Former President Donald Trump is hammering President Joe Biden over the inflation that has gripped the United States during his presidency.
The former president spoke on Friday at the Minnesota Republican Party’s annual Lincoln Reagan Dinner where he tore into the president and his Bidenomics agenda, Breitbart News reported.
“Groceries are up 22 percent, eggs are up 50 percent, electricity’s up 40, 50, 60 percent, gasoline is up 56 percent, car insurance — you can’t even get it,” he said. “It’s up 52 percent if it’s available, and then if you need it, they don’t give it to you. They fight you like hell. And, meanwhile, real wages are down by almost five percent. This is what we have. This is Bidenomics.”
He said that inflation is a “country buster” and said that inflation during the Biden presidency has led to “millions of Americans” not being able to afford to pay their rent, purchase homes and groceries.
“His inflation catastrophe is, in effect, a colossal tax on American families. We will call it the ‘Biden Inflation Tax,’” he said. “It’s the biggest tax in history. It’s called an inflation tax. It’s about 50 percent. This is like going to Congress and raising your hand for a 50 percent tax — that’s what it is. When I left office, and we had virtually no inflation we had nothing, only success.”
“Biden price hikes are continuing to drain $1,165 dollars from the typical Minnesota family budget every single month,” the former president said.
“These numbers are staggering, and you know, somebody got a little bit of a wage increase, it doesn’t matter because the prices have gone up so much,” the former president said. “It’s a sad thing.”
“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 their rent. Young Americans are getting out of high school and getting out of college and it’s a disaster for them,” he said.
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