Former President Donald Trump conducted a press conference on August 15th outside his club in Bedminster, New Jersey. The purpose of the press conference was to discuss the impact of inflation on American consumers.
During the conference, Trump made a vow to address the issue of inflation and stated that he would make America affordable again.
Accompanied by a table displaying various grocery products such as coffee, cereal, bagels, and bacon, Trump emphasized the challenges faced by everyday Americans due to significantly high prices on essential items.
Trump drew attention to the skyrocketing prices of groceries, highlighting the inflated costs of bread, butter, baby formula, eggs, and other everyday food items.
In his speech, Trump criticized Vice President Kamala Harris’ plan to prevent companies from engaging in price gouging. He argued that such an approach could lead to unintended consequences.
Trump expressed his concerns by stating, “She wants price controls, and if they worked, I’d go along with it, too, but they don’t work. They actually have the exact opposite impact and effect, leading to food shortages, rationing, hunger, and dramatically more inflation.”
The discussion on inflation was followed by Trump addressing other significant topics including energy production, immigration, housing, and supply chain disruptions. The former president spoke for over 90 minutes.
Trump emphasized that his administration would have taken immediate action to bring prices down by increasing oil and natural gas drilling on day one. He criticized the Biden-Harris policies for reducing domestic energy production, resulting in further price increases throughout the economy.
While expressing his support for clean energy, Trump also expressed concerns about the potential negative effects of renewables such as wind and solar. He highlighted the issue of bird fatalities caused by wind farms and stated concerns about potential harm to plant life if the United States were to implement large solar farms in desert areas.
The former president also mentioned his opposition to the Biden administration’s policy of establishing increasingly higher emission standards for gas vehicles, often referred to as the electric vehicle mandate. Trump argued that the United States would still depend on electrical plants to power electric vehicles and stated that fossil fuels, including natural gas fracking, are the only answer to meet America’s energy demand.
Responding to a question about Harris’ plan to ban price gouging, Trump expressed skepticism about its feasibility and suggested that it may lead to long-term price increases.
Furthermore, Trump criticized Harris for casting the tie-breaking vote to pass the $1.9 trillion American Rescue Plan Act, an economic stimulus bill aimed at recovering from the pandemic. He also linked the inflation rates to supply chain shortages caused by the pandemic and pledged to address this issue if reelected as president.
Concluding his speech, Trump vowed to bring back supply chains to prevent costly disruptions and highlighted the issue of high housing costs for average consumers.
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