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Remember When You Could Afford Food? Just How Bad is Inflation Under Biden / Kamala?
Join the discussion as we delve into the economic realities of the US under Biden and Trump. Breaking down fact-checking articles, inflation rates, wage changes, and the real cost of living, we offer a comprehensive analysis of the current state and future outlook, revealing the stark differences between recent administrations. From gas prices to rent, grocery costs to home ownership, we uncover the underlying trends and dissect the implications for everyday Americans. Don't miss this deep dive into the numbers that impact your life and the upcoming election.
Malcolm Collins: [00:00:00] Hello Simone. I'm excited to be here with you today. Today is election day in the United States. You're running for office and so is Trump.
So you all get out there, vote or die
Vote or die, what the hell does that even mean? What you think it means, b***h.
Malcolm Collins: because this last four years has begun to feel. Like that scene from Oliver Twist,
Good Lord, it's good. Don't care what he looks like.
Malcolm Collins: where I just, in my mind, I wish the ad that the Trump campaign had played is what I'm putting on screen here, which is just Kamala laughing in the background, and it says, remember when your family could afford food.
Because we have seen like the Democrats will be like, oh, the economy is great under Biden and Kamala. And Kamala has said that she's not going to change much. So I wanted to go through the real inflation numbers, the real price of things under [00:01:00] the two administrations and not the, because there have been some inflation numbers that Republicans have sent around that are really massaged to look good for Trump.
Which. I think undersell things because then you're looking at them, you know, they're massaged. So, you know, this is as good as they could honestly make them look for Trump. So I'm going to start this by going over fact checker with an article titled viral posts, site misleading economic data to compare Biden and Trump presidencies.
To be taking down those ones that make Trump look really good.
Simone Collins: Right.
Malcolm Collins: And we'll go into the numbers that they give for Biden in the various areas, because I think through seeing the most rosy possible numbers that somebody could give Biden,
Simone Collins: right,
Malcolm Collins: you would be horrified for another four years of this.
Simone Collins: Okay. Wow. More so than
Malcolm Collins: you probably think. All right. We identified the national average price of regular gasoline at the pump 2.
48 [00:02:00] under Trump.
And overall, the national gas price increased by 2. 3 percent over the course of Trump's presidency. So under Trump for gas, 2. 48 average, 2. 3 percent increase.
Simone Collins: Right off the bat, this is insane to me because I'm hearing that and I'm like, No gas in the U. S. Was never that inexpensive.
Malcolm Collins: That's impossible.
Hold on. And, and, and keep in mind, they're massaging the numbers for Biden here. , the average price of gasoline under Biden was three 50 and under Biden's presidency, they increased 46. 2%. Well, yeah, we've been paying 4 at the pump. Like recently, I know they increased 46. 2 percent and the average was three 50.
Simone Collins: Yeah.
Malcolm Collins: So the, the, at the end of the cycle, it's going to be higher, obviously. Yes, yes. The highest recorded price under the Biden's administration was at $5 in 1 cents. Yeah, that sounds about right. . So they went from 2 48 under Trump to $5 under [00:03:00] Biden and under Trump, they increased. 2. 3%. Under Biden, they increased 46.
2%. And keep in mind, that was a full four
Published on 1 year, 1 month ago