Donald Trump: 'Affordability' is a Democrat Scam, Claims His Administration Lowered Prices
New York PostDecember 2, 20252 min2,280 views
5 connectionsΒ·6 entities in this videoβTrump's Economic Claims
- β‘ Donald Trump asserts that the concept of 'affordability' is a "Democrat scam," suggesting Democrats use the term without actually lowering prices.
- π‘ He claims his administration has stopped inflation in its tracks since the previous January, bringing it down to a "very good level."
- β οΈ Trump acknowledges that a "little tiny bit of inflation" is necessary, as deflation can be worse, but aims for a "perfect level."
Inflation Comparison
- π Trump states that the inflation inherited from the previous administration was the "worst inflation in the history of our country," potentially worse than 48 years ago.
- β½ He highlights that prices for energy, gasoline, and electricity are low, with 20 states selling gasoline at less than $2.75, down from $5 under "Sleepy Joe."
- π Grocery prices are reported to be down 33% this year compared to the Biden administration, and egg prices are down 86%.
Federal Reserve Criticism
- π Trump criticizes the Chairman of the Federal Reserve, Jerome H. Powell, calling him a "dope" and a "stubborn ox."
- π° He suggests Powell should reduce interest rates, citing even Jamie Dimon as agreeing with this sentiment.
- π― Trump believes the Fed's actions are hindering the reduction of mortgage rates.
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6 entities
Chapters1 moments
Key Moments
Transcript8 segments
Full Transcript
Topics11 themes
Whatβs Discussed
Donald TrumpAffordabilityDemocrat ScamInflationFederal ReserveJerome PowellGasoline PricesGrocery PricesEgg PricesMortgage RatesBiden Administration
Smart Objects6 Β· 5 links
PeopleΒ· 2
ConceptsΒ· 4