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Trump Criticizes Biden's Energy Policies, Calls 'Green Energy Scam' a 'Disaster'

Forbes Breaking NewsJanuary 5, 20261 min1,023 views
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Energy Costs and Inflation

  • Electricity costs reportedly surged by 30% to 100% under the Biden administration, with typical families losing an estimated $5,000 to $10,000 in higher energy costs.
  • 💡 Former President Trump criticized Democrats for exploiting a "green energy scam" to funnel money into slush funds while implementing energy restrictions that drove up prices.
  • 📉 Trump stated that under his administration, gasoline prices fell below $2.50 a gallon, with some areas reaching $1.99.
  • 📈 He also pledged to open 1,600 new electrical generating plants within 12 months, aiming to dramatically lower prices for electricity and other goods.

Economic Impact and Housing

  • 💸 The "Democrat inflation disaster" is blamed for robbing millions of Americans of home ownership and the American dream.
  • 🏠 The yearly cost of a typical new mortgage reportedly increased by $15,000 under Democrat rule.
  • 📊 Trump claimed that within 11 months, the annual mortgage cost has been reduced by $3,000, with further decreases anticipated.
  • 🏦 He indicated an upcoming announcement for the next Chairman of the Federal Reserve, someone who supports lower interest rates.
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What’s Discussed

Energy CostsGreen EnergyBiden AdministrationDonald TrumpInflationElectricity PricesGasoline PricesFederal ReserveInterest RatesMortgage CostsAmerican Dream
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