Well, I do think that the supply side shock on energy that the Trump administration did in their first hundred days was effective. We did see inflation starting to bend down. We did see energy affordable again. People who were in the Northeast and dealing with the winter were able to get through a heating cycle without just completely emptying their entire bank accounts. And it's this war, it's the closure of the Straits of Hormuz, it's the disruption of global energy markets that is really jostled with what was, I think, otherwise, a brilliant strategy that was in place before us. (39:32–39:42)
CLAIM
Asserts that people in the Northeast could afford heating during the Trump 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.
