Tomi Lahren argues Taylor Swift is 'better qualified' to run US economy than Biden
Taylor Swift Eras Tour expected to rake in estimated $4.6 billion, Fortune reports
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OutKick host Tomi Lahren discusses a former movie executive warning of a Hollywood collapse, the impact of A.I. on the industry and Taylor Swift's tour boosting the U.S. economy.
As the Taylor Swift economy continues burning brighter than the sun, OutKick’s Tomi Lahren has applauded the pop superstar for stimulating an otherwise cruel economy.
"She would be better qualified than a lot of the people currently working in the White House," Lahren said of Swift on "Varney & Co." Monday morning.
The "Tomi Lahren is Fearless" podcast host’s comments come in reaction to the Federal Reserve eyeing Swift’s fiscal earnings and stimulation to the U.S. economy amid her ongoing, high-demand Eras Tour.
According to the Philadelphia Federal Reserve office, Swift is personally responsible for a spike in U.S. tourism, which has boosted their hotel revenues for the first time since the coronavirus pandemic began.
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Fans are paying top-dollar for tickets, hotels and other accommodations and services, with Fortune data estimating that the economic juggernaut of a tour could generate up to $4.6 billion or more.
OutKick podcast host Tomi Lahren explained how Taylor Swift is "better qualified" to oversee the U.S. economy compared to the Biden administration, on "Varney & Co." Monday, July 17, 2023. (Fox News)
During her shows in Colorado on Friday and Saturday this past weekend, Swift made a reported economic impact of $200 million in consumer spending with $140 million added to the state’s GDP, according to Common Sense Institute.
"The thing about this tour is not only are people going to the concerts, but they're getting hotel rooms, they're buying plane tickets, they're spending money in these communities when they go and see the concerts," Lahren explained.
"So this is a big generator and we should maybe take a page out of Taylor Swift's book here," she continued. "She's got something that people want to buy. And I think that it's doing great things for the economy. I think everybody wins in this situation."
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Biden’s approval rating on the economy was 60%, a 7% improvement from last year, according to a Fox News poll released in June. When the president took office, inflation was at a rate of just over 1%, but rose to a 40-year high of 9.1% by June 2022 and has since dropped to under 4%.
Many market experts also still predict a mild recession to hit the U.S. economy during the second half of 2023. And though Swift has tended to lean politically left on the public stage, Lahren further argued how the singer-songwriter has a better understanding of economic prosperity.
"I will say I so believe [that] her ability to transform herself in this industry is remarkable," Lahren said. "Whether you like her politics or not, she does a great job. She's generating money for the economy, especially post-COVID."
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Politics aside, Lahren encouraged the Biden White House to stop the sweet nothings and get Americans as bejeweled as Swift can.
"Again, if there is a spot open, I think in the White House, she could maybe solve a lot of problems there," the podcast host said. "I think she would do a lot better than some of the other picks if I'm honest with you."
FOX Business’ Janelle Ash and Fox News’ Kassy Dillon contributed to this report.