00:00You brought up the Walmart Thanksgiving meal, and it is cheaper, but it also contains less.
00:07Well, I haven't heard that. You're telling me. Who are you with? Who are you with?
00:10I'm with NBC News, sir.
00:11Fake news. NBC. You're fake news. What a...
00:16NBC's gone down the tubes along with most of the rest of them.
00:19If I ask, why do you think there's such a disconnect between the economy that you're describing day to day
00:24and the way many Americans say that people ain't ever concerned about...
00:28Well, they feel better about our country right now, other than the shutdown, obviously,
00:31which is caused by the Democrats, could be ended by the Democrats in two minutes.
00:35They feel much better. We have more jobs. We just set a record on jobs.
00:39You do know that. We have more investment in our country than any country in history.
00:44We're over $18 trillion as of this moment, and we're going to be maybe at $20 or $21 trillion
00:49by the time I finish up my first year.
00:52And there's been no country, China, no country in the world that's done anywhere even close to that number.
00:59Your friend Biden, as an example, in four years was less than a trillion.
01:04We'll be at $21 trillion in one year.
01:07So there's no country that was even close to that, and our country was a laughingstock all over the world.
01:13We have more jobs. We have more potential than any other country.
01:17And frankly, we're the hottest country right now.
01:19Victor said to me before, we're the hottest country anywhere in the world.
01:23Think of it. We'll have $20, $21 trillion invested.
01:27We have auto plants pouring back in. We have AI pouring back in.
01:31We're leading China in AI by a lot.
01:34We're leading everybody in every category.
01:37There's no category that we're in second place.
01:39So I just heard this yesterday that Walmart said that the Thanksgiving was 25% more expensive under Biden.
01:51To me, that's a big number because Walmart's respected.
01:56I mean, Walmart is Walmart, and they're giving you prices.
02:00So that would mean that the whole series of pricing and costs, the groceries and everything else,
02:07it was a con job. It was a con job. Affordability, they call it, was a con job by the Democrats.
02:14The Democrats are good at a few things, cheating on elections and conning people with facts that aren't true.
02:20It was 25%. Walmart just announced it two days ago.
02:2625% cheaper this year will be cheaper to have Thanksgiving than it was a year ago under Sleepy Joe Biden.
02:33Mr. President, you said affordability is a con job, as you put it.
02:39Say it?
02:40You said affordability is a con job, and you said last night you didn't want to talk about affordability.
02:45I talked about it. When did I not want to talk about it? I talk about it all the time.
02:50We are much better than Biden and all of them.
02:54Now, just so you understand, do you remember that the Biden administration had the highest inflation
03:00in 48 years, but most people say ever recorded? Do you remember that?
03:06Right? Do you remember it?
03:07Did they have the highest inflation in 48 years?
03:11Did they? Just answer me the question. You know the answer. The answer is yes.
03:15They had the worst inflation in 48 years. We have almost no inflation. We're down now to 2% and we'll be at maybe 1%.
03:24You want to always stay above 1%, actually. You want a little tiny bit of inflation. We're at a perfect number.
03:30They were at the highest level in recorded history, okay?
03:34And when you talk about affordability, that one fact. Now, let's talk about the second biggest subject, after inflation, energy.
03:42We're going to be at $2 gasoline. We're going to be approximately $2 very soon. We're a little bit above $2 right now for gasoline.
03:50Now, under Biden, it was $4.5. It even hit $5, but it was $4, $3.5. We're going to be at $2 a gallon.
03:59So gasoline is much less. Energy costs are less. When you have energy and when you have gasoline less, everything else follows.
04:07It's such a big category. So when you have lower energy prices, which I think you admit we do substantially, that means everything else.
04:15So we are the victors on affordability. But if I watched that election, which I was not much involved in, I didn't support Virginia, the candidate.
04:24Didn't do a lot of support for the other candidates. They asked me about Cuomo, and I said, well, it's a question.
04:32Do you want a thug or do you want a communist? I mean, that was my response. So I wasn't involved in that stuff too much.
04:38But I will say this. If you look at affordability, which they campaigned on, they lied because they talked about, oh, prices are up.
04:47No, no. Prices are down under the Trump administration, and they're down substantially. Energy prices are down by 30, 35, 40 percent.
04:57Gasoline is way down. And the other big thing is we started. Inflation is way down.
05:03The biggest thing is inflation. The second biggest thing is energy. Energy is way down.
05:08And what's also down? Gasoline. Also, the biggest thing is inflation. And it's way down. We took over a mess.
05:18The highest inflation in recorded history. Some people would say 48 years. I'll take either one of them.
05:25But I believe it's the highest inflation in recorded history. That alone makes it impossible for them to have done a good job affordability-wise.
05:33One other thing. When I came into office, Victor, two days into office, they were screaming at me about the cost of eggs.
05:41I was there for two days. Eggs had quadrupled. And I said, listen, I just got here. Let me check it out.
05:48And they were right. Eggs had gone up by three, four times. Within a period of a few months, we had eggs down to a normal cost.
05:56We did a great job on groceries and affordability. The only problem is the fake news. You people don't want to report it.
06:04And, in fact, I'd like to ask Caroline. Where's Caroline? I'd like to ask Caroline a question. Where is she?
06:12Did she? Uh-oh. She deserted us. She deserted me.
06:18A great Caroline superstar deserted me. Anyway, she's right outside.
06:25She was going to talk about it because the fake news yesterday, they talked about that.
06:30They said, oh, I don't want to talk about affordability.
06:33The reason I don't want to talk about affordability is because everybody knows that it's far less expensive under Trump than it was under sleepy Joe Biden.
06:40There she is, sir.
06:41And the prices are way down. Caroline?
06:43Yes, sir.
06:43Could you discuss that question that was asked and how it was asked in such a fake, disgusting manner by the fake news?
06:53Yeah, and I just thought asked again here.
06:55It's very unfortunate that the reporters in this room refused to address, sir, what you just said,
07:00which is that you inherited the worst inflation crisis in modern American history.
07:05And you are fixing it in 10 short months.
07:07And your entire administration has been tasked with this effort from Treasury Department to Agriculture Department to the National Economic Council right here at the White House.
07:16They are slashing regulation.
07:18He signed the largest middle class tax cut in six months.
07:21In six months in record time putting more money back into the American people's pockets.
07:24So affordability is what the American people elected this president to do.
07:29And he is doing it.
07:30And you guys refuse to cover it.
07:32And you refuse to cover that the previous administration created the worst unaffordability crisis in American history.
07:39And I've been watching the TV all day saying that he doesn't want to talk about affordability.
07:43That's what he's working on every day.
07:44And that's what this administration is doing.
07:46But you know why they refuse to cover it?
07:48Because they're fake news.
07:50That's why.
07:50Can I get her someone?
07:51Sure.
07:53Caroline, the prime minister would like you to work for him in Hungary.
07:58Please consider it.
07:59You know what?
08:01That's a very good decision you just made.
08:03Please, please, please don't leave us.
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