Because, remember, we inherited massive inflation from the previous administration. It's no secret. Affordability is a flashpoint, right in recent weeks. And we had four catastrophic years of Bidenomics that we inherited. The Biden administration spent like drunken sailors and attempted to tax and regulate their way to prosperity. And we all knew when they were doing it, it would not work. It had exactly the opposite effect. The result was inflation skyrocketed, gas prices reached record highs, homeownership declined, credit card debt increased. (02:23–02:30)
CLAIM
Asserts that the Biden administration's spending and regulatory policies were excessive and ineffective.
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.
