Biden When Asked About The Economy Under His Administration: 'Take A Look At What I Was Left' With

6 months ago

At the presidential debate on Thursday, President Biden was asked about the economy under his administration.

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Transcript

00:00Gentlemen, thanks so much for being here. Let's begin the debate and let's start with

00:04the issue that voters consistently say is their top concern, the economy. President

00:10Biden, inflation has slowed, but prices remain high. Since you took office, the price of

00:15essentials has increased. For example, a basket of groceries that cost $100 then now costs

00:22more than $120. And typical home prices have jumped more than 30%. What do you say to voters

00:28who feel they are worse off under your presidency than they were under President Trump?

00:33We've got to take a look at what I was left when I became president and what Mr. Trump

00:37left me. We had an economy that was in freefall. The pandemic was so badly handled. Many people

00:43were dying. All he said was, it's not that serious. Just inject a little bleach in your

00:47arm. You'll be all right. The economy collapsed. There were no jobs. Unemployment rate rose

00:53to 15%. It was terrible. And so what we had to do is try to put things back together again.

00:58That's exactly what we began to do. We created 15,000 new jobs. We brought out another position

01:05where we have 800,000 new manufacturing jobs. But there's more to be done. There's more

01:09to be done. Working class people are still in trouble. I come from Scranton, Pennsylvania.

01:14I come from a household where the kitchen table, if things weren't able to be met during

01:18the month, it was a problem. Price of eggs, the price of gas, the price of housing, the

01:22price of a whole range of things. That's why I'm working so hard to make sure I deal with

01:26those problems. And we're going to make sure that we reduce the price of housing. We're

01:31going to make sure we build two million new units. We're going to make sure we cap rents

01:35so corporate greed can't take over. The combination of his left and the corporate greed is the

01:39reason why we're in this problem right now. In addition to that, we're in a situation

01:44where if you had to take a look at all that was done in his administration, he didn't

01:48do much at all. By the time he left, things were in chaos, literally chaos. And so we

01:54put things back together. We created, I said, those jobs. We make sure we had a situation

01:58where we now, we brought down the price of prescription drugs, which is a major issue

02:03for many people. It's $15 for an insulin shot as opposed to $400. No senior has to pay more

02:11than $200 for any drug, all the drugs they conclude beginning next year. And the situation

02:18is making, and we're going to make that available to everybody, to all Americans. So we're working

02:22to bring down the price of around the kitchen table and that's what we're going to get done.

Biden When Asked About The Economy Under His Administration: 'Take A Look At What I Was Left' With

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