We had the highest inflation that we had ever had in 40 years, thanks to Donald Trump and Congressional Republicans. We now have inflation at 2.4%, the lowest in five years. And it's coming even lower. Ladies and gentlemen, Under Joe Biden and the Democrats, the average American lost 3, $3,000 in take home pay. And under Donald Trump and Republicans, in just one year, the average American has seen $1,700 increase in take home pay. That is more money in your pocket. (11:01–11:09)
CLAIM
Asserts that the average American lost $3,000 in take-home pay under the Biden administration.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
