Former President Donald Trump is expected to explain the dire impact Bidenflation has had on Wisconsin families at a rally in Waukesha on Wednesday afternoon.
According to prepared remarks obtained by Breitbart News ahead of the 3 p.m. ET speech, President Trump will talk about the economic losses for many Wisconsin families under Bidenflation, but that inflation itself is a huge burden to his administration. They argue that it is a “tax” on spending.
“Biden’s inflation disaster is a direct result of Crooked Joe’s trillions of dollars of overspending. Biden’s hikes are the biggest tax hikes our country has ever seen,” Trump said. As expected, he added:
Over the past three years, the average Wisconsin household has lost between $20,000 and $30,000 due to Crooked Joe’s inflation tax. And these price increases continue to take nearly $1,000 out of a typical Wisconsin household’s budget each month.
President Trump will highlight the soaring prices of groceries, airline tickets, and gasoline before calling it a “50 percent Biden inflation tax.”
Chicken is up 24%, baby food is up 30%, eggs are up 50%, gasoline is up 50%, airfare is up 33%, and 30-year mortgage rates just hit 7.6%.
Crooked Joe likes to talk about “junk fees,” but the biggest “junk fee” is the 50 percent Biden inflation tax. This is the extra cost you pay at the grocery store counter, at the gas pump, and all the other costs. It has increased significantly over the last three and a half years.
President Trump compared President Joe Biden’s administration to a “Robinhood in Reverse that steals from the poor and gives to the rich,” and cited multiple examples of “what Biden’s inflation tax actually did.” I will list them.
Crooked Joe is spending hundreds of billions of dollars to give wealthy people a $7,500 tax credit to buy luxury electric cars. At the same time, thanks to his policies, middle-class families cannot afford cars.
While hard-working Americans struggle to pay rent, Crooked Joe spends billions on hotel rooms for illegal aliens.
President Trump is expected to call “Bidenomics” an “all-out economic war against American families” and promise to reintroduce “Magnomics” when he returns to the White House.
“When I take office, I will immediately halt all new spending, subsidies and contributions under Joe Biden’s massive socialist legislation, such as the so-called Inflation Control Act,” he said.
Trump will also vow to repeal the Green New Deal and boost U.S. energy production. Additionally, he plans to reinstate the Office of Presidential Capture to “further crack down on rampant waste within the federal government” and save tens of billions of dollars a year, according to prepared remarks.
