Media Malpractice

TALKING POINT TAKEDOWN: Axios Omits Key Detail About Economists Endorsing Biden Economy

posted by Hannity Staff - 6.27.24

According to a Fox News report, a recent article from Axios omits a key detail about 16 top economists who have endorsed Biden’s economy over Trump’s: a significant conflict of interest.

“While each of us has different views on the particulars of various economic policies, we all agree that Joe Biden’s economic agenda is vastly superior to Donald Trump,” the economists wrote in a letter first reported on by Axios this week that has been promoted by various members of the Biden campaign on X.

Here’s the catch: the signatories made political donations to President Biden’s 2020 and 2024 campaigns; one of them is even married to Treasury Secretary Janet Yellen!

From Fox News:

Economist Joseph Stiglitz, the Columbia University professor who reportedly spearheaded the letter, previously signed a letter supporting Biden’s Build Back Better agenda and donated $1,250 to the Biden Victory Fund in 2020.

Between 2004 and 2020, Stiglitz donated over $90,000 to Democrat candidates, FEC records show.

Georgetown University Professor George A. Akerlof, who is married to Biden’s Treasury Secretary Janet Yellen, donated $25,000 to the Biden Victory Fund and maxed out as a donor in 2020, giving the campaign $5,600.

Akerlof, who donated nearly $90,000 to Democrats between the 1990s and 2022, also signed a letter supporting Build Back Better, and signed a letter in 2020 calling Trump’s re-election effort “selfish and reckless.”

Harvard University economist and historian Claudia Goldin donated $500 to the Biden campaign in 2020 and 2024 and has donated over $8,000 to Democrats in recent years. Goldin also signed a 2020 letter endorsing the Biden campaign.

Full report over at Fox News:

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