Donald Trump Shreds 'Bidenomics' Over High Inflation Rates, Touts 'MAGAnomics'
During a campaign event in Philadelphia on Saturday, former President Trump spoke about the economic policies of President Biden and promised to replace them with his own plan on the first day back in office.
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NewsTranscript
00:00we're trying so I'm not going to use the word bullshit it's not I refuse to use
00:04it and it's not that bad a word I will also take immediate action to restore
00:12prosperity to every part of our land when I left office inflation was
00:17practically nothing during my term we had gasoline down to one dollar and 87
00:23cents a gallon and at some points even less than that and the 30-year mortgage
00:29rate was 2.7 percent and then Joe Biden blew it to shreds Biden's inflation
00:37price hikes and energy destruction of course the average American family an
00:42astounding $28,000 28,000 that's a lot of money and with me they actually made
00:5116,000 that's a lot of money you know inflation is a disaster it's a
00:56country buster it's a total country buster and when you look at the prices
01:01of eggs and bacon that it's gone up a hundred percent much more than that in
01:06some cases and if people are making she said we can't eat anymore you can't
01:11don't ever eat again even I won't buy bacon anymore it's too expensive I said
01:18I'd love to have some lovely bacon darling and she said no I'm sorry it's
01:23too expensive the monthly cost of the typical mortgage is doubled under
01:29crooked Joe Biden but it's actually gone up much more than that so with me it was
01:33around 2% interest now it's 10% and you can't get the money so when you can't
01:39get the money that means it's not 10% right you know that's on day one of my
01:43new administration we will throw out by dynamics and replace it immediately with
01:48MAGINOMICS