Because Mr. Trump understands
that the leading issue in this presidential campaign is the economy.
And he has been hammering on the failure of Bidenomics
and
proposing his own pro-growth
alternatives.
This is all well over a year and I'm gonna argue
that that's 1 of the key reasons for his enormous lead in the Republican primary polls and recently
a number of polls show him beating Biden.
Yes it's the economy stupid.
The mainstream media won't report
it. So let me just give you some key bullets from the speech.
Right after some introductory remarks to the variously
assembled South Carolina dignitaries,
Mr. Trump launches right in. And I'm going to quote,
1 of the most important issues of the campaign
will be who can rescue our country
from the burning records of by dynamics.
You know what that stands for right?
Henceforth it will be defined as inflation,
taxation,
submission
and failure.
And then he goes on. But day 1, the Biden economic bust will be replaced with the historic Trump economic boom.
The contrast between our agenda's incredible success and Joe Biden's crushing economic values
couldn't have been more stark.
Let's look at some of the facts comparing
crooked Joe versus President Trump.
Under Biden,
real incomes have gone
down by $7,400
per family.
Gone down by $7,400
per family. Think of that. Under President Trump, however, yearly income went up on average by $6,000.
And he continues,
during Biden's first 30 months in office,
just 2.1 million jobs were created.
And by contrast,
during my 30 months in office, we created 4.9
million new jobs,
a record
millions
and millions more than experts
predicted.
And then he goes on.
Under binomics,
gas prices are again nearing $4
a gallon,
Inflation reached the highest level in half a century,
and mortgage rates pushing a brutal 7%.
When I was your president,
the 30-year mortgage rate reached a record low of 2.65%.
Inflation,
less than 1.9%.
And
we had gasoline
down to a dollar 87
per gallon.
And there's more
under Biden. The radical Democrats have piled up over 10000
dollars of job killing regulatory
costs onto the backs of every American household
in less than 3 years.
And by contrast,
under the Trump administration,
we cut the cost of job-killing regulations
by an amazing
$11,000
per household.
And then he goes on, still more.
Joe Biden immediately shut down the Keystone XL pipeline,
surrendered our energy independence
and our future dominance, and now he's pushing the largest tax hike in American history.
And
then Trump continues along this line, citing more facts and more figures,
and by the way, pledged
to end Biden's
government spending spree.
And really for the first time, Mr. Trump started talking about a balanced
budget
and presidential
impoundment
powers
concerning waste, fraud and abuse.
So folks
don't tell me this election
is just going to be about court cases.
Trump has been running a strong economic growth and prosperity
agenda
ever since he declared
his candidacy.
He is a very good politician.
He understands
that these are going to be kitchen table,
pocketbook
issues in the lead on the economy. And I will say this,
no other candidate in the GOP,
and certainly not Joe Biden, is talking about the economy
the way Donald Trump is.
