… got to take stock of all the incredible things that we have accomplished over the last year. When Joe Biden and the Democrats left us the government of this country. 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. (10:40–10:52)
CLAIM
Asserts that inflation reached a 40-year high under the previous administration and is now at its lowest in five years.
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.
