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Steve Bannon: “In Christmas of 19 we had virtually no inflation, lowest…”

Featuring: Steve Bannon, Former White House Chief Strategist | National

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Published | Video Starts at 04:46

So in buying that 500 billion and 600 billion is actually more because that's the net deficit and buying that amount of finished product from China, prices didn't go up in 18 and 19. They just didn't in 19 In Christmas of 19 we had virtually no inflation, lowest interest rates you ever had exploding growth explode, 3 1/2% growth. We had blue collar wages rising faster than white collar. We had non college graduates raise raising higher than college graduates. That's kind of the economic nationalist model of Trump. (04:46–04:57)

CLAIM

Asserts that in December 2019, there was virtually no inflation, low interest rates, and 3.5% economic growth.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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