The Biden administration spent like drunken sailors and they 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. All those things that everybody felt and they're still feeling now. Now, the American people gave us a mandate in the election. The president won the Electoral College soundly. (02:34–02:43)
CLAIM
Asserts that the Biden administration's policies led to inflation, high gas prices, decreased homeownership, and increased credit card debt.
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.
