, the Founder and President of IMANI Africa, has seemingly defended former President 's use of the phrase "This election is about the economy, stupid," amid backlash from certain quarters.

In a Facebook post on November 1, 2024, Cudjoe clarified that the statement is not an insult, but rather a critique of the current economic situation under President Nana Addo Dankwa Akufo-Addo's government.

Cudjoe argued that Ghanaians themselves recognize the country's economic difficulties, pointing out that the economy has deteriorated since 2016. "Look, 'the economy, stupid' is not an insult.

I think any sensible person living and observing the Ghanaian economy from 2016 to 2024 wouldn't be far from the truth to conclude that this economy has been pillaged, battered, and junked by some earthly braggarts, aka, 'Solid Team' of Damaging Directors," he wrote.