Trump Rails Against Biden For High Inflation Rates: ’Families Are Being Crushed By Crooked Joe’

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On Friday, during a rally in Chesapeake, Virginia, former President Donald Trump discussed current inflation rates.

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Transcript

00:00And our case to Virginia is very simple.

00:05We will seal the border.

00:06We will make the American Dream affordable again.

00:10But we will bring back the American Dream, something you don't hear about anymore.

00:14You're going to have the American Dream back.

00:17Working with your great governor, Glenn Youngkin, we will make Virginia greater than it has

00:21ever been before.

00:25Under my leadership, we had the greatest economy in the history of the world.

00:28That was proven time and time again.

00:31During my term, we had gasoline down to $1.87 a gallon.

00:39And by the way, take a look at gasoline.

00:41It's going up rapidly.

00:42Do you see what's going on?

00:43That's going up.

00:44And by the end, the 30-year mortgage, think of this, was 2.6 percent.

00:50It was 2.6 percent interest.

00:52And you know what it is now?

00:54It's 10 percent, but you can't get the money.

00:57So the American Dream of owning a house is impossible.

01:00When I left office, inflation was almost nothing.

01:04How about this guy going around saying it was 9 percent?

01:06No, it was 9 percent when he didn't enter.

01:11About 14 months after he got in, he had to go from almost nothing to 9 percent.

01:17But he had a period where he had what they call the Trump float.

01:20He had all the good things, including the bounce-back jobs that they took.

01:24They said, all these pandemic jobs, we said, close it down, do whatever you want.

01:29And then when it opens, they're called bounce-back jobs.

01:31And they bounce back to bigger than where it was before.

01:34He takes the credit for it.

01:35You don't take credit for a bounce-back.

01:37Joe Biden accidentally admitted last night, quote, there was no inflation when I became

01:43president.

01:44He made a mistake.

01:45That was where I said, did you mean that, Joe?

01:48You mean you're — Now, Virginia families are being crushed by Crooked Joe.

01:53You can't afford groceries, rent, a house, a car payment, or anything else?

01:59I think your real rate of inflation, by the way — they say 24, 25 percent.

02:03I think if you really had the right items and you include interest where you can't

02:07get a mortgage, but if you do, you're going to pay much more than 10 percent.

02:11I think your rate of — I think your rate of inflation is 35 to 50 percent.

02:16And that's killing this country.

02:18It's a country buster.

02:19It's a family buster.

02:21It's busting up everything.

02:23We have the highest inflation, in my opinion, in the history of our country.

02:27In fact, Biden didn't have inflation for the first — so he didn't have it for many,

02:33many months, because I gave him something that was beautiful.

02:36I gave him a clean, beautiful border.

02:38All he had to do was leave Tom Holman and leave these great people.

02:42You know, Brandon Judd, great — oh, and he had a news conference today, because Biden

02:47used his — Biden last night used his name in vain.

02:50And he said, I never supported Biden, and I never would.

02:54He said, I support Trump.

02:55I don't support Biden.

02:57He has no support.

02:59He doesn't have support from one police group anywhere in the country.

03:04He's — frankly, he's a defunder, if you want to know, defund the police.

03:08That's another brilliant policy that they have.

03:11And then, like a nightmare, it all began.

03:13But on day one of my new administration, we will throw out Bidenomics, and we will replace

03:19it.

03:20We are going to replace it with MAGANomics, where MAGANomics — MAGANomics.

03:29To stop Bidenflation, I will end Joe Biden's colossal waste of American taxpayer dollars,

03:36and I will rapidly terminate a thing called the Green New Scam.

03:40It's the greatest scam in the history of our country.

03:43We're spending trillions and trillions of dollars on nonsense, on things that all they

03:47do is cause waste and inflation.

03:50I will repeal every disastrous Biden regulation — he's adding them back as fast as he can,

03:56killing our jobs — cancel Crooker Joe's insane electrical — think of it, the electric

04:03vehicle mandate.

04:04It's called the EV mandate.

04:06And we will do something like we've never done it before, although we did it pretty

04:09good five years ago.

04:10So, you know, we were — five years ago, we were totally nonreliant on oil and gas

04:18from other countries.

04:19We were going to soon be energy dominant.

04:22We were going to be energy — we were going to be sending it out to Europe, all over the

04:26world.

04:27Nobody had ever seen anything like it.

04:29And then this guy ended it.

04:31Then prices went up, and he started saying, oh, let him drill, let him drill.

04:34But if this election went bad, our country is going to be destroyed.

04:38But they will go back to that policy on the day after it opens up, and you're not going

04:42to have — you're going to have electric bills that will be triple what they are now,

04:46because when we get in, we're going to have a very simple phrase.

04:49We will drill, baby, drill.

04:51We're going to drill, baby, drill.

Trump Rails Against Biden For High Inflation Rates: ’Families Are Being Crushed By Crooked Joe’

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