Posting on Truth Social about President Joe Biden’s economic policies, namely Biden’s handling of the inflation crisis that has ravaged the budgets of many American families under the Biden presidency, former President Trump ripped Biden and called out Biden’s CNN interview answers about inflation, one which many found out of touch.
As background, Biden, in a CNN interview, argued that Americans are in good shape financially. He said, “We have already turned it around. Look, look at the Michigan survey, where 65 percent of the American people think they’re in good shape economically. They think the nation’s not in good shape, but they’re personally in good shape.” Further, when speaking about inflation, he said, “[Inflation] is real, but the fact is that if you take a look at what people have, they have the money to spend.”
Trump torched Biden over those comments on Truth Social. Beginning, he wrote, “Unbelievably, Crooked Joe went on television last week and proclaimed in an interview that Americans can actually AFFORD his brutal inflation tax—he declared that families QUOTE “have the money to spend,” and then Biden blamed his economic disaster on companies shrinking the size of their Snickers bars.”
Continuing, he argued, “But Americans are not struggling to make ends meet because they’re buying TOO MANY SNICKERS BARS—they’re struggling because we have the worst, most incompetent, most corrupt president in the history of our country! Despite what Biden says, the American People CANNOT afford his inflation nightmare—and we DEFINITELY cannot afford four more years of Crooked Joe Biden!”
In another post, Trump called out inflation as a “tax” and noted its “vicious effects,” namely how it prices Americans out of the American Dream. He wrote, “One of the most vicious effects of the Biden Inflation Tax is how Crooked Joe has made it impossible for millions of Americans, especially YOUNG Americans, to buy a home, a car, or even make rent. High inflation means high prices, high interest rates, high mortgage rates, and death for the American Dream.”
Continuing, he described how mortages are now much more expensive, saying, “Under Biden, the 30-year mortgage rate is almost 8%–by contrast, the month I left office, it was 2.6%. That means a typical Minnesota home mortgage that used to cost you $2,000 dollars a month now costs nearly $3,100 dollars a month. And because of the Biden Price Hikes, it is harder than ever to save for a downpayment!”
Further, in yet another post about the inflation crisis, he said, “When I left office, we had NO INFLATION. Yet in the past 3 years, the Biden Inflation Tax has cost the average Minnesota family a staggering $28,000 dollars—and the Biden Price Hikes are continuing to drain $1,165 dollars from the typical Minnesota family budget every single month!”
Watch Biden’s disastrously bad CNN interview here:
During that interview, Biden also blamed “corporate greed” for inflaiton, saying, “It angers them and it angers me that you have to spend more. For example, the whole idea of this notion that you have… shrinkflation… It’s like 20% less for the same price, that is corporate greed. It is corporate greed and we’ve got to deal with it.”
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