President Trump delivered the commencement address on Thursday at the University of Alabama, where bragged about lower egg prices.
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00:00We've created 350,000 new jobs and brought core inflation down to its lowest level in many, many years.
00:10Energy is down. Look at your cost of energy. Way down.
00:14Groceries are down. Even eggs are down.
00:17Remember I came in? Remember I was here a week and they started screaming at me,
00:21the fake news, egg prices have doubled.
00:24I said, they just got here. I've been here for four days.
00:27I said, tell me about egg prices. They've doubled.
00:32Well, they didn't double under me. I just got there and we did a great job.
00:36We brought down the cost of eggs. In fact, they said you won't have eggs for Easter.
00:39They wanted to give. We have a big Easter egg hunt at the White House.
00:42You saw it just take place. And they thought we should order thousands of plastic eggs.
00:47Plastic. I said, no, we'll do it. And we straighten out the egg situation very quickly.
00:52Our great secretary of agriculture did a fantastic job.
00:56And we had so many eggs, we didn't know what the hell to do with them.
01:01And prices of eggs have gone down 87 percent since I took office.
01:06That's something, right?
01:11But the price of food has gone down and mortgage rates are down.
01:14And gasoline prices just hit $1.88 a gallon in three states.
01:21Can you believe it? It was at $3.50.
01:24It was at $4.00. We're drilling. Oh, we're drilling.
01:27You know, drill, baby, drill, right? We drill, baby, drill. We do that.
01:31We got it down. We have it going good.
01:33And, you know, when energy drops that much, you don't have much inflation.
01:37It's hard to have it.