On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher said that while food prices have increased significantly under President Joe Biden, former President Trump, the 2024 Republican presidential nominee, He said that he has achieved better results among the Even if you know nothing, you cannot compare it with what you are told. ” And then, “For 20 years, we’ve just been kind of lucky, we haven’t had a lot of inflation. I mean, you may not have lived in a time when there was inflation. You think, oh Trump, no inflation, Biden, inflation, I’m voting for Trump.”
Maher said: “I have another question about the young people here…We were talking about why Trump is doing better, and I think it’s because he’s a big liar. ” And again, if you can’t check the facts, here’s what he’s saying about food, food that’s 40, 50, 60 percent more expensive than it was a few years ago. Well, grocery prices have gone up about 20% since Biden became president, but it’s not all Biden’s fault. But that’s not the case — Trump says bacon, 5x, well, 12% increase. This is a big problem. When you don’t know anything, you can’t compare it to what you’ve been told. …I feel like Biden will lose this election because hot dogs are expensive. ”
He added, “I don’t know if it’s just young people, but… washington post We sent reporters to talk to people in Wisconsin. Here are some quotes that say, “There was no inflation when Trump was president.” we could afford food. ” “Trump”[,] There was no inflation. Prices have really gone up since Biden took office. ” You know, we just got lucky for 20 years and we didn’t have a lot of inflation. That is, you may not have lived in a time when there was inflation. So you think, oh Trump, no inflation, Biden, inflation, I’m voting for Trump. ”
“Of course, President Reagan won in 1980 and we were in terrible economic shape, and President Reagan said he got the country back on track, and his slogan in 1984 was ‘America’s Morning,'” Maher said. In 1984, the inflation rate was 4.3. was “Morning in America”, but now it has decreased to 3.2. The unemployment rate was 7.5 in the morning and is now 3.9. Interest rates in the morning were over 10%. Now it’s half that, 5.3. The return of the S&P 500 was only 1.4% in 1984, and in 2023 it will be 24%. It’s a little different from our expectations, isn’t it? ”
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