During speeches at a sizable beach gathering on Saturday, former President Trump pledged to replace “Bidenomics” with “MAGAnomics” on his first day in office, should he win in November.
Speaking to a gathering he claimed to be larger than 100,000 supporters in Wildwood, New Jersey, Trump criticized a number of President Joe Biden’s economic initiatives, pointing out that New Jerseyans in particular had suffered financially under the Joe Biden administration.
“We will reinstall MAGAnomics and chuck away Bidenomics on Day One,” declared Trump. “And we are going to resurrect New Jersey’s manufacturing, tourism, and other industries like never before.”
According to Trump, the “Biden inflation tax” has cost the typical New Jersey household $23,381 over the past three years. According to him, the cost of hot dogs has increased by 22%, chickens by 32%, hamburgers by 37%, soda by 30%, eggs by 50%, gasoline by 50%, and bacon by 79%.
He explained, “That is why I do not have bacon anymore.”
He said that such inflation statistics are “devastating,” putting the nation at risk of inflation “busting.” Trump also attributed the rise in oil prices to Biden’s initiatives.
He declared, “New Jersey and Pennsylvania have an easy decision to make.” “Vote for Trump in November if you want longer weekends at the seaside, more income, and reduced costs.”
He asserted that in addition to eliminating Trump’s tax cuts, “Crooked Joe wants to significantly hike your income taxes.” “I will give you a Trump middle-class, upper-class, lower-class, and business-class significant tax cut instead of a Biden tax rise,” he said. You will receive the largest amount of tax relief.
Trump assured supporters that he would put an end to Biden’s “inflation death spiral,” “green new swindle,” and “Biden spending frenzy.” He acknowledged that the stock market was doing well, but he maintained that this was only because he was winning in the polls. Should he lose the election, he also forecasts a fall “similar to 1929,” which is famous for being the start of the Great Depression.
Under his direction, the previous president declared, “We are going to drill, baby, drill.” We are planning to drastically reduce our energy. He stated that because of Biden’s actions, “energy got out of hand” and oil prices shot up to $100 per barrel, giving Russia “a fortune” and enabling President Vladimir Putin to wage war on Ukraine. In addition, he stated that Biden “would damage your property value” and that he is “trying to eradicate the suburbs” in New Jersey. He is going to ruin your money.
Before Trump’s speech, Rep. Jeff Van Drew (R-NJ) made a statement at the event and told the Washington Examiner that “those who live in New Jersey suffer more than many others because it is an expensive area to live.” Not every resident of New Jersey is a millionaire.
Rep. Wildwood and much of South Jersey remarked, “Four years ago, [we] had a terrific economy; everybody was doing well [with] almost no inflation.” “Look where we have come to.”
Speaking with many participants at Trump’s Wildwood event, The Washington Examiner found that many of them cited the economy and inflation as major worries.
Christine Powell, 52, a hospice worker from Medford, New Jersey, stated, “All of us who were living paycheck to salary are now living week to week plus maxing up every single credit card because this economy is simply horrific.”
Following his graduation from college, 18-year-old Luke Reed of Glassboro, New Jersey, said he is concerned about getting a job and purchasing a home. “Inflation is out of control. While things were not too terrible under Trump, they are currently getting worse.
The former president promised during his rally that “a brand-new Trump economic boom would rapidly replace the Biden economic collapse.” “There will be another boom, similar to the last one. Our economy was the strongest in our nation’s history.
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