Washington Examiner columnist Joe Concha predicted what Vice President JD Vance will discuss during a White House press briefing on Thursday.
“Iran’s inflation rate is up 100% right now, it’s up 400% on some food items,” Concha said on Fox News’s Fox and Friends First on Thursday morning, ahead of the vice president’s appearance.
The war in Iran has led to price increases ahead of midterm elections. Iran’s economy has begun to crumble, and Concha said it will likely be its downfall, similar to the Soviet Union’s collapse.
The White House briefing will be the first one since July, after Karoline Leavitt’s departure.
“On our own economy, I think he’ll make the point that our inflation, or our CPI, is around 3.4% and are expected to fall below 3%,” Concha said.
Concha said while not as low as some would hope, it was still an improvement from the from the 9.1% inflation that peaked during the “autopen” Biden administration.
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“So I’m guessing [Vance] will likely say that Democrats keep running on affordability, but when they had the keys to the car, inflation was nearly three times higher,” Concha said. With many Democrats running on affordability concerns, Concha said inflation was three times higher when Democrats were in charge.
Vance could potentially also be asked about his future ambitions, with talks about a presidential run in 2028, as he was named a possible front-runner. Concha said there was a slim chance of any major announcement on the presidential front, but wouldn’t be surprised if Vance, only 41, temporarily set aside ambitions for the presidency to allow U.S. Secretary of State Marco Rubio a chance at the seat.