David Axelrod

Former Obama adviser and CNN political analyst David Axelrod lambasted President Biden's defiant stance on the economy Wednesday, calling it a "terrible mistake" so much so that it could result in his defeat in the upcoming election. 

"I don't understand this," the famed Democratic strategist reacted. "I don't understand all these months later, you know, I thought they spent $25 million mistakenly last fall touting Bidenomics and making the same argument that the president is making here." 

Senior Democratic strategist David Axelrod hit President Biden over his economic messaging Wednesday following a campaign event in Milwaukee, saying the president’s “pride” could be his undoing in November.

Biden has consistently framed struggles with the economy in the past tense, and treated the issue as already won. Most Americans disagree, with polls showing most trusting former President Trump on the economy more.

Barack Obama campaign strategist-turned-CNN commentator David Axelrod suggested President Joe Biden’s pride may see him lose the 2024 election to former president and presumptive GOP nominee Donald Trump.

Axelrod’s warning came Wednesday during a panel discussion on Biden’s bold claim, in an earlier interview with “OutFront” anchor Erin Burnett, that his administration had “already turned” the U.S. economy around. Burnett, though, had noted “real income when you account for inflation is actually down” since 2021.