The serial liar says, "nobody could afford anything. The prices were massively high." [View all]
During the unhinged sycophantic showcase this Administration calls a Cabinet meeting on December 2, 2025, the Wizard of Ooze said, "I inherited the worst inflation in history. There was no affordability. Nobody could afford anything. The prices were massively high."
Really?
Inflation spiked at around 7% in 2021 following the height of the COVID-19 pandemic. This was in-part due to all that the government did to make sure Americans would not be too adversely affected by the economic losses that go along with shutting down the economy in the interest of--well--not allowing a lot of people to die needlessly. It was also due in part to supply chain issues caused by said shutting down of the economy; and in part due to price gouging as a result of demand and the general assholery of wealthy business owners.
It was stubbornly sticky in 2022--staying up around 6.5%. But, by 2023--due to the Biden administration's efforts--inflation had dropped to around 3.4%.
https://www.usinflationcalculator.com/inflation/current-inflation-rates/
By the time the wannabe dictator came into office, inflation was hovering around 3%.
3 percent.
Sure, some things like eggs were very expensive due to a raging avian flu, but claiming that "nobody could afford anything" is pure made-up insanity. (Shocking--I know.)
During his remarks, Trump argued that the word "affordability" is a "con job" or "scam" used by Democrats to push a "fake narrative" about the economy. He claimed that he inherited the "worst inflation in history" and that under the previous administration, "there was no affordability". He also asserted that his administration has successfully stopped inflation and brought prices down to a "very good level."
Inflation did continue to ease to around 2.3% until around April--I would argue because of Biden's policies--and then began to take off again due to Emperor Tangerine's policies.
The real "con job" here is pretending like you took over in 2021 and that your policies have brought inflation and "affordability" under control rather than taking what was an improving economy and flying it into the ground 100 miles short of the runway.
But hey, what should or would we expect from someone who has been a successful enough con man all of his life to never have to even give a thought to "affordability" like most Americans do?