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Trump Claims Economic Victory with Statistics Showing Price Drops After Biden Era Inflation

“Here at home, we’re bringing our economy back from the brink of ruin,” Trump said. “The last administration and their allies in Congress looted our Treasury for trillions of dollars, driving up prices and everything at levels never seen before. I am bringing those high prices down and bringing them down very fast.”

Trump said that under the Biden administration, car prices rose by at least 22%, gasoline rose 30% to 50%, hotel rates by 37% and airfares by 31%, and mortgage prices up $15,000 under “Democrat rule.”

“Now, under our leadership, they are all coming down and coming down fast,'” Trump continued. “Democrat politicians also sent the cost of groceries soaring, but we are solving that too.”

President Trump delivered these words during his primetime address Wednesday evening. And he didn’t stop at rhetoric. He brought specific numbers—the kind Americans have felt in their wallets for years. The receipts, if you will, on just how badly the Biden administration wrecked this nation’s economic foundation.

The statistics confirm what everyday Americans already knew. Under the previous administration, car prices surged at least 22 percent. Gasoline climbed between 30 and 50 percent. Hotel rates jumped 37 percent. Airfares rose 31 percent. Mortgage costs ballooned by $15,000.

And here’s the real gut punch: real wages plummeted by $3,000. Americans weren’t just paying more for everything—they were earning less in real terms while doing it.

Under President Trump’s leadership, Thanksgiving turkey prices dropped 33 percent compared to Biden’s last year. Egg prices—remember when those became a national punchline?—have fallen a remarkable 82 percent since March. Wages are rising faster than inflation for the first time in years. Factory workers are seeing $1,300 increases. Construction workers are gaining $1,800. Miners are benefiting from $3,300 gains as the administration revives American energy production.

After years of economic damage inflicted by failed progressive experiments, American citizens are witnessing what responsible leadership actually accomplishes. The receipts are in. And they tell the story of a nation finally climbing back from the brink.
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hippyjoe1955 · 70-79, M
And China is dumping Billions of dollars worth of American Bonds. Who will buy them? What will that do to the US dollar? We shall soon find out. Things are never as simple as some people believe them to be.
Khenpal1 · M
@hippyjoe1955 No they are not
hippyjoe1955 · 70-79, M
@Khenpal1 If you say so. Too funny.
Khenpal1 · M
@hippyjoe1955 you need to be upgraded, its not windows xp anymore 😂
hippyjoe1955 · 70-79, M
@Khenpal1 I haven't used windows for so long..... Actually I have seen 3 reports in the last few weeks about China dumping US bonds. It was in the financial reports I check once in a while. Just keeping abreast of things. Maybe you should try doing that.
Khenpal1 · M
@hippyjoe1955 I do every day. Japan had treasury bonds for 1.2 trillion dollars until theirs interest rate went up and its no more attractive to own US bonds. Its almost impossible to see who sell the bonds.
hippyjoe1955 · 70-79, M
@Khenpal1 I have seen reports of 3 tranches of bonds being dumped by China. Not playing in the bond market I can not confirm. Just reports that I tend to give credence to. It would serve China well to sell the bonds to hurt the US in retaliation for what the US is trying to do to China. I am sure taking over a Chinese oil tanker off the coast of Venezuela will help that relationship immensely.