The former president claimed inflation is making it impossible for young Americans to buy houses and start families
Donald Trump took to Truth Social to blast President Biden’s economic policies for preventing America’s young from getting their slice of the American Dream.
“One of the most vicious effects of the Biden Inflation Tax is how Crooked Joe has made it impossible for millions of Americans, especially YOUNG Americans, to buy a home, a car, or even make rent,” Trump posted on his social-media site Truth Social.
“High inflation means high prices, high interest rates, high mortgage rates, and death for the American Dream.”
The former president continued:
“Under Biden, the 30-year mortgage rate is almost 8%–by contrast, the month I left office, it was 2.6%. That means a typical Minnesota home mortgage that used to cost you $2,000 dollars a month now costs nearly $3,100 dollars a month. And because of the Biden Price Hikes, it is harder than ever to save for a downpayment!”
Trump carried on his assault in a second post, in which he ridiculed Biden for claiming Americans “have the money to spend” and that corporations are to blame for economic hardship, because they’re deliberately shrinking the size of their products, like Snickers bars.
“Americans are not struggling to make ends meet because they’re buying TOO MANY SNICKERS BARS—they’re struggling because we have the worst, most incompetent, most corrupt president in the history of our country!”
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