidential candidate Vivek Ramaswamy joined “Kudlow” to discuss the return of Trump-era economic policies amid a cost-of-living crisis under President Biden.
Vivek Ramaswami, a former 2024 presidential candidate and current Trump supporter, said Americans facing economic hardship can find common ground between the two parties.
“Prices have gone up. Interest rates have gone up. Mortgage rates have gone up. Wages have not kept up. And that’s why Americans are rejecting Bidennomics. We know how it’s affected us. And I think economic growth can be a unifying issue,” he said during an appearance on Fox Business with Larry Kudlow.
“Democrats have rejected this. As Republicans, I think it’s time for us to once again embrace this as our message with dignity, and I think we can unite many Americans across party lines,” he added.
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Persistent inflation has pushed up the prices of everyday items, including basic food items: The price of beef, for example, is up 7 percent annually, while the price of canned vegetables is up nearly 5 percent, according to the April Consumer Price Index.
Rising interest rates have put the dream of homeownership out of reach for many, with rates on a 30-year fixed mortgage hovering just under 7%, and overall inflation is well above the Federal Reserve’s 2% target.
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According to a survey released by the National Cost of Living Coalition, 65% of Americans who earn more than 200% of the national poverty line (about $62,300 for a family of four, often considered middle class) say they are struggling financially.
Despite facing legal troubles, former President Trump continues to campaign on an “America First” platform, traveling all over the country.
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TOP SHOT – Republican presidential candidate and former US president Donald Trump gestures while speaking at a rally in Laconia, New Hampshire, on January 22, 2024. (Photo by Timothy A. Clary/AFP) (Photo by Timothy A. Clary/AFP via Getty Images) (Photo by TIMOTHY A. CLARY/AFP via Getty Images / Getty Images)
He has also appealed to voters outside his base, including holding a large rally in New York’s South Bronx, appealing to many Hispanic and African-American voters who have traditionally voted Democratic.
NEW YORK, NY – MAY 23: Supporters of former President Donald Trump watch as Trump holds a rally in the historically Democratic neighborhood of South Bronx, New York City, on May 23, 2024. The Bronx is home to a large Latino community and has been a hotbed of demonstrations. (Photo: Spencer Pratt/Getty Images)
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Ramaswami said he believes Americans are one nation and that improving the economy will resonate with many voters in both parties.
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“The way we remind the American people of that is really through our own success, through reviving a sense of American exceptionalism, through the revival of the economy and economic mobility and the American Dream in this country. And I think that’s why Donald Trump’s message, the America First message, has resonated so widely,” he noted.
