As economic debates continue to stir, Michael Whatley, a Republican contender for the U.S. Senate seat in North Carolina, has sparked controversy with his recent comments on inflation. His claims have drawn attention as they appear to contrast with current economic data trends.
Contrasting Views on Economic Indicators
During a February 24 interview with Fox News, Whatley highlighted what he perceives as economic successes under President Donald Trump, juxtaposing them against former President Joe Biden’s record. Whatley stated, “Hundreds of thousands of jobs in the private sector are being created. Real wages are up year over year, inflation is way down, and GDP is growing. Our economy is starting to move again, and that’s a very important indicator for us.”
However, a closer examination of economic statistics suggests a different narrative. While inflation rates have seen a minor decline since Trump’s return, prices continue their upward trajectory, with a reported 2.4% increase over the past year according to current figures.
GDP and Voter Concerns
GDP growth has also faced a slowdown, decreasing from 2.8% in 2024 to 2.2% in 2025. Economists caution that this deceleration could indicate potential economic stagnation and a contracting job market. The Quinnipiac poll from December 2025 underscores public concern, with 65% of participants expressing a negative perception of the economy, and nearly half anticipating further decline.
Political Implications
Whatley’s comments are not isolated instances. He previously mentioned on the Hugh Hewitt Show and the Fox News Rundown podcast that “costs are coming down” and “inflation is dramatically down.” These assertions have become a point of debate in the Senate race against his Democratic opponent, former North Carolina Governor Roy Cooper.
Cooper has centered his campaign on tackling affordability, citing his efforts in collaboration with the Republican General Assembly to establish 640,000 new jobs with better pay, and implementing paid parental leave for state employees. “I think it’s critical for a U.S. senator to put the people before politics,” Cooper said during a February 26 roundtable discussion.
As the race continues, The Cook Political Report categorizes the North Carolina Senate race as a toss-up, indicating a highly competitive election landscape.
